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Goodyear Tire & Rubber Co's account receivable for the three months ended in Sep. 2016 was $2,649 Mil. Goodyear Tire & Rubber Co's revenue for the three months ended in Sep. 2016 was $3,847 Mil. Hence, Goodyear Tire & Rubber Co's days sales outstanding for the three months ended in Sep. 2016 was 62.83.
During the past 13 years, Goodyear Tire & Rubber Co's highest Days Sales Outstanding was 62.46. The lowest was 42.78. And the median was 46.41.
Goodyear Tire & Rubber Co's days sales outstanding increased from Sep. 2015 (57.05) to Sep. 2016 (62.83).
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.
Goodyear Tire & Rubber Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as
Goodyear Tire & Rubber Co's Days Sales Outstanding for the quarter that ended in Sep. 2016 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Goodyear Tire & Rubber Co Annual Data
Goodyear Tire & Rubber Co Quarterly Data