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TAL Education Group (NYSE:XRS)
Days Sales Outstanding
3.96 (As of Feb. 2016)

TAL Education Group's account receivable for the three months ended in Feb. 2016 was $7.6 Mil. TAL Education Group's revenue for the three months ended in Feb. 2016 was $175.0 Mil. Hence, TAL Education Group's days sales outstanding for the three months ended in Feb. 2016 was 3.96.

XRS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.9   Max: 15.71
Current: 3.71

0.9
15.71

During the past 8 years, TAL Education Group's highest Days Sales Outstanding was 15.71. The lowest was 0.90. And the median was 3.24.

XRS's Days Sales Outstanding is ranked higher than
89% of the 114 Companies
in the Global Education & Training Services industry.

( Industry Median: 31.73 vs. XRS: 3.71 )

TAL Education Group's days sales outstanding declined from Feb. 2015 (13.84) to Feb. 2016 (3.96).


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.

TAL Education Group's Days Sales Outstanding for the fiscal year that ended in Feb. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=7.601/619.949*365
=4.48

TAL Education Group's Days Sales Outstanding for the quarter that ended in Feb. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=7.601/175.049*365 / 4
=3.96

* 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.

TAL Education Group Annual Data

Feb09Feb10Feb11Feb12Feb13Feb14Feb15Feb16
DaysSalesOutstanding 0.000.000.900.001.313.242.9614.9115.714.48

TAL Education Group Quarterly Data

Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16May16
DaysSalesOutstanding 13.4512.128.513.0613.842.760.582.013.963.26
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