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Griffin Land & Nurseries Inc (NAS:GRIF)
Days Sales Outstanding
0.00 (As of May. 2014)

Griffin Land & Nurseries Inc's account receivable for the three months ended in May. 2014 was $0.00 Mil. Griffin Land & Nurseries Inc's revenue for the three months ended in May. 2014 was $5.34 Mil. Hence, Griffin Land & Nurseries Inc's days sales outstanding for the three months ended in May. 2014 was 0.00.

Griffin Land & Nurseries Inc's days sales outstanding declined from May. 2013 (96.14) to May. 2014 (0.00).


Definition

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.

Griffin Land & Nurseries Inc's Days Sales Outstanding for the fiscal year that ended in Nov. 2013 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=1.409/25.526*365
=20.15

Griffin Land & Nurseries Inc's Days Sales Outstanding for the quarter that ended in May. 2014 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=0/5.341*91
=0.00

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Related Terms

Account Receivable, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Griffin Land & Nurseries Inc Annual Data

Nov04Nov05Nov06Nov07Nov08Nov09Nov10Nov11Nov12Nov13
DaysSalesOutstanding 19.1223.4917.5513.6531.5783.9617.9716.8527.8320.15

Griffin Land & Nurseries Inc Quarterly Data

Feb12May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14
DaysSalesOutstanding 25.1741.4617.870.0023.5596.1429.870.000.000.00
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