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Poseidon Concepts Corp's account receivable for the six months ended in Dec. 2011 was C$53.60 Mil. Poseidon Concepts Corp's revenue for the six months ended in Dec. 2011 was C$78.77 Mil. Hence, Poseidon Concepts Corp's days sales outstanding for the six months ended in Dec. 2011 was 124.18.
Poseidon Concepts Corp's days sales outstanding increased from Dec. 2009 (139.87) to Dec. 2011 (248.35).
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.
Poseidon Concepts Corp's Days Sales Outstanding for the fiscal year that ended in Dec. 2011 is calculated as
Poseidon Concepts Corp's Days Sales Outstanding for the quarter that ended in Dec. 2011 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.
Poseidon Concepts Corp Annual Data
Poseidon Concepts Corp Semi-Annual Data