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Poseidon Concepts Corp (TSX:PSN)
Days Sales Outstanding
278.56 (As of Sep. 2012)

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).

Definition

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

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 53.595 / 78.767 * 365 = 248.35

Poseidon Concepts Corp's Days Sales Outstanding for the quarter that ended in Sep. 2012 is calculated as:

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 125.516 / 41.116 * 365 / 4 = 278.56

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Poseidon Concepts Corp Annual Data

 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 DaysSalesOutstanding 0.00 0.00 0.00 0.00 451.96 121.58 168.24 139.87 635.94 248.35

Poseidon Concepts Corp Quarterly Data

 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 DaysSalesOutstanding 0.00 0.00 0.00 158.33 220.52 152.90 144.59 145.32 197.28 278.56
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