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Landstar System Inc's account receivable for the three months ended in Dec. 2014 was $493 Mil. Landstar System Inc's revenue for the three months ended in Dec. 2014 was $863 Mil. Hence, Landstar System Inc's days sales outstanding for the three months ended in Dec. 2014 was 52.08.
Landstar System Inc's days sales outstanding increased from Dec. 2013 (51.05) to Dec. 2014 (52.08).
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. 2014 is calculated as
Landstar System Inc's Days Sales Outstanding for the quarter that ended in Dec. 2014 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