Switch to:
Health Management Associates, Inc. (NYSE:HMA)
Days Sales Outstanding
62.29 (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 62.29.

Health Management Associates, Inc.'s days sales outstanding increased from Sep. 2012 (61.65) to Sep. 2013 (62.29).

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 * 365 / 4 = 62.29

* 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.

Health Management Associates, Inc. Annual Data

 Sep03 Sep04 Sep05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 DaysSalesOutstanding 71.10 71.99 69.31 57.09 53.39 52.02 52.56 54.41 64.53 59.61

Health Management Associates, Inc. Quarterly Data

 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 DaysSalesOutstanding 56.76 59.79 59.14 61.16 57.33 61.65 59.39 60.78 60.86 62.29
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)