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McMoRan Exploration Co.'s account receivable for the three months ended in Mar. 2013 was $57.2 Mil. McMoRan Exploration Co.'s revenue for the three months ended in Mar. 2013 was $81.4 Mil. Hence, McMoRan Exploration Co.'s days sales outstanding for the three months ended in Mar. 2013 was 64.03.
McMoRan Exploration Co.'s days sales outstanding increased from Mar. 2012 (56.90) to Mar. 2013 (64.03).
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.
McMoRan Exploration Co.'s Days Sales Outstanding for the fiscal year that ended in Dec. 2012 is calculated as
McMoRan Exploration Co.'s Days Sales Outstanding for the quarter that ended in Mar. 2013 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.
McMoRan Exploration Co. Annual Data
McMoRan Exploration Co. Quarterly Data