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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 47.77.
Spartech Corporation's days sales outstanding declined from Oct. 2011 (48.54) to Oct. 2012 (47.77).
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
Spartech Corporation's Days Sales Outstanding for the quarter that ended in Oct. 2012 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Spartech Corporation Annual Data
Spartech Corporation Quarterly Data