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Cardiovascular Systems Inc (NAS:CSII)
Days Sales Outstanding
47.30 (As of Mar. 2016)

Cardiovascular Systems Inc's account receivable for the three months ended in Mar. 2016 was $23.0 Mil. Cardiovascular Systems Inc's revenue for the three months ended in Mar. 2016 was $44.5 Mil. Hence, Cardiovascular Systems Inc's days sales outstanding for the three months ended in Mar. 2016 was 47.30.

CSII' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.38   Max: 105.79
Current: 47.38

47.38
105.79

During the past 13 years, Cardiovascular Systems Inc's highest Days Sales Outstanding was 105.79. The lowest was 47.38. And the median was 58.75.

CSII's Days Sales Outstanding is ranked higher than
81% of the 267 Companies
in the Global Medical Devices industry.

( Industry Median: 68.90 vs. CSII: 47.38 )

Cardiovascular Systems Inc's days sales outstanding declined from Mar. 2015 (60.61) to Mar. 2016 (47.30).


Definition

Days sales outstanding measures of 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 receivables are being managed.

Account receivable can be measured by Days Sales Outstanding.

Cardiovascular Systems Inc's Days Sales Outstanding for the fiscal year that ended in Jun. 2015 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=30.83/181.544*365
=61.98

Cardiovascular Systems Inc's Days Sales Outstanding for the quarter that ended in Mar. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=23.048/44.461*365 / 4
=47.30

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

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


Related Terms

Account Receivable, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Cardiovascular Systems Inc Annual Data

Dec07Dec08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
DaysSalesOutstanding 0.000.0054.7852.8961.4160.3751.7557.1361.9847.38

Cardiovascular Systems Inc Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysSalesOutstanding 50.9049.3249.3753.1760.6158.0655.8856.7747.3043.55
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