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Legg Mason Inc's account receivable for the three months ended in Jun. 2016 was $404 Mil. Legg Mason Inc's revenue for the three months ended in Jun. 2016 was $700 Mil. Hence, Legg Mason Inc's days sales outstanding for the three months ended in Jun. 2016 was 52.60.
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.
Legg Mason Inc's days sales outstanding increased from Jun. 2015 (44.94) to Jun. 2016 (52.60).
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
Legg Mason Inc's Days Sales Outstanding for the quarter that ended in Jun. 2016 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