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Abbott Laboratories (NYSE:ABT)
Days Sales Outstanding
57.14 (As of Sep. 2016)

Abbott Laboratories's account receivable for the three months ended in Sep. 2016 was $3,320 Mil. Abbott Laboratories's revenue for the three months ended in Sep. 2016 was $5,302 Mil. Hence, Abbott Laboratories's days sales outstanding for the three months ended in Sep. 2016 was 57.14.

ABT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 58.52   Max: 145.87
Current: 58.52

58.52
145.87

During the past 13 years, Abbott Laboratories's highest Days Sales Outstanding was 145.87. The lowest was 58.52. And the median was 71.85.

ABT's Days Sales Outstanding is ranked higher than
63% of the 277 Companies
in the Global Medical Devices industry.

( Industry Median: 66.89 vs. ABT: 58.52 )

Abbott Laboratories's days sales outstanding declined from Sep. 2015 (61.31) to Sep. 2016 (57.14).


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.

Abbott Laboratories's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=3418/20405*365
=61.14

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

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=3320/5302*365 / 4
=57.14

* 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.

Abbott Laboratories Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysSalesOutstanding 68.7169.6867.5677.6274.56131.01145.8774.0164.6561.14

Abbott Laboratories Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysSalesOutstanding 73.1965.0061.0964.8662.7161.3160.1264.0761.0357.14
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