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Legg Mason Inc's account receivable for the three months ended in Dec. 2015 was $333 Mil. Legg Mason Inc's revenue for the three months ended in Dec. 2015 was $660 Mil. Hence, Legg Mason Inc's days sales outstanding for the three months ended in Dec. 2015 was 46.04.
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 48.69.
Legg Mason Inc's days sales outstanding increased from Dec. 2014 (45.78) to Dec. 2015 (46.04).
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. 2015 is calculated as
Legg Mason Inc's Days Sales Outstanding for the quarter that ended in Dec. 2015 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