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St Jude Medical Inc's account receivable for the three months ended in Mar. 2016 was $1,260 Mil. St Jude Medical Inc's revenue for the three months ended in Mar. 2016 was $1,448 Mil. Hence, St Jude Medical Inc's days sales outstanding for the three months ended in Mar. 2016 was 79.40.
During the past 13 years, St Jude Medical Inc's highest Days Sales Outstanding was 98.89. The lowest was 78.88. And the median was 91.70.
St Jude Medical Inc's days sales outstanding declined from Mar. 2015 (81.01) to Mar. 2016 (79.40).
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.
St Jude Medical Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as
St Jude Medical Inc'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.
St Jude Medical Inc Annual Data
St Jude Medical Inc Quarterly Data