Switch to:
Medtronic PLC  (NYSE:MDT) Days Sales Outstanding: 71.42 (As of Jul. 2017)

Medtronic PLC's Accounts Receivable for the three months ended in Jul. 2017 was $5,784 Mil. Medtronic PLC's Revenue for the three months ended in Jul. 2017 was $7,390 Mil. Hence, Medtronic PLC's days sales outstanding for the three months ended in Jul. 2017 was 71.42.

NYSE:MDT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 68.69   Max: 92.09
Current: 70.53

68.69
92.09

During the past 13 years, Medtronic PLC's highest Days Sales Outstanding was 92.09. The lowest was 68.69. And the median was 81.90.

NYSE:MDT's Days Sales Outstanding is ranked lower than
53% of the 277 Companies
in the Global industry.

( Industry Median: 67.97 vs. NYSE:MDT: 70.53 )

Medtronic PLC's days sales outstanding increased from Jul. 2016 (68.21) to Jul. 2017 (71.42).


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Medtronic PLC Annual Data

Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
Days Sales Outstanding Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 82.00 81.80 92.09 70.41 68.69

Medtronic PLC Quarterly Data

Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17
Days Sales Outstanding Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 68.21 70.33 68.32 64.45 71.42

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


Calculation

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 Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Medtronic PLC's Days Sales Outstanding for the fiscal year that ended in Apr. 2017 is calculated as

Days Sales Outstanding=Accounts Receivable/Revenue*Days in Period
=5591/29710*365
=68.69

Medtronic PLC's Days Sales Outstanding for the quarter that ended in Jul. 2017 is calculated as:

Days Sales Outstanding=Accounts Receivable/Revenue*Days in Period
=5784/7390*365 / 4
=71.42

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Related Terms


Headlines

From the Internet

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK