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Legg Mason Inc's account receivable for the three months ended in Mar. 2014 was $417 Mil. Legg Mason Inc's revenue for the three months ended in Mar. 2014 was $681 Mil. Hence, Legg Mason Inc's days sales outstanding for the three months ended in Mar. 2014 was 55.67.
Legg Mason Inc's days sales outstanding declined from Mar. 2013 (57.66) to Mar. 2014 (55.67).
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. 2014 is calculated as
Legg Mason Inc's Days Sales Outstanding for the quarter that ended in Mar. 2014 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Legg Mason Inc Annual Data
Legg Mason Inc Quarterly Data