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Resource America Inc (NAS:REXI)
Days Sales Outstanding
89.35 (As of Jun. 2016)

Resource America Inc's account receivable for the three months ended in Jun. 2016 was \$25.59 Mil. Resource America Inc's revenue for the three months ended in Jun. 2016 was \$26.14 Mil. Hence, Resource America Inc's days sales outstanding for the three months ended in Jun. 2016 was 89.35.

Resource America Inc's days sales outstanding declined from Jun. 2015 (92.24) to Jun. 2016 (89.35).

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. 2015 is calculated as

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 29.895 / 99.855 * 365 = 109.28

Resource America Inc's Days Sales Outstanding for the quarter that ended in Jun. 2016 is calculated as:

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 25.594 / 26.139 * 365 / 4 = 89.35

* 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

Historical Data

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

Resource America Inc Annual Data

 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Dec13 Dec14 Dec15 DaysSalesOutstanding 53.79 119.29 88.22 191.46 280.09 118.29 81.10 149.98 148.76 109.28

Resource America Inc Quarterly Data

 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 DaysSalesOutstanding 75.11 77.57 74.07 0.00 105.27 92.24 58.68 0.00 89.64 89.35
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