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T. Rowe Price Group Inc's account receivable for the three months ended in Sep. 2016 was $447 Mil. T. Rowe Price Group Inc's revenue for the three months ended in Sep. 2016 was $1,093 Mil. Hence, T. Rowe Price Group Inc's days sales outstanding for the three months ended in Sep. 2016 was 37.31.
During the past 13 years, T. Rowe Price Group Inc's highest Days Sales Outstanding was 48.12. The lowest was 30.58. And the median was 42.26.
T. Rowe Price Group Inc's days sales outstanding declined from Sep. 2015 (37.53) to Sep. 2016 (37.31).
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.
T. Rowe Price Group Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as
T. Rowe Price Group Inc's Days Sales Outstanding for the quarter that ended in Sep. 2016 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
T. Rowe Price Group Inc Annual Data
T. Rowe Price Group Inc Quarterly Data