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Northern Trust Corp's account receivable for the three months ended in Jun. 2014 was $1,596 Mil. Northern Trust Corp's revenue for the three months ended in Jun. 2014 was $1,082 Mil. Hence, Northern Trust Corp's days sales outstanding for the three months ended in Jun. 2014 was 134.30.
Northern Trust Corp's days sales outstanding increased from Jun. 2013 (132.53) to Jun. 2014 (134.30).
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.
Northern Trust Corp's Days Sales Outstanding for the fiscal year that ended in Dec. 2013 is calculated as
Northern Trust Corp's Days Sales Outstanding for the quarter that ended in Jun. 2014 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.
Northern Trust Corp Annual Data
Northern Trust Corp Quarterly Data