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Layne Christensen Co (NAS:LAYN)
Days Sales Outstanding
52.86 (As of Jul. 2016)

Layne Christensen Co's account receivable for the three months ended in Jul. 2016 was $92.1 Mil. Layne Christensen Co's revenue for the three months ended in Jul. 2016 was $159.0 Mil. Hence, Layne Christensen Co's days sales outstanding for the three months ended in Jul. 2016 was 52.86.

LAYN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.7   Max: 82.27
Current: 51.64

41.7
82.27

During the past 13 years, Layne Christensen Co's highest Days Sales Outstanding was 82.27. The lowest was 41.70. And the median was 53.04.

LAYN's Days Sales Outstanding is ranked higher than
65% of the 726 Companies
in the Global Engineering & Construction industry.

( Industry Median: 70.58 vs. LAYN: 51.64 )

Layne Christensen Co's days sales outstanding increased from Jul. 2015 (50.61) to Jul. 2016 (52.86).


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.

Layne Christensen Co's Days Sales Outstanding for the fiscal year that ended in Jan. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=91.81/683.01*365
=49.06

Layne Christensen Co's Days Sales Outstanding for the quarter that ended in Jul. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=92.135/159.049*365 / 4
=52.86

* 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.

Layne Christensen Co Annual Data

Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16
DaysSalesOutstanding 81.2252.5965.1379.9482.2753.4852.5241.7051.2049.06

Layne Christensen Co Quarterly Data

Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16
DaysSalesOutstanding 54.7955.0450.3951.6162.0150.6149.2352.6151.8552.86
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