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Lamar Advertising Co's account receivable for the three months ended in Mar. 2016 was $181 Mil. Lamar Advertising Co's revenue for the three months ended in Mar. 2016 was $339 Mil. Hence, Lamar Advertising Co's days sales outstanding for the three months ended in Mar. 2016 was 48.81.
During the past 13 years, Lamar Advertising Co's highest Days Sales Outstanding was 49.32. The lowest was 41.56. And the median was 47.31.
Lamar Advertising Co's days sales outstanding declined from Mar. 2015 (50.84) to Mar. 2016 (48.81).
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.
Lamar Advertising Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as
Lamar Advertising Co's Days Sales Outstanding for the quarter that ended in Mar. 2016 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Lamar Advertising Co Annual Data
Lamar Advertising Co Quarterly Data