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Haemonetics Corp's account receivable for the three months ended in Dec. 2015 was $148.8 Mil. Haemonetics Corp's revenue for the three months ended in Dec. 2015 was $233.4 Mil. Hence, Haemonetics Corp's days sales outstanding for the three months ended in Dec. 2015 was 58.17.
During the past 13 years, Haemonetics Corp's highest Days Sales Outstanding was 84.99. The lowest was 58.47. And the median was 68.97.
Haemonetics Corp's days sales outstanding increased from Dec. 2014 (56.54) to Dec. 2015 (58.17).
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.
Haemonetics Corp's Days Sales Outstanding for the fiscal year that ended in Mar. 2015 is calculated as
Haemonetics Corp's Days Sales Outstanding for the quarter that ended in Dec. 2015 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Haemonetics Corp Annual Data
Haemonetics Corp Quarterly Data