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Office Depot Inc's account receivable for the three months ended in Jun. 2016 was $1,055 Mil. Office Depot Inc's revenue for the three months ended in Jun. 2016 was $3,218 Mil. Hence, Office Depot Inc's days sales outstanding for the three months ended in Jun. 2016 was 29.92.
During the past 13 years, Office Depot Inc's highest Days Sales Outstanding was 43.28. The lowest was 27.41. And the median was 30.93.
Office Depot Inc's days sales outstanding declined from Jun. 2015 (31.09) to Jun. 2016 (29.92).
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.
Office Depot Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as
Office Depot Inc's Days Sales Outstanding for the quarter that ended in Jun. 2016 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.
Office Depot Inc Annual Data
Office Depot Inc Quarterly Data