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Lorillard Inc (NYSE:LO)
Days Sales Outstanding
1.37 (As of Mar. 2015)

Lorillard Inc's account receivable for the three months ended in Mar. 2015 was \$25 Mil. Lorillard Inc's revenue for the three months ended in Mar. 2015 was \$1,668 Mil. Hence, Lorillard Inc's days sales outstanding for the three months ended in Mar. 2015 was 1.37.

Lorillard Inc's days sales outstanding declined from Mar. 2014 (1.49) to Mar. 2015 (1.37).

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.

Lorillard Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 13 / 6990 * 365 = 0.68

Lorillard Inc's Days Sales Outstanding for the quarter that ended in Mar. 2015 is calculated as:

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 25 / 1668 * 365 / 4 = 1.37

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Lorillard Inc Annual Data

 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 DaysSalesOutstanding 2.56 1.56 0.92 0.61 0.63 0.55 0.56 0.99 1.00 0.68

Lorillard Inc Quarterly Data

 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 DaysSalesOutstanding 0.96 1.33 1.52 1.65 1.00 1.49 1.27 0.80 0.67 1.37
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