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Tiffany & Co.'s account receivable for the three months ended in Jan. 2014 was $189 Mil. Tiffany & Co.'s revenue for the three months ended in Jan. 2014 was $1,298 Mil. Hence, Tiffany & Co.'s days sales outstanding for the three months ended in Jan. 2014 was 13.23.
Tiffany & Co.'s days sales outstanding increased from Jan. 2013 (12.81) to Jan. 2014 (13.23).
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.
Tiffany & Co.'s Days Sales Outstanding for the fiscal year that ended in Jan. 2014 is calculated as
Tiffany & Co.'s Days Sales Outstanding for the quarter that ended in Jan. 2014 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Tiffany & Co. Annual Data
Tiffany & Co. Quarterly Data