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Genuine Parts Co's account receivable for the three months ended in Mar. 2014 was $1,828 Mil. Genuine Parts Co's revenue for the three months ended in Mar. 2014 was $3,625 Mil. Hence, Genuine Parts Co's days sales outstanding for the three months ended in Mar. 2014 was 45.90.
Genuine Parts Co's days sales outstanding declined from Mar. 2013 (46.23) to Mar. 2014 (45.90).
Days sales outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.
Account receivable can be measured by Days Sales Outstanding.
Genuine Parts Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2013 is calculated as
Genuine Parts Co's Days Sales Outstanding for the quarter that ended in Mar. 2014 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Genuine Parts Co Annual Data
Genuine Parts Co Quarterly Data