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Procter & Gamble Co's account receivable for the three months ended in Mar. 2016 was $4,591 Mil. Procter & Gamble Co's revenue for the three months ended in Mar. 2016 was $15,755 Mil. Hence, Procter & Gamble Co's days sales outstanding for the three months ended in Mar. 2016 was 26.59.
During the past 13 years, Procter & Gamble Co's highest Days Sales Outstanding was 31.64. The lowest was 23.26. And the median was 27.90.
Procter & Gamble Co's days sales outstanding declined from Mar. 2015 (26.90) to Mar. 2016 (26.59).
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.
Procter & Gamble Co's Days Sales Outstanding for the fiscal year that ended in Jun. 2015 is calculated as
Procter & Gamble Co's Days Sales Outstanding for the quarter that ended in Mar. 2016 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Procter & Gamble Co Annual Data
Procter & Gamble Co Quarterly Data