Novartis AG

Published by Stock Analysis on Net

Last updated: 2018-02-11 07:56:36

Receivables Turnover

2016 2015 2014 2013

Selected Financial Data

USD in millions

Sales revenue, net 48,518 49,440 52,419 52,090
Accounts receivable, net 8,202 8,180 8,275 9,902

Ratio

Receivables turnover 5.92 6.04 6.33 5.26

2016 calculation:

Receivables turnover = Sales revenue, net ÷ Accounts receivable, net
= 48,518 ÷ 8,202 = 5.92