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GuruFocus has detected 3 Warning Signs with Legg Mason Inc $LM.
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Legg Mason Inc (NYSE:LM)
Days Sales Outstanding
53.76 (As of Dec. 2016)

Legg Mason Inc's account receivable for the three months ended in Dec. 2016 was $421 Mil. Legg Mason Inc's revenue for the three months ended in Dec. 2016 was $715 Mil. Hence, Legg Mason Inc's days sales outstanding for the three months ended in Dec. 2016 was 53.76.

LM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 45.76   Max: 130.85
Current: 55.26

45.76
130.85

During the past 13 years, Legg Mason Inc's highest Days Sales Outstanding was 130.85. The lowest was 45.76. And the median was 48.22.

LM's Days Sales Outstanding is ranked lower than
56% of the 456 Companies
in the Global Asset Management industry.

( Industry Median: 43.58 vs. LM: 55.26 )

Legg Mason Inc's days sales outstanding increased from Dec. 2015 (46.04) to Dec. 2016 (53.76).


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.

Legg Mason Inc's Days Sales Outstanding for the fiscal year that ended in Mar. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=334.922/2660.844*365
=45.94

Legg Mason Inc's Days Sales Outstanding for the quarter that ended in Dec. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=421.371/715.241*365 / 4
=53.76

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Legg Mason Inc Annual Data

Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
DaysSalesOutstanding 71.5960.24130.8548.3848.0545.7649.0046.4147.7045.94

Legg Mason Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysSalesOutstanding 44.6545.7847.8644.9444.9646.0449.3352.6051.9453.76
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