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GuruFocus has detected 7 Warning Signs with Symantec Corp $SYMC.
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Symantec Corp (NAS:SYMC)
Days Sales Outstanding
48.82 (As of Dec. 2016)

Symantec Corp's account receivable for the three months ended in Dec. 2016 was $557 Mil. Symantec Corp's revenue for the three months ended in Dec. 2016 was $1,041 Mil. Hence, Symantec Corp's days sales outstanding for the three months ended in Dec. 2016 was 48.82.

SYMC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 46.82   Max: 87.87
Current: 53.83

46.82
87.87

During the past 13 years, Symantec Corp's highest Days Sales Outstanding was 87.87. The lowest was 46.82. And the median was 53.35.

SYMC's Days Sales Outstanding is ranked higher than
65% of the 1319 Companies
in the Global Software - Application industry.

( Industry Median: 68.13 vs. SYMC: 53.83 )

Symantec Corp's days sales outstanding declined from Dec. 2015 (49.19) to Dec. 2016 (48.82).


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 Dec. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=557/1041*365 / 4
=48.82

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Symantec Corp Annual Data

Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
DaysSalesOutstanding 46.8247.1149.6852.2059.7351.9054.4987.8764.5956.37

Symantec Corp Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysSalesOutstanding 40.7492.3871.0560.4374.3349.1958.1232.4142.7848.82
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