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ITT Corp (NYSE:ITT)
Days Sales Outstanding
88.77 (As of Sep. 2016)

ITT Corp's account receivable for the three months ended in Sep. 2016 was $566 Mil. ITT Corp's revenue for the three months ended in Sep. 2016 was $582 Mil. Hence, ITT Corp's days sales outstanding for the three months ended in Sep. 2016 was 88.77.

ITT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 59.94   Max: 375.29
Current: 83.16

59.94
375.29

During the past 13 years, ITT Corp's highest Days Sales Outstanding was 375.29. The lowest was 59.94. And the median was 65.82.

ITT's Days Sales Outstanding is ranked lower than
52% of the 1366 Companies
in the Global Diversified Industrials industry.

( Industry Median: 80.02 vs. ITT: 83.16 )

ITT Corp's days sales outstanding increased from Sep. 2015 (81.20) to Sep. 2016 (88.77).


Definition

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.

ITT Corp's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=554/2485.6*365
=81.35

ITT Corp's Days Sales Outstanding for the quarter that ended in Sep. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=565.9/581.7*365 / 4
=88.77

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Related Terms

Account Receivable, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

ITT Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysSalesOutstanding 60.2578.4561.2159.98375.2959.9466.0867.8165.5681.35

ITT Corp Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysSalesOutstanding 75.3074.7265.9279.5678.2581.2075.8187.9487.6488.77
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