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McDonald's Corp's account receivable for the three months ended in Mar. 2016 was $1,162 Mil. McDonald's Corp's revenue for the three months ended in Mar. 2016 was $5,904 Mil. Hence, McDonald's Corp's days sales outstanding for the three months ended in Mar. 2016 was 17.96.
During the past 13 years, McDonald's Corp's highest Days Sales Outstanding was 18.65. The lowest was 13.64. And the median was 17.08.
McDonald's Corp's days sales outstanding increased from Mar. 2015 (16.72) to Mar. 2016 (17.96).
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.
McDonald's Corp's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as
McDonald's Corp's Days Sales Outstanding for the quarter that ended in Mar. 2016 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
McDonald's Corp Annual Data
McDonald's Corp Quarterly Data