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Icon PLC's account receivable for the three months ended in Mar. 2016 was $362 Mil. Icon PLC's revenue for the three months ended in Mar. 2016 was $401 Mil. Hence, Icon PLC's days sales outstanding for the three months ended in Mar. 2016 was 82.55.
During the past 13 years, Icon PLC's highest Days Sales Outstanding was 93.59. The lowest was 66.88. And the median was 87.76.
Icon PLC's days sales outstanding declined from Mar. 2015 (85.03) to Mar. 2016 (82.55).
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.
Icon PLC's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as
Icon PLC's Days Sales Outstanding for the quarter that ended in Mar. 2016 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Icon PLC Annual Data
Icon PLC Quarterly Data