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GuruFocus has detected 8 Warning Signs with PennantPark Floating Rate Capital Ltd $PFLT.
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PennantPark Floating Rate Capital Ltd (NAS:PFLT)
Days Sales Outstanding
104.36 (As of Dec. 2016)

PennantPark Floating Rate Capital Ltd's account receivable for the three months ended in Dec. 2016 was $14.45 Mil. PennantPark Floating Rate Capital Ltd's revenue for the three months ended in Dec. 2016 was $12.63 Mil. Hence, PennantPark Floating Rate Capital Ltd's days sales outstanding for the three months ended in Dec. 2016 was 104.36.

PFLT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.55   Max: 129.57
Current: 105.09

19.55
129.57

During the past 6 years, PennantPark Floating Rate Capital Ltd's highest Days Sales Outstanding was 129.57. The lowest was 19.55. And the median was 71.65.

PFLT's Days Sales Outstanding is ranked lower than
78% of the 486 Companies
in the Global Asset Management industry.

( Industry Median: 40.24 vs. PFLT: 105.09 )

PennantPark Floating Rate Capital Ltd's days sales outstanding increased from Dec. 2015 (23.70) to Dec. 2016 (104.36).


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 Ltd's Days Sales Outstanding for the fiscal year that ended in Sep. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=2.48/46.301*365
=19.55

PennantPark Floating Rate Capital Ltd's Days Sales Outstanding for the quarter that ended in Dec. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=14.446/12.631*365 / 4
=104.36

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

PennantPark Floating Rate Capital Ltd Annual Data

Sep11Sep12Sep13Sep14Sep15Sep16
DaysSalesOutstanding 0.000.000.000.000.0071.65112.20129.5723.5619.55

PennantPark Floating Rate Capital Ltd Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysSalesOutstanding 119.6126.4096.4238.3722.9423.7017.6027.0514.70104.36
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