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Steelcase Inc (NYSE:SCS)
Days Sales Outstanding
39.37 (As of Feb. 2016)

Steelcase Inc's account receivable for the three months ended in Feb. 2016 was $323 Mil. Steelcase Inc's revenue for the three months ended in Feb. 2016 was $748 Mil. Hence, Steelcase Inc's days sales outstanding for the three months ended in Feb. 2016 was 39.37.

SCS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.14   Max: 42.36
Current: 38.49

32.14
42.36

During the past 13 years, Steelcase Inc's highest Days Sales Outstanding was 42.36. The lowest was 32.14. And the median was 38.56.

SCS's Days Sales Outstanding is ranked higher than
87% of the 1361 Companies
in the Global Business Equipment industry.

( Industry Median: 77.64 vs. SCS: 38.49 )

Steelcase Inc's days sales outstanding declined from Feb. 2015 (39.62) to Feb. 2016 (39.37).


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.

Steelcase Inc's Days Sales Outstanding for the fiscal year that ended in Feb. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=322.7/3060*365
=38.49

Steelcase Inc's Days Sales Outstanding for the quarter that ended in Feb. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=322.7/747.9*365 / 4
=39.37

* 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.

Steelcase Inc Annual Data

Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14Feb15Feb16
DaysSalesOutstanding 41.5542.3632.1438.6240.5936.0336.5537.4738.8438.49

Steelcase Inc Quarterly Data

Nov13Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16
DaysSalesOutstanding 41.8535.9240.6540.2340.4939.6242.9041.1040.1639.37
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