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River Valley Bancorp's account receivable for the three months ended in Mar. 2014 was $2.11 Mil. River Valley Bancorp's revenue for the three months ended in Mar. 2014 was $4.94 Mil. Hence, River Valley Bancorp's days sales outstanding for the three months ended in Mar. 2014 was 38.85.
River Valley Bancorp's days sales outstanding increased from Mar. 2013 (37.60) to Mar. 2014 (38.85).
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.
River Valley Bancorp's Days Sales Outstanding for the fiscal year that ended in Dec. 2013 is calculated as
River Valley Bancorp's Days Sales Outstanding for the quarter that ended in Mar. 2014 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
River Valley Bancorp Annual Data
River Valley Bancorp Quarterly Data