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M&T Bank Corp's account receivable for the three months ended in Jun. 2014 was $5,422 Mil. M&T Bank Corp's revenue for the three months ended in Jun. 2014 was $1,126 Mil. Hence, M&T Bank Corp's days sales outstanding for the three months ended in Jun. 2014 was 438.40.
M&T Bank Corp's days sales outstanding increased from Jun. 2013 (334.11) to Jun. 2014 (438.40).
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.
M&T Bank Corp's Days Sales Outstanding for the fiscal year that ended in Dec. 2013 is calculated as
M&T Bank Corp's Days Sales Outstanding for the quarter that ended in Jun. 2014 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
M&T Bank Corp Annual Data
M&T Bank Corp Quarterly Data