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Halliburton Co's account receivable for the three months ended in Mar. 2016 was $4,983 Mil. Halliburton Co's revenue for the three months ended in Mar. 2016 was $4,198 Mil. Hence, Halliburton Co's days sales outstanding for the three months ended in Mar. 2016 was 108.31.
During the past 13 years, Halliburton Co's highest Days Sales Outstanding was 83.99. The lowest was 42.64. And the median was 75.26.
Halliburton Co's days sales outstanding increased from Mar. 2015 (83.08) to Mar. 2016 (108.31).
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.
Halliburton Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as
Halliburton Co's Days Sales Outstanding for the quarter that ended in Mar. 2016 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Halliburton Co Annual Data
Halliburton Co Quarterly Data