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GuruFocus has detected 3 Warning Signs with Cerner Corp $CERN.
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Cerner Corp (NAS:CERN)
Days Sales Outstanding
69.97 (As of Mar. 2017)

Cerner Corp's account receivable for the three months ended in Mar. 2017 was $966 Mil. Cerner Corp's revenue for the three months ended in Mar. 2017 was $1,260 Mil. Hence, Cerner Corp's days sales outstanding for the three months ended in Mar. 2017 was 69.97.

CERN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 66.04   Max: 102.12
Current: 71.72

66.04
102.12

During the past 13 years, Cerner Corp's highest Days Sales Outstanding was 102.12. The lowest was 66.04. And the median was 80.17.

CERN's Days Sales Outstanding is ranked lower than
51% of the 1492 Companies
in the Global Health Information Services industry.

( Industry Median: 68.98 vs. CERN: 71.72 )

Cerner Corp's days sales outstanding declined from Mar. 2016 (72.31) to Mar. 2017 (69.97).


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.

Cerner Corp's Days Sales Outstanding for the fiscal year that ended in Dec. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=915.815/4796.473*365
=69.69

Cerner Corp's Days Sales Outstanding for the quarter that ended in Mar. 2017 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=966.479/1260.486*365 / 4
=69.97

* 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.

Cerner Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysSalesOutstanding 93.91102.12100.7394.0878.2775.0668.6066.0482.0669.69

Cerner Corp Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
DaysSalesOutstanding 60.6681.9177.6781.8977.2572.3170.9173.2266.4469.97
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