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Adobe Systems Inc's account receivable for the three months ended in Aug. 2016 was $731 Mil. Adobe Systems Inc's revenue for the three months ended in Aug. 2016 was $1,464 Mil. Hence, Adobe Systems Inc's days sales outstanding for the three months ended in Aug. 2016 was 45.57.
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 increased from Aug. 2015 (44.48) to Aug. 2016 (45.57).
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 Aug. 2016 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
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