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HRG Group Inc's account receivable for the three months ended in Mar. 2015 was $3,073 Mil. HRG Group Inc's revenue for the three months ended in Mar. 2015 was $1,372 Mil. Hence, HRG Group Inc's days sales outstanding for the three months ended in Mar. 2015 was 204.44.
HRG Group Inc's days sales outstanding increased from Mar. 2014 (44.72) to Mar. 2015 (204.44).
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.
HRG Group Inc's Days Sales Outstanding for the fiscal year that ended in Sep. 2014 is calculated as
HRG Group Inc's Days Sales Outstanding for the quarter that ended in Mar. 2015 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
HRG Group Inc Annual Data
HRG Group Inc Quarterly Data