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Lee Enterprises Inc's account receivable for the three months ended in Jun. 2015 was $57.7 Mil. Lee Enterprises Inc's revenue for the three months ended in Jun. 2015 was $157.5 Mil. Hence, Lee Enterprises Inc's days sales outstanding for the three months ended in Jun. 2015 was 33.43.
Lee Enterprises Inc's days sales outstanding declined from Jun. 2014 (34.45) to Jun. 2015 (33.43).
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. 2014 is calculated as
Lee Enterprises Inc's Days Sales Outstanding for the quarter that ended in Jun. 2015 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