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NGL Energy Partners LP's account receivable for the three months ended in Dec. 2013 was $1,106 Mil. NGL Energy Partners LP's revenue for the three months ended in Dec. 2013 was $2,743 Mil. Hence, NGL Energy Partners LP's days sales outstanding for the three months ended in Dec. 2013 was 36.69.
NGL Energy Partners LP's days sales outstanding declined from Dec. 2012 (40.57) to Dec. 2013 (36.69).
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.
NGL Energy Partners LP's Days Sales Outstanding for the fiscal year that ended in Mar. 2013 is calculated as
NGL Energy Partners LP's Days Sales Outstanding for the quarter that ended in Dec. 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.
NGL Energy Partners LP Annual Data
NGL Energy Partners LP Quarterly Data