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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).
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 Apr. 2015 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 PLC Annual Data
Medtronic PLC Quarterly Data