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Lamar Advertising Co's account receivable for the three months ended in Jun. 2015 was $183 Mil. Lamar Advertising Co's revenue for the three months ended in Jun. 2015 was $344 Mil. Hence, Lamar Advertising Co's days sales outstanding for the three months ended in Jun. 2015 was 48.59.
Lamar Advertising Co's days sales outstanding declined from Jun. 2014 (50.92) to Jun. 2015 (48.59).
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. 2014 is calculated as
Lamar Advertising Co's Days Sales Outstanding for the quarter that ended in Jun. 2015 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