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Unit Corp's account receivable for the three months ended in Mar. 2016 was $68.4 Mil. Unit Corp's revenue for the three months ended in Mar. 2016 was $136.2 Mil. Hence, Unit Corp's days sales outstanding for the three months ended in Mar. 2016 was 45.85.
During the past 13 years, Unit Corp's highest Days Sales Outstanding was 62.93. The lowest was 34.16. And the median was 46.99.
Unit Corp's days sales outstanding declined from Mar. 2015 (47.97) to Mar. 2016 (45.85).
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.
Unit Corp's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as
Unit Corp's Days Sales Outstanding for the quarter that ended in Mar. 2016 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.
Unit Corp Annual Data
Unit Corp Quarterly Data