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STMicroelectronics NV's account receivable for the three months ended in Jun. 2016 was $886 Mil. STMicroelectronics NV's revenue for the three months ended in Jun. 2016 was $1,703 Mil. Hence, STMicroelectronics NV's days sales outstanding for the three months ended in Jun. 2016 was 47.47.
During the past 13 years, STMicroelectronics NV's highest Days Sales Outstanding was 58.86. The lowest was 39.22. And the median was 44.16.
STMicroelectronics NV's days sales outstanding declined from Jun. 2015 (50.97) to Jun. 2016 (47.47).
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. 2015 is calculated as
STMicroelectronics NV's Days Sales Outstanding for the quarter that ended in Jun. 2016 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.
STMicroelectronics NV Annual Data
STMicroelectronics NV Quarterly Data