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Occidental Petroleum Corp's account receivable for the three months ended in Jun. 2014 was $5,826 Mil. Occidental Petroleum Corp's revenue for the three months ended in Jun. 2014 was $6,846 Mil. Hence, Occidental Petroleum Corp's days sales outstanding for the three months ended in Jun. 2014 was 77.44.
Occidental Petroleum Corp's days sales outstanding declined from Jun. 2013 (77.62) to Jun. 2014 (77.44).
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.
Occidental Petroleum Corp's Days Sales Outstanding for the fiscal year that ended in Dec. 2013 is calculated as
Occidental Petroleum 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.
Occidental Petroleum Corp Annual Data
Occidental Petroleum Corp Quarterly Data