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Office Depot Inc's account receivable for the three months ended in Mar. 2015 was $1,201 Mil. Office Depot Inc's revenue for the three months ended in Mar. 2015 was $3,877 Mil. Hence, Office Depot Inc's days sales outstanding for the three months ended in Mar. 2015 was 28.27.
Office Depot Inc's days sales outstanding increased from Mar. 2014 (27.50) to Mar. 2015 (28.27).
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. 2014 is calculated as
Office Depot Inc's Days Sales Outstanding for the quarter that ended in Mar. 2015 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