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Health Net Inc (NYSE:HNT)
Days Sales Outstanding
6.05 (As of Dec. 2015)

Health Net Inc's account receivable for the three months ended in Dec. 2015 was \$268 Mil. Health Net Inc's revenue for the three months ended in Dec. 2015 was \$4,036 Mil. Hence, Health Net Inc's days sales outstanding for the three months ended in Dec. 2015 was 6.05.

Health Net Inc's days sales outstanding increased from Dec. 2014 (3.66) to Dec. 2015 (6.05).

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 Net Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 267.655 / 16243.587 * 365 = 6.01

Health Net Inc's Days Sales Outstanding for the quarter that ended in Dec. 2015 is calculated as:

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 267.655 / 4036.401 * 365 / 4 = 6.05

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Health Net Inc Annual Data

 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 DaysSalesOutstanding 24.91 4.91 5.73 6.29 15.73 15.56 7.38 6.41 3.92 6.01

Health Net Inc Quarterly Data

 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 DaysSalesOutstanding 11.30 6.45 13.52 22.65 17.41 3.66 12.40 14.40 21.92 6.05
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