Thermo Fisher Scientific (BUE:TMO) Days Sales Outstanding : 68.46 (As of Dec. 2023)

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What is Thermo Fisher Scientific Days Sales Outstanding?

Thermo Fisher Scientific's average Accounts Receivable for the three months ended in Dec. 2023 was ARS2,948,431 Mil. Thermo Fisher Scientific's Revenue for the three months ended in Dec. 2023 was ARS3,929,846 Mil. Hence, Thermo Fisher Scientific's Days Sales Outstanding for the three months ended in Dec. 2023 was 68.46.

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

BUE:TMO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.72 Med: 60.25 Max: 69.56
Current: 69.24

During the past 13 years, Thermo Fisher Scientific's highest Days Sales Outstanding was 69.56. The lowest was 47.72. And the median was 60.25.

BUE:TMO's Days Sales Outstanding is ranked worse than
50.22% of 225 companies
in the Medical Diagnostics & Research industry
Industry Median: 69.24 vs BUE:TMO: 69.24

Thermo Fisher Scientific's Days Sales Outstanding increased from Dec. 2022 (57.67) to Dec. 2023 (68.46).

Thermo Fisher Scientific Days Sales Outstanding Historical Data

The historical data trend for Thermo Fisher 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.

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Thermo Fisher Scientific Days Sales Outstanding Chart

Thermo Fisher Scientific Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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49.72

50.61

58.66

52.50

51.06

Thermo Fisher Scientific Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															57.67	63.09	62.07	59.84	68.46

Competitive Comparison of Thermo Fisher Scientific's Days Sales Outstanding

For the Diagnostics & Research subindustry, Thermo Fisher 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.

Thermo Fisher Scientific's Days Sales Outstanding Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Thermo Fisher Scientific's Days Sales Outstanding distribution charts can be found below:

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

Thermo Fisher 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.

Thermo Fisher 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
=	( (1360479.712	+	2967781.003)	/	2 )	/	15471377.014	*	365
=	2164130.3575					/	15471377.014	*	365
=	51.06

Thermo Fisher Scientific's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (2929081.581	+	2967781.003)	/	2 )	/	3929846.004	*	365 / 4
=	2948431.292					/	3929846.004	*	365 / 4
=	68.46

Thermo Fisher Scientific (BUE:TMO) Days Sales Outstanding Explanation

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

Thermo Fisher Scientific Days Sales Outstanding Related Terms

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Thermo Fisher Scientific (BUE:TMO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Thermo Fisher Scientific Inc (BUE:TMO) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

TMO:USA TMO:Peru TMO:Mexico TN8:Germany TMOS34:Brazil

Address

168 Third Avenue, Waltham, MA, USA, 02451

Website

https://www.thermofisher.com

Thermo Fisher Scientific sells scientific instruments and laboratory equipment, diagnostics consumables, and life science reagents. The firm operates through four segments as of mid-2023 (revenue figures include some cross-segment revenue): analytical technologies (16% of sales); specialty diagnostic products (10%); life science solutions (24%); and lab products and services, which includes CRO services (54%).