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3M Co (FRA:MMM)
Days Sales Outstanding
56.07 (As of Mar. 2017)

3M Co's account receivable for the three months ended in Mar. 2017 was €4,415 Mil. 3M Co's revenue for the three months ended in Mar. 2017 was €7,186 Mil. Hence, 3M Co's days sales outstanding for the three months ended in Mar. 2017 was 56.07.

FRA:MMM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 46.15   Max: 56.72
Current: 56.72

46.15
56.72

During the past 13 years, 3M Co's highest Days Sales Outstanding was 56.72. The lowest was 46.15. And the median was 49.83.

FRA:MMM's Days Sales Outstanding is ranked higher than
76% of the 1373 Companies
in the Global Diversified Industrials industry.

( Industry Median: 81.96 vs. FRA:MMM: 56.72 )

3M Co's days sales outstanding increased from Mar. 2016 (55.24) to Mar. 2017 (56.07).

Definition

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.

3M Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2016 is calculated as

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 4163.42781306 / 28542.0418997 * 365 = 53.24

3M Co's Days Sales Outstanding for the quarter that ended in Mar. 2017 is calculated as:

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 4415.14726508 / 7185.60074801 * 365 / 4 = 56.07

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

3M Co Annual Data

 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 DaysSalesOutstanding 50.16 46.15 51.30 49.49 47.67 49.57 50.28 48.61 50.08 53.24

3M Co Quarterly Data

 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 DaysSalesOutstanding 50.10 53.08 54.35 54.55 51.94 55.24 55.58 56.14 54.68 56.07
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