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Resource America Inc (NAS:REXI)
Days Sales Outstanding
60.98 (As of Sep. 2014)

Resource America Inc's account receivable for the three months ended in Sep. 2014 was $33.7 Mil. Resource America Inc's revenue for the three months ended in Sep. 2014 was $50.4 Mil. Hence, Resource America Inc's days sales outstanding for the three months ended in Sep. 2014 was 60.98.

Resource America Inc's days sales outstanding declined from Sep. 2013 (71.34) to Sep. 2014 (60.98).


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.

Resource America Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2013 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=31.464/153.748*365
=74.70

Resource America Inc's Days Sales Outstanding for the quarter that ended in Sep. 2014 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=33.688/50.409*365 / 4
=60.98

* 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.

Resource America Inc Annual Data

Sep04Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Dec13
DaysSalesOutstanding 40.3582.7153.79119.2988.22190.35280.09241.01252.6774.70

Resource America Inc Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
DaysSalesOutstanding 314.14236.53227.4963.8885.4971.3484.6764.9261.8260.98
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