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Toro Co (NYSE:TTC)
Days Sales Outstanding
30.73 (As of Jul. 2016)

Toro Co's account receivable for the three months ended in Jul. 2016 was $202 Mil. Toro Co's revenue for the three months ended in Jul. 2016 was $601 Mil. Hence, Toro Co's days sales outstanding for the three months ended in Jul. 2016 was 30.73.

TTC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 25.45   Max: 59.98
Current: 30.72

25.45
59.98

During the past 13 years, Toro Co's highest Days Sales Outstanding was 59.98. The lowest was 25.45. And the median was 29.99.

TTC's Days Sales Outstanding is ranked higher than
92% of the 1366 Companies
in the Global Tools & Accessories industry.

( Industry Median: 80.02 vs. TTC: 30.72 )

Toro Co's days sales outstanding declined from Jul. 2015 (34.10) to Jul. 2016 (30.73).


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.

Toro Co's Days Sales Outstanding for the fiscal year that ended in Oct. 2014 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=151.479/2172.691*365
=25.45

Toro Co's Days Sales Outstanding for the quarter that ended in Jul. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=202.389/600.98*365 / 4
=30.73

* 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

Account Receivable, Revenue


Historical Data

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

Toro Co Annual Data

Oct05Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14
DaysSalesOutstanding 59.9858.6153.1947.8332.2627.7227.5926.8826.3725.45

Toro Co Quarterly Data

Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16
DaysSalesOutstanding 38.4034.6633.3839.5038.8334.1032.4935.7035.9830.73
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