Medtronic PLC (MDT)

Days of sales outstanding (DSO)

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Apr 26, 2024	Jan 31, 2024	Jan 26, 2024	Oct 31, 2023	Oct 27, 2023	Jul 31, 2023	Jul 28, 2023	Apr 30, 2023	Apr 28, 2023	Jan 31, 2023	Jan 27, 2023	Oct 31, 2022	Oct 28, 2022	Jul 31, 2022	Jul 29, 2022	Apr 30, 2022
Receivables turnover		—	—	—	—	5.50	—	5.26	—	5.33	—	5.73	—	5.38	—	5.09	—	5.34	—	5.82	—
DSO	days	—	—	—	—	66.42	—	69.39	—	68.49	—	63.75	—	67.82	—	71.72	—	68.40	—	62.70	—

January 31, 2025 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —

Days of Sales Outstanding (DSO) is a key metric used to evaluate how efficiently a company is managing its accounts receivable. Looking at the DSO trend for Medtronic PLC, we observe fluctuations over the past few quarters:

- In July 2022, the DSO stood at 62.70 days, indicating that, on average, it took the company around 62.70 days to collect its accounts receivable.
- Subsequently, in October 2022, the DSO increased to 68.40 days, suggesting that the company took longer to collect payments from customers.
- The trend continued with a rise to 71.72 days in January 2023, signifying a potential delay in receiving payments.
- However, the DSO decreased to 67.82 days in April 2023, showing an improvement in the collection process.
- This trend continued with fluctuations in subsequent quarters, such as 63.75 days in July 2023 and 68.49 days in October 2023.
- By January 2024, the DSO decreased to 69.39 days, indicating a slightly longer collection period.
- Subsequent quarters showed further improvements with 66.42 days in April 2024.
- Notably, there is missing data for some periods, which may impact the overall trend analysis.

Overall, the fluctuating DSO for Medtronic PLC suggests varying efficiency in collecting accounts receivable over time. Analyzing the underlying reasons for these fluctuations can provide insights into the company's credit policies, customer payment behaviors, and overall financial health.