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Amgen Inc's account receivable for the three months ended in Mar. 2016 was $3,078 Mil. Amgen Inc's revenue for the three months ended in Mar. 2016 was $5,527 Mil. Hence, Amgen Inc's days sales outstanding for the three months ended in Mar. 2016 was 50.82.
During the past 13 years, Amgen Inc's highest Days Sales Outstanding was 67.84. The lowest was 46.32. And the median was 52.64.
Amgen Inc's days sales outstanding increased from Mar. 2015 (46.20) to Mar. 2016 (50.82).
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.
Amgen Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as
Amgen Inc's Days Sales Outstanding for the quarter that ended in Mar. 2016 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Amgen Inc Annual Data
Amgen Inc Quarterly Data