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Peerless Systems Corporation (NAS:PRLS)
Days Sales Outstanding
166.57 (As of Oct. 2013)

Peerless Systems Corporation's account receivable for the three months ended in Oct. 2013 was $1.68 Mil. Peerless Systems Corporation's revenue for the three months ended in Oct. 2013 was $0.92 Mil. Hence, Peerless Systems Corporation's days sales outstanding for the three months ended in Oct. 2013 was 166.57.

Peerless Systems Corporation's days sales outstanding declined from Oct. 2012 (251.29) to Oct. 2013 (166.57).


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.

Peerless Systems Corporation's Days Sales Outstanding for the fiscal year that ended in Jan. 2013 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=1.577/2.493*365
=230.89

Peerless Systems Corporation's Days Sales Outstanding for the quarter that ended in Oct. 2013 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=1.684/0.92*91
=166.57

* 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.

Peerless Systems Corporation Annual Data

Jan04Jan05Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13
DaysSalesOutstanding 88.8347.2752.0962.9746.57140.97103.18121.31128.80230.89

Peerless Systems Corporation Quarterly Data

Jul11Oct11Jan12Apr12Jul12Oct12Jan13Apr13Jul13Oct13
DaysSalesOutstanding 148.19127.91157.54152.51278.85251.29151.70149.60143.00166.57
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