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Kayne Anderson Energy Development Company (NYSE:KED)
Days Sales Outstanding
247.17 (As of Feb. 2012)

Kayne Anderson Energy Development Company's account receivable for the three months ended in Feb. 2012 was $7.43 Mil. Kayne Anderson Energy Development Company's revenue for the three months ended in Feb. 2012 was $2.74 Mil. Hence, Kayne Anderson Energy Development Company's days sales outstanding for the three months ended in Feb. 2012 was 247.17.

Kayne Anderson Energy Development Company's days sales outstanding increased from Feb. 2011 (117.70) to Feb. 2012 (247.17).


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.

Kayne Anderson Energy Development Company's Days Sales Outstanding for the fiscal year that ended in Nov. 2011 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=7.575/11.199*365
=246.89

Kayne Anderson Energy Development Company's Days Sales Outstanding for the quarter that ended in Feb. 2012 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=7.434/2.737*91
=247.17

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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 own currency.

Kayne Anderson Energy Development Company Annual Data

Nov07Nov08Nov09Nov10Nov11
DaysSalesOutstanding 0.000.000.000.000.0031.04212.0422.04148.86246.89

Kayne Anderson Energy Development Company Quarterly Data

Nov09Feb10May10Aug10Nov10Feb11May11Aug11Nov11Feb12
DaysSalesOutstanding 11.23355.49253.980.002,943.97117.70161.67279.19249.57247.17
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