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GuruFocus has detected 5 Warning Signs with Brown-Forman Corp $BF.B.
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Brown-Forman Corp (NYSE:BF.B)
Days Sales Outstanding
73.13 (As of Apr. 2017)

Brown-Forman Corp's account receivable for the three months ended in Apr. 2017 was $557 Mil. Brown-Forman Corp's revenue for the three months ended in Apr. 2017 was $695 Mil. Hence, Brown-Forman Corp's days sales outstanding for the three months ended in Apr. 2017 was 73.13.

BF.B' s Days Sales Outstanding Range Over the Past 10 Years
Min: 53.99   Max: 70.21
Current: 67.9

53.99
70.21

During the past 13 years, Brown-Forman Corp's highest Days Sales Outstanding was 70.21. The lowest was 53.99. And the median was 66.98.

BF.B's Days Sales Outstanding is ranked lower than
68% of the 159 Companies
in the Global Beverages - Wineries & Distilleries industry.

( Industry Median: 38.74 vs. BF.B: 67.90 )

Brown-Forman Corp's days sales outstanding increased from Apr. 2016 (69.97) to Apr. 2017 (73.13).


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.

Brown-Forman Corp's Days Sales Outstanding for the fiscal year that ended in Apr. 2017 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=557/2994*365
=67.90

Brown-Forman Corp's Days Sales Outstanding for the quarter that ended in Apr. 2017 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=557/695*365 / 4
=73.13

* 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

Account Receivable, Revenue


Historical Data

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

Brown-Forman Corp Annual Data

Apr08Apr09Apr10Apr11Apr12Apr13Apr14Apr15Apr16Apr17
DaysSalesOutstanding 64.0453.9961.7969.9963.6770.2169.4467.9066.0567.90

Brown-Forman Corp Quarterly Data

Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17Apr17
DaysSalesOutstanding 70.8271.9965.9277.6871.0669.9769.1672.5669.0073.13
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