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Poseidon Concepts Corp's account receivable for the three months ended in Sep. 2012 was C$125.5 Mil. Poseidon Concepts Corp's revenue for the three months ended in Sep. 2012 was C$41.1 Mil. Hence, Poseidon Concepts Corp's days sales outstanding for the three months ended in Sep. 2012 was 278.56.
Poseidon Concepts Corp's days sales outstanding increased from Sep. 2011 (152.90) to Sep. 2012 (278.56).
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 Sep. 2012 is calculated as:
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 Quarterly Data