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TE Connectivity Ltd's account receivable for the three months ended in Mar. 2016 was $2,095 Mil. TE Connectivity Ltd's revenue for the three months ended in Mar. 2016 was $2,952 Mil. Hence, TE Connectivity Ltd's days sales outstanding for the three months ended in Mar. 2016 was 64.76.
During the past 13 years, TE Connectivity Ltd's highest Days Sales Outstanding was 74.44. The lowest was 62.02. And the median was 67.88.
TE Connectivity Ltd's days sales outstanding increased from Mar. 2015 (62.00) to Mar. 2016 (64.76).
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.
TE Connectivity Ltd's Days Sales Outstanding for the fiscal year that ended in Sep. 2015 is calculated as
TE Connectivity Ltd'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.
TE Connectivity Ltd Annual Data
TE Connectivity Ltd Quarterly Data