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Xerox Corp's account receivable for the three months ended in Sep. 2015 was $2,612 Mil. Xerox Corp's revenue for the three months ended in Sep. 2015 was $4,333 Mil. Hence, Xerox Corp's days sales outstanding for the three months ended in Sep. 2015 was 55.01.
During the past 13 years, Xerox Corp's highest Days Sales Outstanding was 61.43. The lowest was 40.93. And the median was 46.94.
Xerox Corp's days sales outstanding declined from Sep. 2014 (57.59) to Sep. 2015 (55.01).
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.
Xerox Corp's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as
Xerox Corp's Days Sales Outstanding for the quarter that ended in Sep. 2015 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Xerox Corp Annual Data
Xerox Corp Quarterly Data