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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.
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.
Symantec Corp's days sales outstanding declined from Mar. 2015 (71.05) to Mar. 2016 (58.12).
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
Symantec Corp's Days Sales Outstanding for the quarter that ended in Mar. 2016 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