Medtronic (WBO:MDT) Days Sales Outstanding

: 68.19 (As of Jan. 2024)

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Medtronic's average Accounts Receivable for the three months ended in Jan. 2024 was €5,549 Mil. Medtronic's Revenue for the three months ended in Jan. 2024 was €7,426 Mil. Hence, Medtronic's Days Sales Outstanding for the three months ended in Jan. 2024 was 68.19.

The historical rank and industry rank for Medtronic's Days Sales Outstanding or its related term are showing as below:

WBO:MDT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 61.25 Med: 68.55 Max: 80.9
Current: 66.84

During the past 13 years, Medtronic's highest Days Sales Outstanding was 80.90. The lowest was 61.25. And the median was 68.55.

WBO:MDT's Days Sales Outstanding is ranked worse than
53.03% of 809 companies
in the Medical Devices & Instruments industry
Industry Median: 63.91 vs WBO:MDT: 66.84

Medtronic's Days Sales Outstanding declined from Jan. 2023 (71.09) to Jan. 2024 (68.19).

Medtronic Days Sales Outstanding Historical Data

The historical data trend for Medtronic's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Medtronic Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Sales Outstanding

69.90

67.31

64.07

60.37

67.99

Medtronic Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Sales Outstanding																71.09	64.01	70.24	65.58	68.19

Competitive Comparison

For the Medical Devices subindustry, Medtronic's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* 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. Note that "N/A" values will not show up in the chart.

Medtronic Days Sales Outstanding Distribution

For the Medical Devices & Instruments industry and Healthcare sector, Medtronic's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Medtronic's Days Sales Outstanding falls into.

Medtronic Days Sales Outstanding Calculation

Days Sales Outstanding measures 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's Days Sales Outstanding for the fiscal year that ended in Apr. 2023 is calculated as

	Days Sales Outstanding (A: Apr. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Apr. 2022 )	+	Accounts Receivable (A: Apr. 2023 ))	/	count )	/	Revenue (A: Apr. 2023 )	*	Days in Period
=	( (5140.226	+	5470.176)	/	2 )	/	28479.024	*	365
=	5305.201					/	28479.024	*	365
=	67.99

Medtronic's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding (Q: Jan. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )	*	Days in Period
=	( (5619.498	+	5478.624)	/	2 )	/	7425.702	*	365 / 4
=	5549.061					/	7425.702	*	365 / 4
=	68.19

Medtronic (WBO:MDT) Days Sales Outstanding Explanation

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

Medtronic Days Sales Outstanding Related Terms

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Medtronic (WBO:MDT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Medtronic PLC (WBO:MDT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

Lower Hatch Street, 20 On Hatch, Dublin, IRL, 2

Website

https://www.medtronic.com

One of the largest medical-device companies, Medtronic develops and manufactures therapeutic medical devices for chronic diseases. Its portfolio includes pacemakers, defibrillators, heart valves, stents, insulin pumps, spinal fixation devices, neurovascular products, advanced energy, and surgical tools. The company markets its products to healthcare institutions and physicians in the United States and overseas. Foreign sales account for roughly 50% of the company's total sales.