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Steelcase Inc's account receivable for the three months ended in Feb. 2015 was $326 Mil. Steelcase Inc's revenue for the three months ended in Feb. 2015 was $750 Mil. Hence, Steelcase Inc's days sales outstanding for the three months ended in Feb. 2015 was 39.62.
Steelcase Inc's days sales outstanding increased from Feb. 2014 (35.92) to Feb. 2015 (39.62).
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.
Steelcase Inc's Days Sales Outstanding for the fiscal year that ended in Feb. 2015 is calculated as
Steelcase Inc's Days Sales Outstanding for the quarter that ended in Feb. 2015 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Steelcase Inc Annual Data
Steelcase Inc Quarterly Data