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Boston Scientific (XTER:BSX) Days Sales Outstanding : 51.85 (As of Jun. 2024)


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What is Boston Scientific Days Sales Outstanding?

Boston Scientific's average Accounts Receivable for the three months ended in Jun. 2024 was €2,175 Mil. Boston Scientific's Revenue for the three months ended in Jun. 2024 was €3,827 Mil. Hence, Boston Scientific's Days Sales Outstanding for the three months ended in Jun. 2024 was 51.85.

The historical rank and industry rank for Boston Scientific's Days Sales Outstanding or its related term are showing as below:

XTER:BSX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50.8   Med: 59.21   Max: 61.84
Current: 51.24

During the past 13 years, Boston Scientific's highest Days Sales Outstanding was 61.84. The lowest was 50.80. And the median was 59.21.

XTER:BSX's Days Sales Outstanding is ranked better than
68.87% of 816 companies
in the Medical Devices & Instruments industry
Industry Median: 65.25 vs XTER:BSX: 51.24

Boston Scientific's Days Sales Outstanding declined from Jun. 2023 (53.68) to Jun. 2024 (51.85).


Boston Scientific Days Sales Outstanding Historical Data

The historical data trend for Boston Scientific's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Boston Scientific Days Sales Outstanding Chart

Boston Scientific Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.78 65.03 49.13 52.34 54.54

Boston Scientific Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.37 53.58 53.54 51.85 53.65

Competitive Comparison of Boston Scientific's Days Sales Outstanding

For the Medical Devices subindustry, Boston Scientific's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Boston Scientific's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Boston Scientific's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Boston Scientific's Days Sales Outstanding falls into.



Boston Scientific Days Sales Outstanding Calculation

Days Sales Outstanding measures 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 Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Boston Scientific's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

Days Sales Outstanding (A: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (1859.68 + 2043.076) / 2 ) / 13058.08*365
=1951.378 / 13058.08*365
=54.54

Boston Scientific's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding (Q: Jun. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2024 ) + Accounts Receivable (A: Jun. 2024 )) / count ) / Revenue (A: Jun. 2024 )*Days in Period
=( (2119.68 + 2229.6) / 2 ) / 3827.48*365 / 4
=2174.64 / 3827.48*365 / 4
=51.85

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Boston Scientific  (XTER:BSX) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Boston Scientific Days Sales Outstanding Related Terms

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Boston Scientific Business Description

Address
300 Boston Scientific Way, Marlborough, MA, USA, 01752-1234
Boston Scientific produces less invasive medical devices that are inserted into the human body through small openings or cuts. It manufactures products for use in angioplasty, blood clot filtration, kidney stone management, cardiac rhythm management, catheter-directed ultrasound imaging, upper gastrointestinal tract diagnostics, interventional oncology, neuromodulation for chronic pain, and treatment of incontinence. The firm markets its devices to healthcare professionals and institutions globally. Foreign sales account for nearly half of the firm's total sales.