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Trio-Tech International's account receivable for the three months ended in Mar. 2016 was $8.97 Mil. Trio-Tech International's revenue for the three months ended in Mar. 2016 was $9.36 Mil. Hence, Trio-Tech International's days sales outstanding for the three months ended in Mar. 2016 was 87.49.
During the past 13 years, Trio-Tech International's highest Days Sales Outstanding was 132.75. The lowest was 51.49. And the median was 85.77.
Trio-Tech International's days sales outstanding declined from Mar. 2015 (89.31) to Mar. 2016 (87.49).
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.
Trio-Tech International's Days Sales Outstanding for the fiscal year that ended in Jun. 2015 is calculated as
Trio-Tech International's Days Sales Outstanding for the quarter that ended in Mar. 2016 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
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