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Avery Dennison Corp's account receivable for the three months ended in Mar. 2016 was $1,019 Mil. Avery Dennison Corp's revenue for the three months ended in Mar. 2016 was $1,486 Mil. Hence, Avery Dennison Corp's days sales outstanding for the three months ended in Mar. 2016 was 62.60.
During the past 13 years, Avery Dennison Corp's highest Days Sales Outstanding was 64.45. The lowest was 53.12. And the median was 57.58.
Avery Dennison Corp's days sales outstanding increased from Mar. 2015 (59.00) to Mar. 2016 (62.60).
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. 2015 is calculated as
Avery Dennison Corp's Days Sales Outstanding for the quarter that ended in Mar. 2016 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
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