Abbott India (BOM:500488) Days Sales Outstanding : 20.24 (As of Mar. 2024)

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What is Abbott India Days Sales Outstanding?

Abbott India's average Accounts Receivable for the three months ended in Mar. 2024 was ₹3,191 Mil. Abbott India's Revenue for the three months ended in Mar. 2024 was ₹14,386 Mil. Hence, Abbott India's Days Sales Outstanding for the three months ended in Mar. 2024 was 20.24.

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

BOM:500488' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.21 Med: 21.35 Max: 26.79
Current: 21.08

During the past 13 years, Abbott India's highest Days Sales Outstanding was 26.79. The lowest was 19.21. And the median was 21.35.

BOM:500488's Days Sales Outstanding is ranked better than
92.08% of 998 companies
in the Drug Manufacturers industry
Industry Median: 72.035 vs BOM:500488: 21.08

Abbott India's Days Sales Outstanding declined from Mar. 2023 (21.53) to Mar. 2024 (20.24).

Abbott India Days Sales Outstanding Historical Data

The historical data trend for Abbott India'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.

Abbott India Days Sales Outstanding Chart

Abbott India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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26.50

24.07

20.01

20.65

19.85

Abbott India 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															21.53	19.55	23.06	23.97	20.24

Competitive Comparison of Abbott India's Days Sales Outstanding

For the Drug Manufacturers - General subindustry, Abbott India'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 India's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Abbott India's Days Sales Outstanding distribution charts can be found below:

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

Abbott India 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 India's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (3169.5	+	3191.1)	/	2 )	/	58489.1	*	365
=	3180.3					/	58489.1	*	365
=	19.85

Abbott India's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (0	+	3191.1)	/	1 )	/	14386.3	*	365 / 4
=	3191.1					/	14386.3	*	365 / 4
=	20.24

Abbott India (BOM:500488) 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 India Days Sales Outstanding Related Terms

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Abbott India (BOM:500488) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Abbott India Ltd (BOM:500488) » Definitions » Days Sales Outstanding

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ABBOTINDIA:India

Address

15-16th Floor, Godrej BKC, Plot C-68, G Block, Near MCA Club, Bandra-Kurla Complex, Bandra (East), Mumbai, MH, IND, 400 051

Website

https://www.abbott.co.in

Abbott India Ltd is a major drug manufacturing company that offers products offerings in diagnostics, medical devices, nutritionals, and branded generic pharmaceuticals. The vast majority of the company's revenue is generated in the India. The company's patient focus centers overwhelmingly toward women's health and gastrointestine, gastroenterology, and hepatic care. The company expects an increased use of collaboration with strategic partners as a component of its growth strategy.

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