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Quicksilver Resources Inc's account receivable for the three months ended in Mar. 2014 was $63.4 Mil. Quicksilver Resources Inc's revenue for the three months ended in Mar. 2014 was $91.8 Mil. Hence, Quicksilver Resources Inc's days sales outstanding for the three months ended in Mar. 2014 was 62.88.
Quicksilver Resources Inc's days sales outstanding increased from Mar. 2013 (44.02) to Mar. 2014 (62.88).
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.
Quicksilver Resources Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2013 is calculated as
Quicksilver Resources Inc's Days Sales Outstanding for the quarter that ended in Mar. 2014 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Quicksilver Resources Inc Annual Data
Quicksilver Resources Inc Quarterly Data