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Accenture PLC's account receivable for the three months ended in May. 2016 was $4,304 Mil. Accenture PLC's revenue for the three months ended in May. 2016 was $8,969 Mil. Hence, Accenture PLC's days sales outstanding for the three months ended in May. 2016 was 43.78.
During the past 13 years, Accenture PLC's highest Days Sales Outstanding was 65.11. The lowest was 37.76. And the median was 48.58.
Accenture PLC's days sales outstanding increased from May. 2015 (40.99) to May. 2016 (43.78).
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.
Accenture PLC's Days Sales Outstanding for the fiscal year that ended in Aug. 2015 is calculated as
Accenture PLC's Days Sales Outstanding for the quarter that ended in May. 2016 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Accenture PLC Annual Data
Accenture PLC Quarterly Data