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GuruFocus has detected 7 Warning Signs with Daktronics Inc $DAKT.
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Daktronics Inc (NAS:DAKT)
Days Sales Outstanding
50.07 (As of Apr. 2017)

Daktronics Inc's account receivable for the three months ended in Apr. 2017 was $78.8 Mil. Daktronics Inc's revenue for the three months ended in Apr. 2017 was $143.7 Mil. Hence, Daktronics Inc's days sales outstanding for the three months ended in Apr. 2017 was 50.07.

DAKT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.6   Max: 61.1
Current: 49.07

38.6
61.1

During the past 13 years, Daktronics Inc's highest Days Sales Outstanding was 61.10. The lowest was 38.60. And the median was 49.36.

DAKT's Days Sales Outstanding is ranked higher than
76% of the 1840 Companies
in the Global Computer Systems industry.

( Industry Median: 73.80 vs. DAKT: 49.07 )

Daktronics Inc's days sales outstanding declined from Apr. 2016 (51.11) to Apr. 2017 (50.07).


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.

Daktronics Inc'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
=78.846/586.539*365
=49.07

Daktronics Inc's Days Sales Outstanding for the quarter that ended in Apr. 2017 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=78.846/143.682*365 / 4
=50.07

* 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.

Daktronics Inc Annual Data

Apr08Apr09Apr10Apr11Apr12Apr13Apr14Apr15Apr16Apr17
DaysSalesOutstanding 61.1038.6041.7951.0549.9044.5254.5547.9149.6549.07

Daktronics Inc Quarterly Data

Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17Apr17
DaysSalesOutstanding 60.6446.6750.2752.6354.1251.1150.1648.5456.4950.07
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