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Zipcar Inc's account receivable for the three months ended in Dec. 2012 was $6.6 Mil. Zipcar Inc's revenue for the three months ended in Dec. 2012 was $70.7 Mil. Hence, Zipcar Inc's days sales outstanding for the three months ended in Dec. 2012 was 8.54.
Zipcar Inc's days sales outstanding declined from Dec. 2011 (10.81) to Dec. 2012 (8.54).
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.
Zipcar Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2012 is calculated as
Zipcar Inc's Days Sales Outstanding for the quarter that ended in Dec. 2012 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Zipcar Inc Annual Data
Zipcar Inc Quarterly Data