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Royal Dutch Shell PLC's account receivable for the three months ended in Mar. 2014 was $63,670 Mil. Royal Dutch Shell PLC's revenue for the three months ended in Mar. 2014 was $112,079 Mil. Hence, Royal Dutch Shell PLC's days sales outstanding for the three months ended in Mar. 2014 was 51.70.
Royal Dutch Shell PLC's days sales outstanding declined from Mar. 2013 (52.46) to Mar. 2014 (51.70).
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.
Royal Dutch Shell PLC's Days Sales Outstanding for the fiscal year that ended in Dec. 2013 is calculated as
Royal Dutch Shell PLC's Days Sales Outstanding for the quarter that ended in Mar. 2014 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Royal Dutch Shell PLC Annual Data
Royal Dutch Shell PLC Quarterly Data