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Accenture PLC's account receivable for the three months ended in Feb. 2015 was $3,688 Mil. Accenture PLC's revenue for the three months ended in Feb. 2015 was $7,932 Mil. Hence, Accenture PLC's days sales outstanding for the three months ended in Feb. 2015 was 42.43.
Accenture PLC's days sales outstanding declined from Feb. 2014 (64.13) to Feb. 2015 (42.43).
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. 2014 is calculated as
Accenture PLC's Days Sales Outstanding for the quarter that ended in Feb. 2015 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