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LKQ Corp's account receivable for the three months ended in Dec. 2015 was $590 Mil. LKQ Corp's revenue for the three months ended in Dec. 2015 was $1,749 Mil. Hence, LKQ Corp's days sales outstanding for the three months ended in Dec. 2015 was 30.79.
During the past 13 years, LKQ Corp's highest Days Sales Outstanding was 40.68. The lowest was 22.77. And the median was 29.10.
LKQ Corp's days sales outstanding declined from Dec. 2014 (32.59) to Dec. 2015 (30.79).
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.
LKQ Corp's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as
LKQ Corp's Days Sales Outstanding for the quarter that ended in Dec. 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.
LKQ Corp Annual Data
LKQ Corp Quarterly Data