Switch to:
Richardson Electronics Ltd (NAS:RELL)
Days Sales Outstanding
60.89 (As of Feb. 2016)

Richardson Electronics Ltd's account receivable for the three months ended in Feb. 2016 was $20.9 Mil. Richardson Electronics Ltd's revenue for the three months ended in Feb. 2016 was $31.3 Mil. Hence, Richardson Electronics Ltd's days sales outstanding for the three months ended in Feb. 2016 was 60.89.

RELL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.67   Max: 70.33
Current: 55.47

14.67
70.33

During the past 13 years, Richardson Electronics Ltd's highest Days Sales Outstanding was 70.33. The lowest was 14.67. And the median was 53.36.

RELL's Days Sales Outstanding is ranked higher than
67% of the 1865 Companies
in the Global Electronics Distribution industry.

( Industry Median: 70.97 vs. RELL: 55.47 )

Richardson Electronics Ltd's days sales outstanding increased from Feb. 2015 (52.11) to Feb. 2016 (60.89).


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.

Richardson Electronics Ltd's Days Sales Outstanding for the fiscal year that ended in May. 2015 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=20.753/136.957*365
=55.31

Richardson Electronics Ltd's Days Sales Outstanding for the quarter that ended in Feb. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=20.881/31.291*365 / 4
=60.89

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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 own currency.

Richardson Electronics Ltd Annual Data

May06May07May08May09May10May11May12May13May14May15
DaysSalesOutstanding 66.2269.2370.3367.9814.6751.4045.6247.2748.5655.31

Richardson Electronics Ltd Quarterly Data

Nov13Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16
DaysSalesOutstanding 52.0655.5747.3348.6347.5252.1154.1959.0556.3360.89
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK