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Medtronic Inc (NYSE:MDT)
Days Sales Outstanding
75.97 (As of Apr. 2014)

Medtronic Inc's account receivable for the three months ended in Apr. 2014 was $3,811 Mil. Medtronic Inc's revenue for the three months ended in Apr. 2014 was $4,565 Mil. Hence, Medtronic Inc's days sales outstanding for the three months ended in Apr. 2014 was 75.97.

Medtronic Inc's days sales outstanding declined from Apr. 2013 (76.04) to Apr. 2014 (75.97).


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 Inc's Days Sales Outstanding for the fiscal year that ended in Apr. 2014 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=3811/17005*365
=81.80

Medtronic Inc's Days Sales Outstanding for the quarter that ended in Apr. 2014 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=3811/4565*91
=75.97

* 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 Inc Annual Data

Apr05Apr06Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14
DaysSalesOutstanding 83.2478.5181.2390.7478.0876.9689.9685.8882.0081.80

Medtronic Inc Quarterly Data

Jan12Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14
DaysSalesOutstanding 85.1280.6478.2980.2779.8176.0480.8482.2879.1175.97
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