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National Grid PLC (NYSE:NGG)
Days Sales Outstanding
19.39 (As of Mar. 2014)

National Grid PLC's account receivable for the six months ended in Mar. 2014 was $2,886 Mil. National Grid PLC's revenue for the six months ended in Mar. 2014 was $13,548 Mil. Hence, National Grid PLC's days sales outstanding for the six months ended in Mar. 2014 was 19.39.

National Grid PLC's days sales outstanding increased from Mar. 2013 (15.90) to Mar. 2014 (19.39).


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.

National Grid PLC's Days Sales Outstanding for the fiscal year that ended in Mar. 2014 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=2886.09715243/24805.6951424*365
=42.47

National Grid PLC's Days Sales Outstanding for the quarter that ended in Mar. 2014 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=2886.09715243/13547.7386935*91
=19.39

* 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.

National Grid PLC Annual Data

Mar05Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14
DaysSalesOutstanding 173.1860.3151.3972.9565.8759.7530.4625.6836.7842.47

National Grid PLC Semi-Annual Data

Sep09Mar10Sep10Mar11Sep11Mar12Sep12Mar13Sep13Mar14
DaysSalesOutstanding 25.5726.2524.2513.7826.9411.7625.6115.9028.9619.39
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