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PetSmart Inc's account receivable for the three months ended in Oct. 2014 was $74 Mil. PetSmart Inc's revenue for the three months ended in Oct. 2014 was $1,739 Mil. Hence, PetSmart Inc's days sales outstanding for the three months ended in Oct. 2014 was 3.87.
PetSmart Inc's days sales outstanding increased from Oct. 2013 (2.83) to Oct. 2014 (3.87).
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.
PetSmart Inc's Days Sales Outstanding for the fiscal year that ended in Jan. 2014 is calculated as
PetSmart Inc's Days Sales Outstanding for the quarter that ended in Oct. 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.
PetSmart Inc Annual Data
PetSmart Inc Quarterly Data