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Matthews International Corporation's account receivable for the three months ended in Jun. 2015 was $268 Mil. Matthews International Corporation's revenue for the three months ended in Jun. 2015 was $365 Mil. Hence, Matthews International Corporation's days sales outstanding for the three months ended in Jun. 2015 was 67.12.
Matthews International Corporation's days sales outstanding increased from Jun. 2014 (65.01) to Jun. 2015 (67.12).
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.
Matthews International Corporation's Days Sales Outstanding for the fiscal year that ended in Sep. 2014 is calculated as
Matthews International Corporation's Days Sales Outstanding for the quarter that ended in Jun. 2015 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Matthews International Corporation Annual Data
Matthews International Corporation Quarterly Data