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GlaxoSmithKline PLC (NYSE:GSK)
Days Sales Outstanding
87.73 (As of Sep. 2016)

GlaxoSmithKline PLC's account receivable for the three months ended in Sep. 2016 was $9,528 Mil. GlaxoSmithKline PLC's revenue for the three months ended in Sep. 2016 was $9,911 Mil. Hence, GlaxoSmithKline PLC's days sales outstanding for the three months ended in Sep. 2016 was 87.73.

GSK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 54.62   Max: 99.54
Current: 99.54

54.62
99.54

During the past 13 years, GlaxoSmithKline PLC's highest Days Sales Outstanding was 99.54. The lowest was 54.62. And the median was 71.39.

GSK's Days Sales Outstanding is ranked lower than
67% of the 623 Companies
in the Global Drug Manufacturers - Major industry.

( Industry Median: 76.78 vs. GSK: 99.54 )

GlaxoSmithKline PLC's days sales outstanding declined from Sep. 2015 (89.24) to Sep. 2016 (87.73).


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.

GlaxoSmithKline PLC'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
=5724.5508982/35812.8742515*365
=58.34

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

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=9528.25229961/9910.64388962*365 / 4
=87.73

* 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.

GlaxoSmithKline PLC Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysSalesOutstanding 68.4688.2993.9083.5374.4774.3156.8354.6256.4258.34

GlaxoSmithKline PLC Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysSalesOutstanding 84.0183.8052.4591.0983.8489.2455.5188.0683.8087.73
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