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Titanium Metals Corporation (NYSE:TIE)
Days Sales Outstanding
60.49 (As of Sep. 2012)

Titanium Metals Corporation's account receivable for the six months ended in Sep. 2012 was $171 Mil. Titanium Metals Corporation's revenue for the six months ended in Sep. 2012 was $258 Mil. Hence, Titanium Metals Corporation's days sales outstanding for the six months ended in Sep. 2012 was 60.49.

Titanium Metals Corporation's days sales outstanding declined from Mar. 2012 (63.97) to Sep. 2012 (60.49).


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.

Titanium Metals Corporation's Days Sales Outstanding for the fiscal year that ended in Dec. 2011 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=183.9/1045.2*365
=64.22

Titanium Metals Corporation's Days Sales Outstanding for the quarter that ended in Sep. 2012 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=171.3/257.7*91
=60.49

* 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.

Titanium Metals Corporation Annual Data

Dec02Dec03Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11
DaysSalesOutstanding 68.5163.8870.3769.5765.7159.9146.8259.8964.1764.22

Titanium Metals Corporation Semi-Annual Data

Jun10Sep10Dec10Mar11Jun11Sep11Dec11Mar12Jun12Sep12
DaysSalesOutstanding 87.4484.8663.1162.7664.6771.2464.7163.9764.2260.49
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