Switch to:
GuruFocus has detected 3 Warning Signs with TechnipFMC PLC $FTI.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
TechnipFMC PLC (NYSE:FTI)
Days Sales Outstanding
65.54 (As of Mar. 2017)

TechnipFMC PLC's account receivable for the three months ended in Mar. 2017 was $2,435 Mil. TechnipFMC PLC's revenue for the three months ended in Mar. 2017 was $3,391 Mil. Hence, TechnipFMC PLC's days sales outstanding for the three months ended in Mar. 2017 was 65.54.

FTI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.76   Max: 99.68
Current: 75.38

30.76
99.68

During the past 13 years, TechnipFMC PLC's highest Days Sales Outstanding was 99.68. The lowest was 30.76. And the median was 60.61.

FTI's Days Sales Outstanding is ranked higher than
58% of the 216 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 83.71 vs. FTI: 75.38 )

TechnipFMC PLC's days sales outstanding declined from Dec. 2015 (122.04) to Mar. 2017 (65.54).


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.

TechnipFMC PLC's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=1817.21132898/11261.328976*365
=58.90

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

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=2435.35614973/3390.8631016*365 / 4
=65.54

* 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.

TechnipFMC PLC Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysSalesOutstanding 30.7657.4754.8176.6899.6867.7155.9372.8762.3258.90

TechnipFMC PLC Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Mar17
DaysSalesOutstanding 0.0072.480.000.000.00122.040.000.000.0065.54
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK