CVS Health (LTS:0HRS) Days Sales Outstanding : 10.86 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is CVS Health Days Sales Outstanding?

CVS Health's average Accounts Receivable for the three months ended in Dec. 2023 was $11,166 Mil. CVS Health's Revenue for the three months ended in Dec. 2023 was $93,813 Mil. Hence, CVS Health's Days Sales Outstanding for the three months ended in Dec. 2023 was 10.86.

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

LTS:0HRS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.38 Med: 12.08 Max: 25.69
Current: 14.3

During the past 13 years, CVS Health's highest Days Sales Outstanding was 25.69. The lowest was 9.38. And the median was 12.08.

LTS:0HRS's Days Sales Outstanding is ranked better than
75% of 16 companies
in the Healthcare Plans industry
Industry Median: 32.08 vs LTS:0HRS: 14.30

CVS Health's Days Sales Outstanding increased from Dec. 2022 (9.25) to Dec. 2023 (10.86).

CVS Health Days Sales Outstanding Historical Data

The historical data trend for CVS Health'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.

CVS Health Days Sales Outstanding Chart

CVS Health Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

9.39

9.38

9.39

9.57

10.66

CVS Health 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															9.25	9.74	19.90	20.32	10.86

Competitive Comparison of CVS Health's Days Sales Outstanding

For the Healthcare Plans subindustry, CVS Health'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.

CVS Health's Days Sales Outstanding Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, CVS Health's Days Sales Outstanding distribution charts can be found below:

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

CVS Health 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.

CVS Health'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
=	( (8983	+	11908)	/	2 )	/	357776	*	365
=	10445.5					/	357776	*	365
=	10.66

CVS Health'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
=	( (10424	+	11908)	/	2 )	/	93813	*	365 / 4
=	11166					/	93813	*	365 / 4
=	10.86

CVS Health (LTS:0HRS) Days Sales Outstanding Explanation

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

CVS Health Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of CVS Health's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

CVS Health (LTS:0HRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » CVS Health Corp (LTS:0HRS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CVS:USA CVS:Peru CVS:Mexico 1CVS:Italy CVSd:UK CVS:Germany CVS:Chile CVS:Canada CVSH34:Brazil CVS:Austria

Address

One CVS Drive, Woonsocket, RI, USA, 02895

Website

https://www.cvshealth.com

CVS Health offers a diverse set of healthcare services. Its roots are in its retail pharmacy operations, where it operates over 9,000 stores primarily in the U.S. CVS is also the largest pharmacy benefit manager (acquired through Caremark), processing over 2 billion adjusted claims annually. It also operates a top-tier health insurer (acquired through Aetna) where it serves about 26 million medical members. The company's recent acquisition of Oak Street adds primary care services to the mix, which could have significant synergies with all its existing business lines.

CVS Health (LTS:0HRS) Headlines

No Headlines