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Li & Fung Ltd's account receivable for the six months ended in Jun. 2015 was $1,584 Mil. Li & Fung Ltd's revenue for the six months ended in Jun. 2015 was $8,626 Mil. Hence, Li & Fung Ltd's days sales outstanding for the six months ended in Jun. 2015 was 33.51.
Li & Fung Ltd's days sales outstanding increased from Jun. 2014 (0.00) to Jun. 2015 (33.51).
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.
Li & Fung Ltd's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as
Li & Fung Ltd'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.
Li & Fung Ltd Annual Data
Li & Fung Ltd Semi-Annual Data