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International Game Technology's account receivable for the three months ended in Jun. 2014 was $510 Mil. International Game Technology's revenue for the three months ended in Jun. 2014 was $468 Mil. Hence, International Game Technology's days sales outstanding for the three months ended in Jun. 2014 was 99.25.
International Game Technology's days sales outstanding increased from Jun. 2013 (88.03) to Jun. 2014 (99.25).
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.
International Game Technology's Days Sales Outstanding for the fiscal year that ended in Sep. 2013 is calculated as
International Game Technology's Days Sales Outstanding for the quarter that ended in Jun. 2014 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
International Game Technology Annual Data
International Game Technology Quarterly Data