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HP Inc's account receivable for the three months ended in Apr. 2016 was $3,884 Mil. HP Inc's revenue for the three months ended in Apr. 2016 was $11,588 Mil. Hence, HP Inc's days sales outstanding for the three months ended in Apr. 2016 was 30.58.
During the past 13 years, HP Inc's highest Days Sales Outstanding was 53.52. The lowest was 23.81. And the median was 50.68.
HP Inc's days sales outstanding declined from Apr. 2015 (86.63) to Apr. 2016 (30.58).
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.
HP Inc's Days Sales Outstanding for the fiscal year that ended in Oct. 2015 is calculated as
HP Inc's Days Sales Outstanding for the quarter that ended in Apr. 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.
HP Inc Annual Data
HP Inc Quarterly Data