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Medtronic Inc's account receivable for the three months ended in Oct. 2014 was $3,750 Mil. Medtronic Inc's revenue for the three months ended in Oct. 2014 was $4,366 Mil. Hence, Medtronic Inc's days sales outstanding for the three months ended in Oct. 2014 was 78.38.
Medtronic Inc's days sales outstanding declined from Oct. 2013 (82.50) to Oct. 2014 (78.38).
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
Medtronic Inc's Days Sales Outstanding for the quarter that ended in Oct. 2014 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Medtronic Inc Annual Data
Medtronic Inc Quarterly Data