GlaxoSmithKline PLC

Published by Stock Analysis on Net

Last updated: 2018-02-11 06:27:30

Receivables Turnover

2016 2015 2014 2013

Selected Financial Data

GBP in millions

Sales revenue, net 27,889 23,923 23,006 26,505
Accounts receivable, net 6,026 5,615 4,600 5,442

Ratio

Receivables turnover 4.63 4.26 5.00 4.87

2016 calculation:

Receivables turnover = Sales revenue, net ÷ Accounts receivable, net
= 27,889 ÷ 6,026 = 4.63