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Altera Corp  (NAS:ALTR) Days Sales Outstanding: 101.42 (As of Sep. 2015)

Altera Corp's Accounts Receivable for the three months ended in Sep. 2015 was \$444 Mil. Altera Corp's Revenue for the three months ended in Sep. 2015 was \$400 Mil. Hence, Altera Corp's days sales outstanding for the three months ended in Sep. 2015 was 101.42.

Altera Corp's days sales outstanding increased from Sep. 2014 (74.28) to Sep. 2015 (101.42).

Historical Data

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

Altera Corp Annual Data

 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Days Sales Outstanding 67.91 41.07 66.27 101.76 71.40

Altera Corp Quarterly Data

 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Days Sales Outstanding 74.28 71.87 90.87 93.51 101.42

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.

Altera Corp's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as

 Days Sales Outstanding = Accounts Receivable / Revenue * Days in Period = 377.964 / 1932.089 * 365 = 71.40

Altera Corp's Days Sales Outstanding for the quarter that ended in Sep. 2015 is calculated as:

 Days Sales Outstanding = Accounts Receivable / Revenue * Days in Period = 444.107 / 399.567 * 365 / 4 = 101.42

* 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.

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