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Proassurance Corp's account receivable for the three months ended in Mar. 2014 was $204.1 Mil. Proassurance Corp's revenue for the three months ended in Mar. 2014 was $208.1 Mil. Hence, Proassurance Corp's days sales outstanding for the three months ended in Mar. 2014 was 89.27.
Proassurance Corp's days sales outstanding increased from Mar. 2013 (57.13) to Mar. 2014 (89.27).
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.
Proassurance Corp's Days Sales Outstanding for the fiscal year that ended in Dec. 2013 is calculated as
Proassurance Corp's Days Sales Outstanding for the quarter that ended in Mar. 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.
Proassurance Corp Annual Data
Proassurance Corp Quarterly Data