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Ryder System Inc's account receivable for the three months ended in Sep. 2015 was $814 Mil. Ryder System Inc's revenue for the three months ended in Sep. 2015 was $1,669 Mil. Hence, Ryder System Inc's days sales outstanding for the three months ended in Sep. 2015 was 44.51.
Ryder System Inc's days sales outstanding increased from Sep. 2014 (44.43) to Sep. 2015 (44.51).
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.
Ryder System Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as
Ryder System Inc'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.
Ryder System Inc Annual Data
Ryder System Inc Quarterly Data