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Avery Dennison Corp's account receivable for the three months ended in Mar. 2015 was $988 Mil. Avery Dennison Corp's revenue for the three months ended in Mar. 2015 was $1,528 Mil. Hence, Avery Dennison Corp's days sales outstanding for the three months ended in Mar. 2015 was 59.00.
Avery Dennison Corp's days sales outstanding declined from Mar. 2014 (63.94) to Mar. 2015 (59.00).
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.
Avery Dennison Corp's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as
Avery Dennison Corp's Days Sales Outstanding for the quarter that ended in Mar. 2015 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Avery Dennison Corp Annual Data
Avery Dennison Corp Quarterly Data