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Best Buy Co Inc's account receivable for the three months ended in Jul. 2016 was $926 Mil. Best Buy Co Inc's revenue for the three months ended in Jul. 2016 was $8,533 Mil. Hence, Best Buy Co Inc's days sales outstanding for the three months ended in Jul. 2016 was 9.90.
During the past 13 years, Best Buy Co Inc's highest Days Sales Outstanding was 18.37. The lowest was 5.01. And the median was 11.67.
Best Buy Co Inc's days sales outstanding declined from Jul. 2015 (10.97) to Jul. 2016 (9.90).
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.
Best Buy Co Inc's Days Sales Outstanding for the fiscal year that ended in Jan. 2016 is calculated as
Best Buy Co Inc's Days Sales Outstanding for the quarter that ended in Jul. 2016 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Best Buy Co Inc Annual Data
Best Buy Co Inc Quarterly Data