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Richardson Electronics Ltd  (NAS:RELL) Days Sales Outstanding: 49.07 (As of Nov. 2017)

Richardson Electronics Ltd's Accounts Receivable for the three months ended in Nov. 2017 was $21.0 Mil. Richardson Electronics Ltd's Revenue for the three months ended in Nov. 2017 was $39.1 Mil. Hence, Richardson Electronics Ltd's days sales outstanding for the three months ended in Nov. 2017 was 49.07.

NAS:RELL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 45.62   Max: 70.33
Current: 52.63

45.62
70.33

During the past 13 years, Richardson Electronics Ltd's highest Days Sales Outstanding was 70.33. The lowest was 45.62. And the median was 54.30.

NAS:RELL's Days Sales Outstanding is ranked higher than
71% of the 1906 Companies
in the Global industry.

( Industry Median: 74.46 vs. NAS:RELL: 52.63 )

Richardson Electronics Ltd's days sales outstanding declined from Nov. 2016 (55.25) to Nov. 2017 (49.07).


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.

Richardson Electronics Ltd Annual Data

May08 May09 May10 May11 May12 May13 May14 May15 May16 May17
Days Sales Outstanding Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.27 48.56 55.31 64.07 55.42

Richardson Electronics Ltd Quarterly Data

Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17
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 55.25 59.98 50.76 47.51 49.07

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.

Richardson Electronics Ltd's Days Sales Outstanding for the fiscal year that ended in May. 2017 is calculated as

Days Sales Outstanding=Accounts Receivable/Revenue*Days in Period
=20.782/136.872*365
=55.42

Richardson Electronics Ltd's Days Sales Outstanding for the quarter that ended in Nov. 2017 is calculated as:

Days Sales Outstanding=Accounts Receivable/Revenue*Days in Period
=21.016/39.082*365 / 4
=49.07

* 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.


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