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JC Penney Co Inc's days sales outstanding declined from Jan. 2014 (0.10) to Dec. 2014 (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. 2014 is calculated as
JC Penney Co Inc's Days Sales Outstanding for the quarter that ended in Dec. 2014 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