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IDEX Corp's account receivable for the three months ended in Sep. 2016 was $287 Mil. IDEX Corp's revenue for the three months ended in Sep. 2016 was $530 Mil. Hence, IDEX Corp's days sales outstanding for the three months ended in Sep. 2016 was 49.44.
During the past 13 years, IDEX Corp's highest Days Sales Outstanding was 52.61. The lowest was 44.26. And the median was 50.51.
IDEX Corp's days sales outstanding increased from Sep. 2015 (49.27) to Sep. 2016 (49.44).
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.
IDEX Corp's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as
IDEX Corp's Days Sales Outstanding for the quarter that ended in Sep. 2016 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
IDEX Corp Annual Data
IDEX Corp Quarterly Data