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JC Penney Co Inc's account receivable for the three months ended in Apr. 2016 was $0 Mil. JC Penney Co Inc's revenue for the three months ended in Apr. 2016 was $2,811 Mil. Hence, JC Penney Co Inc's days sales outstanding for the three months ended in Apr. 2016 was 0.00.
During the past 13 years, JC Penney Co Inc's highest Days Sales Outstanding was 8.21. The lowest was 1.60. And the median was 6.86.
JC Penney Co Inc's days sales outstanding stayed the same from Apr. 2015 (0.00) to Apr. 2016 (0.00).
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.
JC Penney Co Inc's Days Sales Outstanding for the fiscal year that ended in Jan. 2016 is calculated as
JC Penney Co Inc's Days Sales Outstanding for the quarter that ended in Apr. 2016 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
JC Penney Co Inc Annual Data
JC Penney Co Inc Quarterly Data