# Stock Average Calculator Formula

Stock Average Calculator Formula. In order to illustrate the computation of shares outstanding. Average collection period formula= average accounts receivable balance / average credit sales per day;

According to the balance sheet for the year 2018, the company has 5.0 million authorized common stock and 1.0 million authorized preferred stock, out of which it has issued 3.5 million common stock and 0.7 million preferred stock. The first formula is mostly used for the calculation by investors and other professionals. In the first formula to calculate average collection period, we need the average receivable turnover and we can assume the days in a year as 365.

### In The First Formula To Calculate Average Collection Period, We Need The Average Receivable Turnover And We Can Assume The Days In A Year As 365.

The first formula is mostly used for the calculation by investors and other professionals. In order to illustrate the computation of shares outstanding. Let us consider an example of a company named klx inc.

### Average Collection Period Formula= Average Accounts Receivable Balance / Average Credit Sales Per Day;

According to the balance sheet for the year 2018, the company has 5.0 million authorized common stock and 1.0 million authorized preferred stock, out of which it has issued 3.5 million common stock and 0.7 million preferred stock.