Switch to:
Medtronic PLC (NYSE:MDT)
Days Sales Outstanding
63.87 (As of Apr. 2015)

Medtronic PLC's account receivable for the three months ended in Apr. 2015 was $5,112 Mil. Medtronic PLC's revenue for the three months ended in Apr. 2015 was $7,304 Mil. Hence, Medtronic PLC's days sales outstanding for the three months ended in Apr. 2015 was 63.87.

Medtronic PLC's days sales outstanding declined from Apr. 2014 (76.18) to Apr. 2015 (63.87).


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 Apr. 2015 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=5112/7304*365 / 4
=63.87

* 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 78.5181.2388.7778.0876.9689.9685.8882.0081.8092.09

Medtronic PLC Quarterly Data

Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14Jan15Apr15
DaysSalesOutstanding 80.0376.2581.0682.5079.3376.1878.8078.3875.4063.87
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