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PPL Corp's account receivable for the three months ended in Jun. 2014 was $1,776 Mil. PPL Corp's revenue for the three months ended in Jun. 2014 was $2,874 Mil. Hence, PPL Corp's days sales outstanding for the three months ended in Jun. 2014 was 56.23.
PPL Corp's days sales outstanding increased from Jun. 2013 (45.08) to Jun. 2014 (56.23).
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.
PPL Corp's Days Sales Outstanding for the fiscal year that ended in Dec. 2013 is calculated as
PPL 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.
PPL Corp Annual Data
PPL Corp Quarterly Data