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Adobe Systems Inc's account receivable for the three months ended in Feb. 2016 was $599 Mil. Adobe Systems Inc's revenue for the three months ended in Feb. 2016 was $1,383 Mil. Hence, Adobe Systems Inc's days sales outstanding for the three months ended in Feb. 2016 was 39.53.
During the past 13 years, Adobe Systems Inc's highest Days Sales Outstanding was 54.92. The lowest was 36.77. And the median was 51.16.
Adobe Systems Inc's days sales outstanding declined from Feb. 2015 (43.80) to Feb. 2016 (39.53).
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.
Adobe Systems Inc's Days Sales Outstanding for the fiscal year that ended in Nov. 2015 is calculated as
Adobe Systems Inc's Days Sales Outstanding for the quarter that ended in Feb. 2016 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Adobe Systems Inc Annual Data
Adobe Systems Inc Quarterly Data