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Rio Tinto PLC's account receivable for the six months ended in Jun. 2014 was $4,303 Mil. Rio Tinto PLC's revenue for the six months ended in Jun. 2014 was $24,337 Mil. Hence, Rio Tinto PLC's days sales outstanding for the six months ended in Jun. 2014 was 16.09.
Rio Tinto PLC's days sales outstanding declined from Jun. 2013 (21.58) to Jun. 2014 (16.09).
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.
Rio Tinto PLC's Days Sales Outstanding for the fiscal year that ended in Dec. 2013 is calculated as
Rio Tinto PLC's Days Sales Outstanding for the quarter that ended in Jun. 2014 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Rio Tinto PLC Annual Data
Rio Tinto PLC Semi-Annual Data