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Xerox Corp's account receivable for the three months ended in Jun. 2016 was $2,209 Mil. Xerox Corp's revenue for the three months ended in Jun. 2016 was $4,385 Mil. Hence, Xerox Corp's days sales outstanding for the three months ended in Jun. 2016 was 45.97.
During the past 13 years, Xerox Corp's highest Days Sales Outstanding was 61.43. The lowest was 43.33. And the median was 46.62.
Xerox Corp's days sales outstanding declined from Jun. 2015 (47.77) to Jun. 2016 (45.97).
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. 2015 is calculated as
Xerox Corp's Days Sales Outstanding for the quarter that ended in Jun. 2016 is calculated as:
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