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Village Super Market Inc's account receivable for the three months ended in Jan. 2015 was $5 Mil. Village Super Market Inc's revenue for the three months ended in Jan. 2015 was $411 Mil. Hence, Village Super Market Inc's days sales outstanding for the three months ended in Jan. 2015 was 1.16.
Village Super Market Inc's days sales outstanding declined from Jan. 2014 (6.64) to Jan. 2015 (1.16).
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.
Village Super Market Inc's Days Sales Outstanding for the fiscal year that ended in Jul. 2014 is calculated as
Village Super Market Inc's Days Sales Outstanding for the quarter that ended in Jan. 2015 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Village Super Market Inc Annual Data
Village Super Market Inc Quarterly Data