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Health Management Associates, Inc. (NYSE:HMA)
Days Sales Outstanding
62.12 (As of Sep. 2013)

Health Management Associates, Inc.'s account receivable for the three months ended in Sep. 2013 was $970 Mil. Health Management Associates, Inc.'s revenue for the three months ended in Sep. 2013 was $1,421 Mil. Hence, Health Management Associates, Inc.'s days sales outstanding for the three months ended in Sep. 2013 was 62.12.

Health Management Associates, Inc.'s days sales outstanding increased from Sep. 2012 (61.48) to Sep. 2013 (62.12).


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.

Health Management Associates, Inc.'s Days Sales Outstanding for the fiscal year that ended in Dec. 2012 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=957.918/5865.505*365
=59.61

Health Management Associates, Inc.'s Days Sales Outstanding for the quarter that ended in Sep. 2013 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=970.132/1421.243*91
=62.12

* 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.

Health Management Associates, Inc. Annual Data

Sep03Sep04Sep05Dec06Dec07Dec08Dec09Dec10Dec11Dec12
DaysSalesOutstanding 71.1071.9969.3157.0953.3952.0252.5654.4164.5359.61

Health Management Associates, Inc. Quarterly Data

Jun11Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13
DaysSalesOutstanding 56.6159.6358.9861.0057.1761.4859.2260.6160.6962.12
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