Abbott Laboratories (XSGO:ABT) Days Sales Outstanding : 58.20 (As of Dec. 2023)

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What is Abbott Laboratories Days Sales Outstanding?

Abbott Laboratories's average Accounts Receivable for the three months ended in Dec. 2023 was $6,532 Mil. Abbott Laboratories's Revenue for the three months ended in Dec. 2023 was $10,241 Mil. Hence, Abbott Laboratories's Days Sales Outstanding for the three months ended in Dec. 2023 was 58.20.

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

XSGO:ABT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 53.12 Med: 59.51 Max: 68.25
Current: 56.98

During the past 13 years, Abbott Laboratories's highest Days Sales Outstanding was 68.25. The lowest was 53.12. And the median was 59.51.

XSGO:ABT's Days Sales Outstanding is ranked better than
58.98% of 807 companies
in the Medical Devices & Instruments industry
Industry Median: 63.94 vs XSGO:ABT: 56.98

Abbott Laboratories's Days Sales Outstanding increased from Dec. 2022 (57.09) to Dec. 2023 (58.20).

Abbott Laboratories Days Sales Outstanding Historical Data

The historical data trend for Abbott Laboratories'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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Abbott Laboratories Days Sales Outstanding Chart

Abbott Laboratories Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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60.68

62.43

54.66

53.12

58.16

Abbott Laboratories Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															57.29	55.75	57.00	58.20	60.12

Competitive Comparison of Abbott Laboratories's Days Sales Outstanding

For the Medical Devices subindustry, Abbott Laboratories'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.

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

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

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

Abbott Laboratories 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.

Abbott Laboratories'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
=	( (6218	+	6565)	/	2 )	/	40109	*	365
=	6391.5					/	40109	*	365
=	58.16

Abbott Laboratories'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
=	( (6499	+	6565)	/	2 )	/	10241	*	365 / 4
=	6532					/	10241	*	365 / 4
=	58.20

Abbott Laboratories (XSGO:ABT) Days Sales Outstanding Explanation

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

Abbott Laboratories Days Sales Outstanding Related Terms

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Abbott Laboratories (XSGO:ABT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Abbott Laboratories (XSGO:ABT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

ABT:USA ABT:Mexico 0Q15:UK ABL:Germany ABT:Switzerland ABTT34:Brazil ABT:Austria ABT:Argentina

Address

100 Abbott Park Road, Abbott Park, IL, USA, 60064-6400

Website

https://www.abbottinvestor.com

Abbott manufactures and markets cardiovascular and diabetes devices, adult and pediatric nutritional products, diagnostic equipment and testing kits, and branded generic drugs. Products include pacemakers, implantable cardioverter defibrillators, neuromodulation devices, coronary stents, catheters, infant formula, nutritional liquids for adults, continuous glucose monitors, and immunoassays and point-of-care diagnostic equipment. Abbott derives approximately 60% of sales outside the United States.