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PennantPark Floating Rate Capital (NAS:PFLT)
Days Sales Outstanding
119.61 (As of Sep. 2014)

PennantPark Floating Rate Capital's account receivable for the three months ended in Sep. 2014 was $10.78 Mil. PennantPark Floating Rate Capital's revenue for the three months ended in Sep. 2014 was $8.22 Mil. Hence, PennantPark Floating Rate Capital's days sales outstanding for the three months ended in Sep. 2014 was 119.61.

PennantPark Floating Rate Capital's days sales outstanding increased from Sep. 2013 (86.83) to Sep. 2014 (119.61).

Warning Sign:

If a company sales outstanding increases, it means it has difficulty collecting payment from its customers.


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.

PennantPark Floating Rate Capital's Days Sales Outstanding for the fiscal year that ended in Sep. 2014 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=10.776/30.357*365
=129.57

PennantPark Floating Rate Capital's Days Sales Outstanding for the quarter that ended in Sep. 2014 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=10.776/8.221*365 / 4
=119.61

* 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.

PennantPark Floating Rate Capital Annual Data

Sep11Sep12Sep13Sep14
DaysSalesOutstanding 0.000.000.000.000.000.000.0071.65112.20129.57

PennantPark Floating Rate Capital Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
DaysSalesOutstanding 29.1362.1525.0727.13105.5386.83110.2294.1861.86119.61
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