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Meredith Corp (NYSE:MDP)
Days Sales Outstanding
66.15 (As of Dec. 2015)

Meredith Corp's account receivable for the three months ended in Dec. 2015 was $295 Mil. Meredith Corp's revenue for the three months ended in Dec. 2015 was $406 Mil. Hence, Meredith Corp's days sales outstanding for the three months ended in Dec. 2015 was 66.15.

MDP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 49.84   Max: 65.17
Current: 66.58

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 57.39.

MDP's Days Sales Outstanding is ranked higher than
55% of the 139 Companies
in the Global Publishing industry.

( Industry Median: 71.15 vs. MDP: 66.58 )

Meredith Corp's days sales outstanding declined from Dec. 2014 (66.26) to Dec. 2015 (66.15).


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. 2015 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=284.646/1594.176*365
=65.17

Meredith Corp's Days Sales Outstanding for the quarter that ended in Dec. 2015 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=294.611/406.413*365 / 4
=66.15

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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 own currency.

Meredith Corp Annual Data

Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15
DaysSalesOutstanding 55.9560.4054.3149.8459.0355.3557.1457.6364.0365.17

Meredith Corp Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysSalesOutstanding 60.6861.4959.8260.1664.8166.2661.7760.9865.9966.15
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