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AbbVie Inc's account receivable for the three months ended in Dec. 2015 was $4,730 Mil. AbbVie Inc's revenue for the three months ended in Dec. 2015 was $6,400 Mil. Hence, AbbVie Inc's days sales outstanding for the three months ended in Dec. 2015 was 67.44.
During the past 7 years, AbbVie Inc's highest Days Sales Outstanding was 93.30. The lowest was 68.30. And the median was 79.30.
AbbVie Inc's days sales outstanding increased from Dec. 2014 (62.51) to Dec. 2015 (67.44).
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.
AbbVie Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as
AbbVie Inc's Days Sales Outstanding for the quarter that ended in Dec. 2015 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
AbbVie Inc Annual Data
AbbVie Inc Quarterly Data