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Streamline Health Solutions Inc (NAS:STRM)
Days Sales Outstanding
120.42 (As of Apr. 2014)

Streamline Health Solutions Inc's account receivable for the three months ended in Apr. 2014 was $9.20 Mil. Streamline Health Solutions Inc's revenue for the three months ended in Apr. 2014 was $6.95 Mil. Hence, Streamline Health Solutions Inc's days sales outstanding for the three months ended in Apr. 2014 was 120.42.

Streamline Health Solutions Inc's days sales outstanding declined from Apr. 2013 (142.69) to Apr. 2014 (120.42).

Warning Sign:

If a company sales outstanding increases, it means it has difficulty collecting payment from its customers.


Definition

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.

Streamline Health Solutions Inc's Days Sales Outstanding for the fiscal year that ended in Jan. 2014 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=9.181/28.495*365
=117.60

Streamline Health Solutions Inc's Days Sales Outstanding for the quarter that ended in Apr. 2014 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=9.198/6.951*91
=120.42

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Related Terms

Account Receivable, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Streamline Health Solutions Inc Annual Data

Jan05Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14
DaysSalesOutstanding 94.6399.2783.71102.8541.0462.2468.43104.81156.14117.60

Streamline Health Solutions Inc Quarterly Data

Jan12Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14
DaysSalesOutstanding 99.0053.0545.5856.24137.31142.69130.11111.83128.22120.42
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