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Stewart Enterprises, Inc.'s account receivable for the three months ended in Jul. 2013 was $54.8 Mil. Stewart Enterprises, Inc.'s revenue for the three months ended in Jul. 2013 was $127.1 Mil. Hence, Stewart Enterprises, Inc.'s days sales outstanding for the three months ended in Jul. 2013 was 39.32.
Stewart Enterprises, Inc.'s days sales outstanding increased from Jul. 2012 (35.57) to Jul. 2013 (39.32).
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.
Stewart Enterprises, Inc.'s Days Sales Outstanding for the fiscal year that ended in Oct. 2012 is calculated as
Stewart Enterprises, Inc.'s Days Sales Outstanding for the quarter that ended in Jul. 2013 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.
Stewart Enterprises, Inc. Annual Data
Stewart Enterprises, Inc. Quarterly Data