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AbbVie Inc (NYSE:ABBV)
Days Sales Outstanding
70.92 (As of Sep. 2016)

AbbVie Inc's account receivable for the three months ended in Sep. 2016 was $4,999 Mil. AbbVie Inc's revenue for the three months ended in Sep. 2016 was $6,432 Mil. Hence, AbbVie Inc's days sales outstanding for the three months ended in Sep. 2016 was 70.92.

ABBV' s Days Sales Outstanding Range Over the Past 10 Years
Min: 71.53   Max: 93.3
Current: 72.29

71.53
93.3

During the past 7 years, AbbVie Inc's highest Days Sales Outstanding was 93.30. The lowest was 71.53. And the median was 78.60.

ABBV's Days Sales Outstanding is ranked higher than
54% of the 618 Companies
in the Global Drug Manufacturers - Major industry.

( Industry Median: 77.59 vs. ABBV: 72.29 )

AbbVie Inc's days sales outstanding increased from Sep. 2015 (70.22) to Sep. 2016 (70.92).


Definition

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. 2014 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=4291/19960*365
=78.47

AbbVie Inc's Days Sales Outstanding for the quarter that ended in Sep. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=4999/6432*365 / 4
=70.92

* 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

Account Receivable, Revenue


Historical Data

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

AbbVie Inc Annual Data

Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysSalesOutstanding 0.000.000.000.0078.7379.8771.5393.3078.4775.53

AbbVie Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysSalesOutstanding 70.6072.6371.8278.8772.7870.2267.4472.7971.3970.92
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