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Symantec Corp (NAS:SYMC)
Days Sales Outstanding
58.12 (As of Mar. 2016)

Symantec Corp's account receivable for the three months ended in Mar. 2016 was $556 Mil. Symantec Corp's revenue for the three months ended in Mar. 2016 was $873 Mil. Hence, Symantec Corp's days sales outstanding for the three months ended in Mar. 2016 was 58.12.

SYMC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 39.26   Max: 59.73
Current: 42.46

39.26
59.73

During the past 13 years, Symantec Corp's highest Days Sales Outstanding was 59.73. The lowest was 39.26. And the median was 52.05.

SYMC's Days Sales Outstanding is ranked higher than
78% of the 1498 Companies
in the Global Software - Application industry.

( Industry Median: 68.50 vs. SYMC: 42.46 )

Symantec Corp's days sales outstanding declined from Mar. 2015 (71.05) to Mar. 2016 (58.12).


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.

Symantec Corp's Days Sales Outstanding for the fiscal year that ended in Mar. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=556/3600*365
=56.37

Symantec Corp's Days Sales Outstanding for the quarter that ended in Mar. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=556/873*365 / 4
=58.12

* 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.

Symantec Corp Annual Data

Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
DaysSalesOutstanding 46.8247.1149.6852.2059.7351.9054.4955.0639.2656.37

Symantec Corp Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysSalesOutstanding 47.740.0036.0340.7492.3871.0536.7744.9549.1958.12
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