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Quality Systems Inc's account receivable for the three months ended in Mar. 2016 was $94.0 Mil. Quality Systems Inc's revenue for the three months ended in Mar. 2016 was $127.9 Mil. Hence, Quality Systems Inc's days sales outstanding for the three months ended in Mar. 2016 was 67.07.
During the past 13 years, Quality Systems Inc's highest Days Sales Outstanding was 149.88. The lowest was 69.69. And the median was 128.84.
Quality Systems Inc's days sales outstanding declined from Mar. 2015 (76.52) to Mar. 2016 (67.07).
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.
Quality Systems Inc's Days Sales Outstanding for the fiscal year that ended in Mar. 2016 is calculated as
Quality Systems Inc's Days Sales Outstanding for the quarter that ended in Mar. 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.
Quality Systems Inc Annual Data
Quality Systems Inc Quarterly Data