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Steiner Leisure Ltd's account receivable for the three months ended in Jun. 2014 was $67.5 Mil. Steiner Leisure Ltd's revenue for the three months ended in Jun. 2014 was $209.3 Mil. Hence, Steiner Leisure Ltd's days sales outstanding for the three months ended in Jun. 2014 was 29.36.
Steiner Leisure Ltd's days sales outstanding increased from Jun. 2013 (28.09) to Jun. 2014 (29.36).
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.
Steiner Leisure Ltd's Days Sales Outstanding for the fiscal year that ended in Dec. 2013 is calculated as
Steiner Leisure Ltd's Days Sales Outstanding for the quarter that ended in Jun. 2014 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Steiner Leisure Ltd Annual Data
Steiner Leisure Ltd Quarterly Data