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Tiffany & Co's account receivable for the three months ended in Apr. 2016 was $222 Mil. Tiffany & Co's revenue for the three months ended in Apr. 2016 was $891 Mil. Hence, Tiffany & Co's days sales outstanding for the three months ended in Apr. 2016 was 22.68.
During the past 13 years, Tiffany & Co's highest Days Sales Outstanding was 24.09. The lowest was 16.74. And the median was 19.72.
Tiffany & Co's days sales outstanding increased from Apr. 2015 (18.25) to Apr. 2016 (22.68).
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.
Tiffany & Co's Days Sales Outstanding for the fiscal year that ended in Jan. 2016 is calculated as
Tiffany & Co's Days Sales Outstanding for the quarter that ended in Apr. 2016 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