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Sutor Technology Group Ltd (NAS:SUTR)
Days Sales Outstanding
5.70 (As of Dec. 2014)

Sutor Technology Group Ltd's account receivable for the three months ended in Dec. 2014 was \$5.3 Mil. Sutor Technology Group Ltd's revenue for the three months ended in Dec. 2014 was \$85.3 Mil. Hence, Sutor Technology Group Ltd's days sales outstanding for the three months ended in Dec. 2014 was 5.70.

Sutor Technology Group Ltd's days sales outstanding declined from Dec. 2013 (6.84) to Dec. 2014 (5.70).

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.

Sutor Technology Group Ltd's Days Sales Outstanding for the fiscal year that ended in Jun. 2014 is calculated as

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 6.332 / 405.415 * 365 = 5.70

Sutor Technology Group Ltd's Days Sales Outstanding for the quarter that ended in Dec. 2014 is calculated as:

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 5.326 / 85.302 * 365 / 4 = 5.70

* 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

Historical Data

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

Sutor Technology Group Ltd Annual Data

 Dec05 Dec06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 DaysSalesOutstanding 0.00 0.00 17.77 5.47 10.28 8.32 3.36 4.82 4.37 5.70

Sutor Technology Group Ltd Quarterly Data

 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 DaysSalesOutstanding 3.73 2.23 15.84 3.39 6.56 6.84 7.64 13.88 9.46 5.70
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