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Parexel International Corp's account receivable for the three months ended in Mar. 2016 was $558 Mil. Parexel International Corp's revenue for the three months ended in Mar. 2016 was $611 Mil. Hence, Parexel International Corp's days sales outstanding for the three months ended in Mar. 2016 was 83.32.
During the past 13 years, Parexel International Corp's highest Days Sales Outstanding was 149.34. The lowest was 61.59. And the median was 107.45.
Parexel International Corp's days sales outstanding declined from Mar. 2015 (111.73) to Mar. 2016 (83.32).
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.
Parexel International Corp's Days Sales Outstanding for the fiscal year that ended in Jun. 2015 is calculated as
Parexel International Corp's Days Sales Outstanding for the quarter that ended in Mar. 2016 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Parexel International Corp Annual Data
Parexel International Corp Quarterly Data