Switch to:
Hi-Tech Pharmacal Co., Inc. (NAS:HITK)
Days Sales Outstanding
107.99 (As of Jan. 2014)

Hi-Tech Pharmacal Co., Inc.'s account receivable for the three months ended in Jan. 2014 was \$70.9 Mil. Hi-Tech Pharmacal Co., Inc.'s revenue for the three months ended in Jan. 2014 was \$59.9 Mil. Hence, Hi-Tech Pharmacal Co., Inc.'s days sales outstanding for the three months ended in Jan. 2014 was 107.99.

Hi-Tech Pharmacal Co., Inc.'s days sales outstanding increased from Jan. 2013 (106.01) to Jan. 2014 (107.99).

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.

Hi-Tech Pharmacal Co., Inc.'s Days Sales Outstanding for the fiscal year that ended in Apr. 2013 is calculated as

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 63.775 / 232.384 * 365 = 100.17

Hi-Tech Pharmacal Co., Inc.'s Days Sales Outstanding for the quarter that ended in Jan. 2014 is calculated as:

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 70.889 / 59.902 * 365 / 4 = 107.99

* 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

Historical Data

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

Hi-Tech Pharmacal Co., Inc. Annual Data

 Apr04 Apr05 Apr06 Apr07 Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 DaysSalesOutstanding 63.78 84.15 78.22 57.83 103.61 107.15 90.72 110.22 95.38 100.17

Hi-Tech Pharmacal Co., Inc. Quarterly Data

 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 DaysSalesOutstanding 86.16 91.42 89.48 101.32 106.51 106.01 99.52 110.42 107.47 107.99
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to \$400 per referral. ( Learn More)