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Penn Virginia Corp's account receivable for the three months ended in Sep. 2015 was $37.0 Mil. Penn Virginia Corp's revenue for the three months ended in Sep. 2015 was $112.0 Mil. Hence, Penn Virginia Corp's days sales outstanding for the three months ended in Sep. 2015 was 30.16.
Penn Virginia Corp's days sales outstanding declined from Sep. 2014 (43.08) to Sep. 2015 (30.16).
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.
Penn Virginia Corp's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as
Penn Virginia Corp's Days Sales Outstanding for the quarter that ended in Sep. 2015 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Penn Virginia Corp Annual Data
Penn Virginia Corp Quarterly Data