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Adept Technology Inc  (NAS:ADEP) Days Sales Outstanding: 69.58 (As of Jun. 2015)

Adept Technology Inc's Accounts Receivable for the three months ended in Jun. 2015 was \$10.59 Mil. Adept Technology Inc's Revenue for the three months ended in Jun. 2015 was \$13.88 Mil. Hence, Adept Technology Inc's days sales outstanding for the three months ended in Jun. 2015 was 69.58.

Adept Technology Inc's days sales outstanding declined from Jun. 2014 (70.22) to Jun. 2015 (69.58).

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Days Sales Outstanding 69.08 65.62 84.58 69.61 71.29

 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Days Sales Outstanding 70.22 70.32 58.99 71.49 69.58

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.

Calculation

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 Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Adept Technology Inc's Days Sales Outstanding for the fiscal year that ended in Jun. 2015 is calculated as

 Days Sales Outstanding = Accounts Receivable / Revenue * Days in Period = 10.585 / 54.195 * 365 = 71.29

Adept Technology Inc's Days Sales Outstanding for the quarter that ended in Jun. 2015 is calculated as:

 Days Sales Outstanding = Accounts Receivable / Revenue * Days in Period = 10.585 / 13.882 * 365 / 4 = 69.58

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Related Terms