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II-VI Inc's account receivable for the three months ended in Jun. 2015 was $140.8 Mil. II-VI Inc's revenue for the three months ended in Jun. 2015 was $196.7 Mil. Hence, II-VI Inc's days sales outstanding for the three months ended in Jun. 2015 was 65.31.
II-VI Inc's days sales outstanding declined from Jun. 2014 (66.39) to Jun. 2015 (65.31).
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.
II-VI Inc's Days Sales Outstanding for the fiscal year that ended in Jun. 2015 is calculated as
II-VI Inc's Days Sales Outstanding for the quarter that ended in Jun. 2015 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
II-VI Inc Annual Data
II-VI Inc Quarterly Data