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Qualcomm Inc's account receivable for the three months ended in Dec. 2015 was $1,323 Mil. Qualcomm Inc's revenue for the three months ended in Dec. 2015 was $5,775 Mil. Hence, Qualcomm Inc's days sales outstanding for the three months ended in Dec. 2015 was 20.90.
During the past 13 years, Qualcomm Inc's highest Days Sales Outstanding was 132.28. The lowest was 24.23. And the median was 28.89.
Qualcomm Inc's days sales outstanding declined from Dec. 2014 (28.78) to Dec. 2015 (20.90).
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.
Qualcomm Inc's Days Sales Outstanding for the fiscal year that ended in Sep. 2015 is calculated as
Qualcomm Inc's Days Sales Outstanding for the quarter that ended in Dec. 2015 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Qualcomm Inc Annual Data
Qualcomm Inc Quarterly Data