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Alcon (ALC) Days Sales Outstanding : 73.17 (As of Dec. 2023)


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What is Alcon Days Sales Outstanding?

Alcon's average Accounts Receivable for the three months ended in Dec. 2023 was $1,886 Mil. Alcon's Revenue for the three months ended in Dec. 2023 was $2,352 Mil. Hence, Alcon's Days Sales Outstanding for the three months ended in Dec. 2023 was 73.17.

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

ALC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 66.23   Med: 73.31   Max: 83.87
Current: 70.63

During the past 8 years, Alcon's highest Days Sales Outstanding was 83.87. The lowest was 66.23. And the median was 73.31.

ALC's Days Sales Outstanding is ranked worse than
57.99% of 807 companies
in the Medical Devices & Instruments industry
Industry Median: 63.94 vs ALC: 70.63

Alcon's Days Sales Outstanding increased from Dec. 2022 (70.09) to Dec. 2023 (73.17).


Alcon Days Sales Outstanding Historical Data

The historical data trend for Alcon'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.

Alcon Days Sales Outstanding Chart

Alcon Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial 70.44 79.59 67.38 70.51 70.66

Alcon 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 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 70.09 68.86 - - 73.17

Competitive Comparison of Alcon's Days Sales Outstanding

For the Medical Instruments & Supplies subindustry, Alcon'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.


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

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

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



Alcon 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.

Alcon'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
=( (1775 + 1886) / 2 ) / 9455*365
=1830.5 / 9455*365
=70.66

Alcon'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
=( (0 + 1886) / 1 ) / 2352*365 / 4
=1886 / 2352*365 / 4
=73.17

* 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.


Alcon  (NYSE:ALC) Days Sales Outstanding Explanation

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


Alcon Days Sales Outstanding Related Terms

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Alcon (ALC) Business Description

Traded in Other Exchanges
Address
Chemin de Blandonnet 8, Royce Bedward, Vernier, Geneva, CHE, 1214
Alcon is one of the leading visioncare companies in the world. Following nine years as a Novartis subsidiary, it was spun off as a public company in April 2019. Alcon operates in two segments: visioncare and surgical. Visioncare comprises contact lenses, lenscare solutions, and a suite of ocular health products. With brands like Dailies, Total1, and Air Optix, Alcon controls one fourth of the U.S. contact lens market. Surgical comprises intraocular lenses, ophthalmic surgical equipment, and consumables used during surgeries. Its main products include Centurion, a phacoemulsification device used during cataract surgeries, and a portfolio of IOLs including PanOptix and Vivity. Alcon has one of the largest installed bases of eye surgical equipment in the world.