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Lee Enterprises Inc's account receivable for the three months ended in Mar. 2016 was $52.1 Mil. Lee Enterprises Inc's revenue for the three months ended in Mar. 2016 was $146.8 Mil. Hence, Lee Enterprises Inc's days sales outstanding for the three months ended in Mar. 2016 was 32.40.
During the past 13 years, Lee Enterprises Inc's highest Days Sales Outstanding was 38.93. The lowest was 33.15. And the median was 34.78.
Lee Enterprises Inc's days sales outstanding declined from Mar. 2015 (34.71) to Mar. 2016 (32.40).
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.
Lee Enterprises Inc's Days Sales Outstanding for the fiscal year that ended in Sep. 2015 is calculated as
Lee Enterprises Inc's Days Sales Outstanding for the quarter that ended in Mar. 2016 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Lee Enterprises Inc Annual Data
Lee Enterprises Inc Quarterly Data