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Spartech Corporation (NYSE:SEH)
Days Sales Outstanding
47.90 (As of Oct. 2012)

Spartech Corporation's account receivable for the three months ended in Oct. 2012 was $151 Mil. Spartech Corporation's revenue for the three months ended in Oct. 2012 was $287 Mil. Hence, Spartech Corporation's days sales outstanding for the three months ended in Oct. 2012 was 47.90.

Spartech Corporation's days sales outstanding declined from Oct. 2011 (48.68) to Oct. 2012 (47.90).


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.

Spartech Corporation's Days Sales Outstanding for the fiscal year that ended in Oct. 2012 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=150.566/1149.355*365
=47.82

Spartech Corporation's Days Sales Outstanding for the quarter that ended in Oct. 2012 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=150.566/286.804*365 / 4
=47.90

* 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.

Spartech Corporation Annual Data

Oct03Oct04Oct05Oct06Oct07Oct08Oct09Oct10Oct11Oct12
DaysSalesOutstanding 57.0961.3155.9249.3253.3545.9551.3448.1451.8047.82

Spartech Corporation Quarterly Data

Jul10Oct10Jan11Apr11Jul11Oct11Jan12Apr12Jul12Oct12
DaysSalesOutstanding 48.6447.4250.1748.2046.0448.6845.3847.0847.4547.90
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