Switch to:
Medtronic PLC (NYSE:MDT)
Days Sales Outstanding
64.00 (As of Jan. 2016)

Medtronic PLC's account receivable for the three months ended in Jan. 2016 was $4,863 Mil. Medtronic PLC's revenue for the three months ended in Jan. 2016 was $6,934 Mil. Hence, Medtronic PLC's days sales outstanding for the three months ended in Jan. 2016 was 64.00.

MDT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 76.96   Max: 92.09
Current: 62.13

76.96
92.09

During the past 13 years, Medtronic PLC's highest Days Sales Outstanding was 92.09. The lowest was 76.96. And the median was 81.90.

MDT's Days Sales Outstanding is ranked higher than
60% of the 273 Companies
in the Global Medical Devices industry.

( Industry Median: 70.17 vs. MDT: 62.13 )

Medtronic PLC's days sales outstanding declined from Jan. 2015 (75.40) to Jan. 2016 (64.00).


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.

Medtronic PLC's Days Sales Outstanding for the fiscal year that ended in Apr. 2015 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=5112/20261*365
=92.09

Medtronic PLC's Days Sales Outstanding for the quarter that ended in Jan. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=4863/6934*365 / 4
=64.00

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

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


Related Terms

Account Receivable, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Medtronic PLC Annual Data

Apr06Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14Apr15
DaysSalesOutstanding 78.5181.2388.7778.0876.9687.5685.8882.0081.8092.09

Medtronic PLC Quarterly Data

Oct13Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16
DaysSalesOutstanding 82.5079.3376.1878.8078.3875.4063.8760.3565.2164.00
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership

FEEDBACK