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Tiffany & Co's account receivable for the three months ended in Jul. 2014 was $190 Mil. Tiffany & Co's revenue for the three months ended in Jul. 2014 was $993 Mil. Hence, Tiffany & Co's days sales outstanding for the three months ended in Jul. 2014 was 17.49.
Tiffany & Co's days sales outstanding increased from Jul. 2013 (15.94) to Jul. 2014 (17.49).
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 Jul. 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