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Norfolk Southern Corp's account receivable for the three months ended in Jun. 2014 was $1,122 Mil. Norfolk Southern Corp's revenue for the three months ended in Jun. 2014 was $3,042 Mil. Hence, Norfolk Southern Corp's days sales outstanding for the three months ended in Jun. 2014 was 33.56.
Norfolk Southern Corp's days sales outstanding declined from Jun. 2013 (34.82) to Jun. 2014 (33.56).
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.
Norfolk Southern Corp's Days Sales Outstanding for the fiscal year that ended in Dec. 2013 is calculated as
Norfolk Southern 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.
Norfolk Southern Corp Annual Data
Norfolk Southern Corp Quarterly Data