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Boston Scientific Corp's account receivable for the three months ended in Mar. 2016 was $1,291 Mil. Boston Scientific Corp's revenue for the three months ended in Mar. 2016 was $1,964 Mil. Hence, Boston Scientific Corp's days sales outstanding for the three months ended in Mar. 2016 was 59.98.
During the past 13 years, Boston Scientific Corp's highest Days Sales Outstanding was 66.79. The lowest was 58.51. And the median was 61.98.
Boston Scientific Corp's days sales outstanding increased from Mar. 2015 (59.92) to Mar. 2016 (59.98).
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.
Boston Scientific Corp's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as
Boston Scientific Corp'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.
Boston Scientific Corp Annual Data
Boston Scientific Corp Quarterly Data