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PetMed Express Inc (NAS:PETS)
Days Sales Outstanding
2.84 (As of Mar. 2016)

PetMed Express Inc's account receivable for the three months ended in Mar. 2016 was $1.7 Mil. PetMed Express Inc's revenue for the three months ended in Mar. 2016 was $55.4 Mil. Hence, PetMed Express Inc's days sales outstanding for the three months ended in Mar. 2016 was 2.84.

PETS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.31   Max: 4.79
Current: 2.68

2.31
4.79

During the past 13 years, PetMed Express Inc's highest Days Sales Outstanding was 4.79. The lowest was 2.31. And the median was 3.06.

PETS's Days Sales Outstanding is ranked higher than
84% of the 288 Companies
in the Global Pharmaceutical Retailers industry.

( Industry Median: 13.79 vs. PETS: 2.68 )

PetMed Express Inc's days sales outstanding declined from Mar. 2015 (3.52) to Mar. 2016 (2.84).


Definition

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.

PetMed Express Inc's Days Sales Outstanding for the fiscal year that ended in Mar. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=1.724/234.684*365
=2.68

PetMed Express Inc's Days Sales Outstanding for the quarter that ended in Mar. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=1.724/55.392*365 / 4
=2.84

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Related Terms

Account Receivable, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

PetMed Express Inc Annual Data

Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
DaysSalesOutstanding 3.083.054.793.213.132.412.312.753.072.68

PetMed Express Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysSalesOutstanding 3.013.302.013.102.503.523.932.612.452.84
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