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M.D.C. Holdings Inc (NYSE:MDC)
Days Sales Outstanding
26.41 (As of Sep. 2016)

M.D.C. Holdings Inc's account receivable for the six months ended in Sep. 2016 was $43 Mil. M.D.C. Holdings Inc's revenue for the six months ended in Sep. 2016 was $595 Mil. Hence, M.D.C. Holdings Inc's days sales outstanding for the six months ended in Sep. 2016 was 13.20.

MDC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.36   Max: 18.21
Current: 7.51

3.36
18.21

During the past 13 years, M.D.C. Holdings Inc's highest Days Sales Outstanding was 18.21. The lowest was 3.36. And the median was 5.78.

MDC's Days Sales Outstanding is ranked higher than
93% of the 615 Companies
in the Global Residential Construction industry.

( Industry Median: 47.75 vs. MDC: 7.51 )

M.D.C. Holdings Inc's days sales outstanding declined from Mar. 2016 (35.05) to Sep. 2016 (26.41).


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.

M.D.C. Holdings Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=23.314/1860.226*365
=4.57

M.D.C. Holdings Inc's Days Sales Outstanding for the quarter that ended in Sep. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=43.082/595.42*365 / 2
=13.20

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

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


Related Terms

Account Receivable, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

M.D.C. Holdings Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysSalesOutstanding 10.9418.214.284.093.369.658.895.246.314.57

M.D.C. Holdings Inc Semi-Annual Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysSalesOutstanding 22.4621.7722.5733.2221.4422.2716.0535.0530.5326.41
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