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WGL Holdings Inc (NYSE:WGL)
Days Sales Outstanding
42.65 (As of Mar. 2015)

WGL Holdings Inc's account receivable for the three months ended in Mar. 2015 was $468 Mil. WGL Holdings Inc's revenue for the three months ended in Mar. 2015 was $1,002 Mil. Hence, WGL Holdings Inc's days sales outstanding for the three months ended in Mar. 2015 was 42.65.

WGL Holdings Inc's days sales outstanding declined from Mar. 2014 (43.47) to Mar. 2015 (42.65).


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.

WGL Holdings Inc's Days Sales Outstanding for the fiscal year that ended in Sep. 2014 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=198.912/2780.947*365
=26.11

WGL Holdings Inc's Days Sales Outstanding for the quarter that ended in Mar. 2015 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=468.251/1001.733*365 / 4
=42.65

* 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

Account Receivable, Revenue


Historical Data

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

WGL Holdings Inc Annual Data

Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14
DaysSalesOutstanding 27.1720.9220.2227.7823.2128.0924.9432.9830.9526.11

WGL Holdings Inc Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
DaysSalesOutstanding 45.1541.1647.2246.5551.1143.4755.6439.5539.7342.65
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