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Symantec Corp (NAS:SYMC)
Days Sales Outstanding
32.41 (As of Jun. 2016)

Symantec Corp's account receivable for the three months ended in Jun. 2016 was $314 Mil. Symantec Corp's revenue for the three months ended in Jun. 2016 was $884 Mil. Hence, Symantec Corp's days sales outstanding for the three months ended in Jun. 2016 was 32.41.

SYMC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.52   Max: 87.87
Current: 27.52

27.52
87.87

During the past 13 years, Symantec Corp's highest Days Sales Outstanding was 87.87. The lowest was 27.52. And the median was 53.35.

SYMC's Days Sales Outstanding is ranked higher than
89% of the 1452 Companies
in the Global Software - Application industry.

( Industry Median: 67.71 vs. SYMC: 27.52 )

Symantec Corp's days sales outstanding declined from Jun. 2015 (60.43) to Jun. 2016 (32.41).


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 Jun. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=314/884*365 / 4
=32.41

* 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 46.8247.1149.6852.2059.7351.9054.4987.8764.5956.37

Symantec Corp Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysSalesOutstanding 0.0036.0340.7492.3871.0560.4344.9549.1958.1232.41
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