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Ryder System Inc's account receivable for the three months ended in Mar. 2016 was $823 Mil. Ryder System Inc's revenue for the three months ended in Mar. 2016 was $1,630 Mil. Hence, Ryder System Inc's days sales outstanding for the three months ended in Mar. 2016 was 46.06.
During the past 13 years, Ryder System Inc's highest Days Sales Outstanding was 51.13. The lowest was 37.38. And the median was 41.54.
Ryder System Inc's days sales outstanding increased from Mar. 2015 (45.32) to Mar. 2016 (46.06).
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. 2015 is calculated as
Ryder System 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.
Ryder System Inc Annual Data
Ryder System Inc Quarterly Data