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Symantec Corp's account receivable for the three months ended in Jun. 2014 was $685 Mil. Symantec Corp's revenue for the three months ended in Jun. 2014 was $1,735 Mil. Hence, Symantec Corp's days sales outstanding for the three months ended in Jun. 2014 was 35.93.
Symantec Corp's days sales outstanding declined from Jun. 2013 (39.62) to Jun. 2014 (35.93).
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. 2014 is calculated as
Symantec Corp'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.
Symantec Corp Annual Data
Symantec Corp Quarterly Data