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Johnson & Johnson's account receivable for the three months ended in Sep. 2015 was $11,366 Mil. Johnson & Johnson's revenue for the three months ended in Sep. 2015 was $17,102 Mil. Hence, Johnson & Johnson's days sales outstanding for the three months ended in Sep. 2015 was 60.64.
Johnson & Johnson's days sales outstanding increased from Sep. 2014 (57.39) to Sep. 2015 (60.64).
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.
Johnson & Johnson's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as
Johnson & Johnson's Days Sales Outstanding for the quarter that ended in Sep. 2015 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Johnson & Johnson Annual Data
Johnson & Johnson Quarterly Data