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Meredith Corp's account receivable for the three months ended in Jun. 2014 was $258 Mil. Meredith Corp's revenue for the three months ended in Jun. 2014 was $391 Mil. Hence, Meredith Corp's days sales outstanding for the three months ended in Jun. 2014 was 59.99.
Meredith Corp's days sales outstanding increased from Jun. 2013 (54.63) to Jun. 2014 (59.99).
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.
Meredith Corp's Days Sales Outstanding for the fiscal year that ended in Jun. 2014 is calculated as
Meredith Corp's Days Sales Outstanding for the quarter that ended in Jun. 2014 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Meredith Corp Annual Data
Meredith Corp Quarterly Data