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Sysco Corp (NYSE:SYY)
Days Sales Outstanding
26.68 (As of Mar. 2016)

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.

SYY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.45   Max: 27.78
Current: 26.08

24.45
27.78

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.

SYY's Days Sales Outstanding is ranked lower than
64% of the 288 Companies
in the Global Food Distribution industry.

( Industry Median: 13.79 vs. SYY: 26.08 )

Sysco Corp's days sales outstanding declined from Mar. 2015 (27.16) to Mar. 2016 (26.68).


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.

Sysco Corp's Days Sales Outstanding for the fiscal year that ended in Jun. 2015 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=3353.381/48680.752*365
=25.14

Sysco Corp's Days Sales Outstanding for the quarter that ended in Mar. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=3509.438/12002.791*365 / 4
=26.68

* 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.

Sysco Corp Annual Data

Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15
DaysSalesOutstanding 27.7827.2026.4924.4525.6526.9025.5526.1626.6725.14

Sysco Corp Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysSalesOutstanding 26.7128.4025.2426.7426.6527.1624.6725.6525.1826.68
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