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Parexel International Corp's account receivable for the three months ended in Jun. 2016 was $506 Mil. Parexel International Corp's revenue for the three months ended in Jun. 2016 was $626 Mil. Hence, Parexel International Corp's days sales outstanding for the three months ended in Jun. 2016 was 73.83.
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 84.65.
Parexel International Corp's days sales outstanding increased from Jun. 2015 (69.45) to Jun. 2016 (73.83).
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. 2016 is calculated as
Parexel International Corp's Days Sales Outstanding for the quarter that ended in Jun. 2016 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.
Parexel International Corp Annual Data
Parexel International Corp Quarterly Data