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Xerox Corporation's account receivable for the three months ended in Dec. 2013 was $4,542 Mil. Xerox Corporation's revenue for the three months ended in Dec. 2013 was $5,569 Mil. Hence, Xerox Corporation's days sales outstanding for the three months ended in Dec. 2013 was 74.22.
Xerox Corporation's days sales outstanding declined from Dec. 2012 (76.65) to Dec. 2013 (74.22).
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 Corporation's Days Sales Outstanding for the fiscal year that ended in Dec. 2013 is calculated as
Xerox Corporation's Days Sales Outstanding for the quarter that ended in Dec. 2013 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Xerox Corporation Annual Data
Xerox Corporation Quarterly Data