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Rite Aid Corp  (NYSE:RAD) Days Sales Outstanding: 21.90 (As of Aug. 2017)

Rite Aid Corp's Accounts Receivable for the three months ended in Aug. 2017 was $1,843 Mil. Rite Aid Corp's Revenue for the three months ended in Aug. 2017 was $7,679 Mil. Hence, Rite Aid Corp's days sales outstanding for the three months ended in Aug. 2017 was 21.90.

NYSE:RAD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.31   Max: 19.68
Current: 20.97

7.31
19.68

During the past 13 years, Rite Aid Corp's highest Days Sales Outstanding was 19.68. The lowest was 7.31. And the median was 13.58.

NYSE:RAD's Days Sales Outstanding is ranked lower than
60% of the 281 Companies
in the Global industry.

( Industry Median: 14.08 vs. NYSE:RAD: 20.97 )

Rite Aid Corp's days sales outstanding increased from Aug. 2016 (20.78) to Aug. 2017 (21.90).


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Rite Aid Corp Annual Data

Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17
Days Sales Outstanding Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.36 13.57 13.50 19.01 19.68

Rite Aid Corp Quarterly Data

Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17
Days Sales Outstanding Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.78 19.26 18.92 20.89 21.90

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


Calculation

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 Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Rite Aid Corp's Days Sales Outstanding for the fiscal year that ended in Feb. 2017 is calculated as

Days Sales Outstanding=Accounts Receivable/Revenue*Days in Period
=1771.126/32845.073*365
=19.68

Rite Aid Corp's Days Sales Outstanding for the quarter that ended in Aug. 2017 is calculated as:

Days Sales Outstanding=Accounts Receivable/Revenue*Days in Period
=1843.32/7678.903*365 / 4
=21.90

* 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


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