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Sysco Corp's account receivable for the three months ended in Mar. 2016 was $3,509 Mil. Sysco Corp's revenue for the three months ended in Mar. 2016 was $12,003 Mil. Hence, Sysco Corp's days sales outstanding for the three months ended in Mar. 2016 was 26.68.
During the past 13 years, Sysco Corp's highest Days Sales Outstanding was 27.78. The lowest was 24.45. And the median was 26.33.
Sysco Corp's days sales outstanding declined from Mar. 2015 (27.16) to Mar. 2016 (26.68).
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 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.
Sysco Corp Annual Data
Sysco Corp Quarterly Data