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Sysco Corp's account receivable for the three months ended in Jun. 2015 was $3,353 Mil. Sysco Corp's revenue for the three months ended in Jun. 2015 was $12,402 Mil. Hence, Sysco Corp's days sales outstanding for the three months ended in Jun. 2015 was 24.67.
Sysco Corp's days sales outstanding declined from Jun. 2014 (25.24) to Jun. 2015 (24.67).
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.
Sysco Corp's Days Sales Outstanding for the fiscal year that ended in Jun. 2015 is calculated as
Sysco Corp's Days Sales Outstanding for the quarter that ended in Jun. 2015 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Sysco Corp Annual Data
Sysco Corp Quarterly Data