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Rite Aid Corp (NYSE:RAD)
Days Sales Outstanding
19.26 (As of Nov. 2016)

Rite Aid Corp's account receivable for the three months ended in Nov. 2016 was $1,708 Mil. Rite Aid Corp's revenue for the three months ended in Nov. 2016 was $8,090 Mil. Hence, Rite Aid Corp's days sales outstanding for the three months ended in Nov. 2016 was 19.26.

RAD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.31   Max: 19.13
Current: 19.13

7.31
19.13

During the past 13 years, Rite Aid Corp's highest Days Sales Outstanding was 19.13. The lowest was 7.31. And the median was 13.54.

RAD's Days Sales Outstanding is ranked lower than
56% of the 273 Companies
in the Global Pharmaceutical Retailers industry.

( Industry Median: 15.31 vs. RAD: 19.13 )

Rite Aid Corp's days sales outstanding increased from Nov. 2015 (17.41) to Nov. 2016 (19.26).


Definition

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.

Rite Aid Corp's Days Sales Outstanding for the fiscal year that ended in Feb. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=1601.008/30736.657*365
=19.01

Rite Aid Corp's Days Sales Outstanding for the quarter that ended in Nov. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=1707.648/8089.726*365 / 4
=19.26

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Related Terms

Account Receivable, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Rite Aid Corp Annual Data

Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14Feb15Feb16
DaysSalesOutstanding 7.869.997.3113.5913.9914.1613.3613.5713.5019.01

Rite Aid Corp Quarterly Data

Aug14Nov14Feb15May15Aug15Nov15Feb16May16Aug16Nov16
DaysSalesOutstanding 13.3613.5913.0713.3122.3017.4117.6718.7220.7819.26
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