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Mitcham Industries Inc's account receivable for the three months ended in Apr. 2014 was $30.40 Mil. Mitcham Industries Inc's revenue for the three months ended in Apr. 2014 was $25.73 Mil. Hence, Mitcham Industries Inc's days sales outstanding for the three months ended in Apr. 2014 was 107.50.
Mitcham Industries Inc's days sales outstanding increased from Apr. 2013 (100.21) to Apr. 2014 (107.50).
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.
Mitcham Industries Inc's Days Sales Outstanding for the fiscal year that ended in Jan. 2014 is calculated as
Mitcham Industries Inc's Days Sales Outstanding for the quarter that ended in Apr. 2014 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Mitcham Industries Inc Annual Data
Mitcham Industries Inc Quarterly Data