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GuruFocus has detected 3 Warning Signs with Legg Mason Inc $LM.
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Legg Mason Inc (NYSE:LM)
Days Sales Outstanding
54.66 (As of Mar. 2017)

Legg Mason Inc's account receivable for the three months ended in Mar. 2017 was $433 Mil. Legg Mason Inc's revenue for the three months ended in Mar. 2017 was $723 Mil. Hence, Legg Mason Inc's days sales outstanding for the three months ended in Mar. 2017 was 54.66.

LM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 45.76   Max: 130.85
Current: 54.77

45.76
130.85

During the past 13 years, Legg Mason Inc's highest Days Sales Outstanding was 130.85. The lowest was 45.76. And the median was 48.22.

LM's Days Sales Outstanding is ranked lower than
60% of the 513 Companies
in the Global Asset Management industry.

( Industry Median: 40.33 vs. LM: 54.77 )

Legg Mason Inc's days sales outstanding increased from Mar. 2016 (49.33) to Mar. 2017 (54.66).


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.

Legg Mason Inc's Days Sales Outstanding for the fiscal year that ended in Mar. 2017 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=433.192/2886.902*365
=54.77

Legg Mason Inc's Days Sales Outstanding for the quarter that ended in Mar. 2017 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=433.192/723.126*365 / 4
=54.66

* 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.

Legg Mason Inc Annual Data

Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16Mar17
DaysSalesOutstanding 60.24130.8548.3848.0545.7649.0046.4147.7045.9454.77

Legg Mason Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
DaysSalesOutstanding 45.7847.8644.9444.9646.0449.3352.6051.9453.7654.66
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