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MOD-PAC Corporation's account receivable for the three months ended in Jun. 2013 was $6.29 Mil. MOD-PAC Corporation's revenue for the three months ended in Jun. 2013 was $14.29 Mil. Hence, MOD-PAC Corporation's days sales outstanding for the three months ended in Jun. 2013 was 40.04.
MOD-PAC Corporation's days sales outstanding declined from Jun. 2012 (40.13) to Jun. 2013 (40.04).
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.
MOD-PAC Corporation's Days Sales Outstanding for the fiscal year that ended in Dec. 2012 is calculated as
MOD-PAC Corporation's Days Sales Outstanding for the quarter that ended in Jun. 2013 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
MOD-PAC Corporation Annual Data
MOD-PAC Corporation Quarterly Data