Switch to:
National Grid PLC (NYSE:NGG)
Days Sales Outstanding
28.96 (As of Sep. 2013)

National Grid PLC's account receivable for the six months ended in Sep. 2013 was $3,444 Mil. National Grid PLC's revenue for the six months ended in Sep. 2013 was $10,823 Mil. Hence, National Grid PLC's days sales outstanding for the six months ended in Sep. 2013 was 28.96.

National Grid PLC's days sales outstanding increased from Sep. 2012 (25.61) to Sep. 2013 (28.96).


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. 2013 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=2215.92649311/21989.280245*365
=36.78

National Grid PLC's Days Sales Outstanding for the quarter that ended in Sep. 2013 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=3444.44444444/10822.8663446*91
=28.96

* 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

Mar04Mar05Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13
DaysSalesOutstanding 0.00173.1860.3151.3972.9565.8759.7556.2925.6836.78

National Grid PLC Semi-Annual Data

Mar09Sep09Mar10Sep10Mar11Sep11Mar12Sep12Mar13Sep13
DaysSalesOutstanding 26.8725.5726.2524.2525.4626.9411.7625.6115.9028.96
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Hide