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University Bancorp Inc's account receivable for the three months ended in Sep. 2008 was $1.10 Mil. University Bancorp Inc's revenue for the three months ended in Sep. 2008 was $3.44 Mil. Hence, University Bancorp Inc's days sales outstanding for the three months ended in Sep. 2008 was 29.03.
University Bancorp Inc's days sales outstanding increased from Sep. 2007 (22.23) to Sep. 2008 (29.03).
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.
University Bancorp Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2007 is calculated as
University Bancorp Inc's Days Sales Outstanding for the quarter that ended in Sep. 2008 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.
University Bancorp Inc Annual Data
University Bancorp Inc Quarterly Data