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GuruFocus has detected 8 Warning Signs with Meredith Corp $MDP.
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Meredith Corp (NYSE:MDP)
Days Sales Outstanding
58.72 (As of Dec. 2016)

Meredith Corp's account receivable for the three months ended in Dec. 2016 was $285 Mil. Meredith Corp's revenue for the three months ended in Dec. 2016 was $443 Mil. Hence, Meredith Corp's days sales outstanding for the three months ended in Dec. 2016 was 58.72.

MDP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 49.84   Max: 65.17
Current: 61.12

49.84
65.17

During the past 13 years, Meredith Corp's highest Days Sales Outstanding was 65.17. The lowest was 49.84. And the median was 58.33.

MDP's Days Sales Outstanding is ranked higher than
59% of the 138 Companies
in the Global Publishing industry.

( Industry Median: 69.27 vs. MDP: 61.12 )

Meredith Corp's days sales outstanding declined from Dec. 2015 (66.15) to Dec. 2016 (58.72).


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.

Meredith Corp's Days Sales Outstanding for the fiscal year that ended in Jun. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=273.927/1649.628*365
=60.61

Meredith Corp's Days Sales Outstanding for the quarter that ended in Dec. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=284.84/442.642*365 / 4
=58.72

* 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.

Meredith Corp Annual Data

Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
DaysSalesOutstanding 60.4054.3149.8459.0355.3557.1457.6364.0365.1760.61

Meredith Corp Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysSalesOutstanding 64.8166.2661.7760.9865.9966.1560.7257.3662.3958.72
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