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Rio Tinto PLC (NYSE:RIO)
Days Sales Outstanding
16.09 (As of Jun. 2014)

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 (22.31) to Jun. 2014 (16.09).


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.

Rio Tinto PLC'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
=4693/51171*365
=33.47

Rio Tinto PLC's Days Sales Outstanding for the quarter that ended in Jun. 2014 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=4303/24337*91
=16.09

* 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.

Rio Tinto PLC Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
DaysSalesOutstanding 79.1648.2946.9178.7037.7844.6540.2236.5438.8833.47

Rio Tinto PLC Semi-Annual Data

Dec09Jun10Dec10Jun11Dec11Jun12Dec12Jun13Dec13Jun14
DaysSalesOutstanding 21.0720.9618.0922.3017.5220.7619.2822.3116.0216.09
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