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Apple Inc (NAS:AAPL)
Days Sales Outstanding
25.23 (As of Jun. 2016)

Apple Inc's account receivable for the three months ended in Jun. 2016 was $11,714 Mil. Apple Inc's revenue for the three months ended in Jun. 2016 was $42,358 Mil. Hence, Apple Inc's days sales outstanding for the three months ended in Jun. 2016 was 25.23.

AAPL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 18.1   Max: 34.86
Current: 19.41

18.1
34.86

During the past 13 years, Apple Inc's highest Days Sales Outstanding was 34.86. The lowest was 18.10. And the median was 25.90.

AAPL's Days Sales Outstanding is ranked higher than
93% of the 1846 Companies
in the Global Consumer Electronics industry.

( Industry Median: 72.53 vs. AAPL: 19.41 )

Apple Inc's days sales outstanding increased from Jun. 2015 (19.08) to Jun. 2016 (25.23).


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.

Apple Inc's Days Sales Outstanding for the fiscal year that ended in Sep. 2015 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=16849/233715*365
=26.31

Apple Inc's Days Sales Outstanding for the quarter that ended in Jun. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=11714/42358*365 / 4
=25.23

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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 own currency.

Apple Inc Annual Data

Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15
DaysSalesOutstanding 23.6624.3123.5828.5930.8318.1025.4927.9834.8626.31

Apple Inc Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysSalesOutstanding 19.3926.3037.8220.4417.1519.0829.8515.5822.0725.23
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