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IBI Group Inc's account receivable for the three months ended in Mar. 2016 was C$104.2 Mil. IBI Group Inc's revenue for the three months ended in Mar. 2016 was C$88.6 Mil. Hence, IBI Group Inc's days sales outstanding for the three months ended in Mar. 2016 was 107.28.
During the past 12 years, IBI Group Inc's highest Days Sales Outstanding was 166.55. The lowest was 119.16. And the median was 140.43.
IBI Group Inc's days sales outstanding declined from Mar. 2015 (130.41) to Mar. 2016 (107.28).
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.
IBI Group Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as
IBI Group Inc'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.
IBI Group Inc Annual Data
IBI Group Inc Quarterly Data