Medtronic Days Sales Outstanding from 2010 to 2024

MDT Stock  USD 86.21  1.47  1.73%   
Medtronic PLC Days Sales Outstanding yearly trend continues to be comparatively stable with very little volatility. Days Sales Outstanding will likely drop to 66.20 in 2024. From the period from 2010 to 2024, Medtronic PLC Days Sales Outstanding quarterly data regression had r-value of (0.65) and coefficient of variation of  19.90. View All Fundamentals
 
Days Sales Outstanding  
First Reported
2010-12-31
Previous Quarter
69.1113583
Current Value
66.19616828
Quarterly Volatility
14.54166315
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Medtronic PLC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Medtronic PLC's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.8 B, Interest Expense of 755 M or Total Revenue of 34 B, as well as many indicators such as Price To Sales Ratio of 5.85, Dividend Yield of 0.0177 or PTB Ratio of 3.42. Medtronic financial statements analysis is a perfect complement when working with Medtronic PLC Valuation or Volatility modules.
  
Check out the analysis of Medtronic PLC Correlation against competitors.
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Latest Medtronic PLC's Days Sales Outstanding Growth Pattern

Below is the plot of the Days Sales Outstanding of Medtronic PLC over the last few years. It is Medtronic PLC's Days Sales Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Medtronic PLC's overall financial position and show how it may be relating to other accounts over time.
Days Sales Outstanding10 Years Trend
Slightly volatile
   Days Sales Outstanding   
       Timeline  

Medtronic Days Sales Outstanding Regression Statistics

Arithmetic Mean73.09
Geometric Mean71.79
Coefficient Of Variation19.90
Mean Deviation12.67
Median69.11
Standard Deviation14.54
Sample Variance211.46
Range33.4533
R-Value(0.65)
Mean Square Error130.49
R-Squared0.43
Significance0.01
Slope(2.12)
Total Sum of Squares2,960

Medtronic Days Sales Outstanding History

2024 66.2
2020 69.11
2015 58.64

About Medtronic PLC Financial Statements

Medtronic PLC shareholders use historical fundamental indicators, such as Days Sales Outstanding, to determine how well the company is positioned to perform in the future. Although Medtronic PLC investors may analyze each financial statement separately, they are all interrelated. The changes in Medtronic PLC's assets and liabilities, for example, are also reflected in the revenues and expenses on on Medtronic PLC's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Days Sales Outstanding 69.11  66.20 

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Additional Tools for Medtronic Stock Analysis

When running Medtronic PLC's price analysis, check to measure Medtronic PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Medtronic PLC is operating at the current time. Most of Medtronic PLC's value examination focuses on studying past and present price action to predict the probability of Medtronic PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medtronic PLC's price. Additionally, you may evaluate how the addition of Medtronic PLC to your portfolios can decrease your overall portfolio volatility.