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Trio-Tech International's account receivable for the three months ended in Mar. 2014 was $9.40 Mil. Trio-Tech International's revenue for the three months ended in Mar. 2014 was $8.04 Mil. Hence, Trio-Tech International's days sales outstanding for the three months ended in Mar. 2014 was 106.35.
Trio-Tech International's days sales outstanding declined from Mar. 2013 (112.16) to Mar. 2014 (106.35).
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.
Trio-Tech International's Days Sales Outstanding for the fiscal year that ended in Jun. 2013 is calculated as
Trio-Tech International's Days Sales Outstanding for the quarter that ended in Mar. 2014 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Trio-Tech International Annual Data
Trio-Tech International Quarterly Data