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STMicroelectronics NV's account receivable for the three months ended in Jun. 2015 was $983 Mil. STMicroelectronics NV's revenue for the three months ended in Jun. 2015 was $1,760 Mil. Hence, STMicroelectronics NV's days sales outstanding for the three months ended in Jun. 2015 was 50.97.
STMicroelectronics NV's days sales outstanding declined from Jun. 2014 (53.75) to Jun. 2015 (50.97).
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.
STMicroelectronics NV's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as
STMicroelectronics NV's Days Sales Outstanding for the quarter that ended in Jun. 2015 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
STMicroelectronics NV Annual Data
STMicroelectronics NV Quarterly Data