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Seagate Technology PLC's account receivable for the three months ended in Mar. 2016 was $1,250 Mil. Seagate Technology PLC's revenue for the three months ended in Mar. 2016 was $2,595 Mil. Hence, Seagate Technology PLC's days sales outstanding for the three months ended in Mar. 2016 was 43.95.
During the past 13 years, Seagate Technology PLC's highest Days Sales Outstanding was 57.29. The lowest was 38.45. And the median was 45.41.
Seagate Technology PLC's days sales outstanding declined from Mar. 2015 (48.47) to Mar. 2016 (43.95).
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.
Seagate Technology PLC's Days Sales Outstanding for the fiscal year that ended in Jun. 2015 is calculated as
Seagate Technology PLC'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.
Seagate Technology PLC Annual Data
Seagate Technology PLC Quarterly Data