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Symantec Corp (NAS:SYMC)
Days Sales Outstanding
35.93 (As of Jun. 2014)

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).


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. 2014 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=1007/6676*365
=55.06

Symantec Corp's Days Sales Outstanding for the quarter that ended in Jun. 2014 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=685/1735*91
=35.93

* 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

Mar05Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14
DaysSalesOutstanding 40.3259.1046.8247.1149.6852.2059.7350.9854.4955.06

Symantec Corp Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
DaysSalesOutstanding 50.8934.2139.3754.9353.6739.6231.8547.6156.3935.93
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