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Walgreen Co (NYSE:WAG)
Days Sales Outstanding
15.41 (As of Aug. 2014)

Walgreen Co's account receivable for the three months ended in Aug. 2014 was \$3,218 Mil. Walgreen Co's revenue for the three months ended in Aug. 2014 was \$19,057 Mil. Hence, Walgreen Co's days sales outstanding for the three months ended in Aug. 2014 was 15.41.

Walgreen Co's days sales outstanding increased from Aug. 2013 (13.39) to Aug. 2014 (15.41).

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.

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

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 3218 / 76392 * 365 = 15.38

Walgreen Co's Days Sales Outstanding for the quarter that ended in Aug. 2014 is calculated as:

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 3218 / 19057 * 365 / 4 = 15.41

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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 own currency.

Walgreen Co Annual Data

 Aug05 Aug06 Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 DaysSalesOutstanding 12.08 15.88 15.18 15.62 14.38 13.26 12.63 11.04 13.30 15.38

Walgreen Co Quarterly Data

 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 DaysSalesOutstanding 11.79 11.58 11.93 12.14 12.05 13.39 13.58 12.91 14.25 15.41
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