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ONEOK Inc's account receivable for the three months ended in Sep. 2015 was $586 Mil. ONEOK Inc's revenue for the three months ended in Sep. 2015 was $1,899 Mil. Hence, ONEOK Inc's days sales outstanding for the three months ended in Sep. 2015 was 28.17.
During the past 13 years, ONEOK Inc's highest Days Sales Outstanding was 56.47. The lowest was 22.31. And the median was 38.86.
ONEOK Inc's days sales outstanding declined from Sep. 2014 (28.41) to Sep. 2015 (28.17).
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.
ONEOK Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as
ONEOK Inc's Days Sales Outstanding for the quarter that ended in Sep. 2015 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
ONEOK Inc Annual Data
ONEOK Inc Quarterly Data