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GuruFocus has detected 2 Warning Signs with Finisar Corp $FNSR.
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Finisar Corp (NAS:FNSR)
Days Sales Outstanding
69.52 (As of Apr. 2017)

Finisar Corp's account receivable for the three months ended in Apr. 2017 was $272 Mil. Finisar Corp's revenue for the three months ended in Apr. 2017 was $358 Mil. Hence, Finisar Corp's days sales outstanding for the three months ended in Apr. 2017 was 69.52.

FNSR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50.09   Max: 81.65
Current: 68.6

50.09
81.65

During the past 13 years, Finisar Corp's highest Days Sales Outstanding was 81.65. The lowest was 50.09. And the median was 70.85.

FNSR's Days Sales Outstanding is ranked higher than
51% of the 479 Companies
in the Global Communication Equipment industry.

( Industry Median: 68.86 vs. FNSR: 68.60 )

Finisar Corp's days sales outstanding declined from Apr. 2016 (71.35) to Apr. 2017 (69.52).


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.

Finisar 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
=272.377/1449.303*365
=68.60

Finisar 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
=272.377/357.527*365 / 4
=69.52

* 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.

Finisar Corp Annual Data

Apr08Apr09Apr10Apr11Apr12Apr13Apr14Apr15Apr16Apr17
DaysSalesOutstanding 50.0967.4581.4069.6872.3358.4581.6574.0872.0268.60

Finisar Corp Quarterly Data

Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17Apr17
DaysSalesOutstanding 62.6072.3980.0865.3771.2471.3568.1880.8467.1669.52
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