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CVS Health Corp (NYSE:CVS)
Days Sales Outstanding
24.14 (As of Dec. 2016)

CVS Health Corp's account receivable for the three months ended in Dec. 2016 was $12,164 Mil. CVS Health Corp's revenue for the three months ended in Dec. 2016 was $45,971 Mil. Hence, CVS Health Corp's days sales outstanding for the three months ended in Dec. 2016 was 24.14.

CVS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 18.65   Max: 28.31
Current: 25.01

18.65
28.31

During the past 13 years, CVS Health Corp's highest Days Sales Outstanding was 28.31. The lowest was 18.65. And the median was 22.19.

CVS's Days Sales Outstanding is ranked higher than
50% of the 16 Companies
in the Global Health Care Plans industry.

( Industry Median: 25.01 vs. CVS: 25.01 )

CVS Health Corp's days sales outstanding declined from Dec. 2015 (26.36) to Dec. 2016 (24.14).


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.

CVS Health Corp's Days Sales Outstanding for the fiscal year that ended in Dec. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=12164/177526*365
=25.01

CVS Health Corp's Days Sales Outstanding for the quarter that ended in Dec. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=12164/45971*365 / 4
=24.14

* 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.

CVS Health Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysSalesOutstanding 21.9022.4720.1718.6520.6119.1925.1325.3728.3125.01

CVS Health Corp Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysSalesOutstanding 28.2123.8525.5226.7430.2326.3627.5027.5127.8724.14
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