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Landstar System Inc's account receivable for the three months ended in Mar. 2016 was $383 Mil. Landstar System Inc's revenue for the three months ended in Mar. 2016 was $712 Mil. Hence, Landstar System Inc's days sales outstanding for the three months ended in Mar. 2016 was 49.09.
During the past 13 years, Landstar System Inc's highest Days Sales Outstanding was 56.44. The lowest was 43.45. And the median was 50.70.
Landstar System Inc's days sales outstanding declined from Mar. 2015 (53.59) to Mar. 2016 (49.09).
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.
Landstar System Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as
Landstar System Inc's Days Sales Outstanding for the quarter that ended in Mar. 2016 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Landstar System Inc Annual Data
Landstar System Inc Quarterly Data