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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.
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.
Medtronic PLC's days sales outstanding declined from Jan. 2015 (75.40) to Jan. 2016 (64.00).
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
Medtronic PLC's Days Sales Outstanding for the quarter that ended in Jan. 2016 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Medtronic PLC Annual Data
Medtronic PLC Quarterly Data