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Tribune Company's account receivable for the three months ended in Sep. 2008 was $592 Mil. Tribune Company's revenue for the three months ended in Sep. 2008 was $1,037 Mil. Hence, Tribune Company's days sales outstanding for the three months ended in Sep. 2008 was 51.95.
Tribune Company's days sales outstanding declined from Sep. 2007 (85.32) to Sep. 2008 (51.95).
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.
Tribune Company's Days Sales Outstanding for the fiscal year that ended in Dec. 2007 is calculated as
Tribune Company's Days Sales Outstanding for the quarter that ended in Sep. 2008 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Tribune Company Annual Data
Tribune Company Quarterly Data