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II-VI Inc's account receivable for the three months ended in Mar. 2016 was $148.6 Mil. II-VI Inc's revenue for the three months ended in Mar. 2016 was $205.1 Mil. Hence, II-VI Inc's days sales outstanding for the three months ended in Mar. 2016 was 66.13.
During the past 13 years, II-VI Inc's highest Days Sales Outstanding was 83.16. The lowest was 53.85. And the median was 67.69.
II-VI Inc's days sales outstanding declined from Mar. 2015 (67.41) to Mar. 2016 (66.13).
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 Mar. 2016 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