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Cyberonics Inc (NAS:CYBX)
Days Sales Outstanding
87.87 (As of Sep. 2016)

Cyberonics Inc's account receivable for the three months ended in Sep. 2016 was $284.3 Mil. Cyberonics Inc's revenue for the three months ended in Sep. 2016 was $295.3 Mil. Hence, Cyberonics Inc's days sales outstanding for the three months ended in Sep. 2016 was 87.87.

CYBX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.89   Max: 88.67
Current: 88.67

48.89
88.67

During the past 13 years, Cyberonics Inc's highest Days Sales Outstanding was 88.67. The lowest was 48.89. And the median was 56.80.

CYBX's Days Sales Outstanding is ranked lower than
66% of the 277 Companies
in the Global Medical Devices industry.

( Industry Median: 66.89 vs. CYBX: 88.67 )

Cyberonics Inc's days sales outstanding increased from Oct. 2015 (61.58) to Sep. 2016 (87.87).


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.

Cyberonics Inc's Days Sales Outstanding for the fiscal year that ended in Apr. 2015 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=50.569/291.558*365
=63.31

Cyberonics Inc's Days Sales Outstanding for the quarter that ended in Sep. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=284.345/295.268*365 / 4
=87.87

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Cyberonics Inc Annual Data

Apr06Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14Apr15
DaysSalesOutstanding 63.1152.7160.3456.5656.9754.7748.8956.6265.5963.31

Cyberonics Inc Quarterly Data

Jul14Oct14Jan15Apr15Jul15Oct15Dec15Mar16Jun16Sep16
DaysSalesOutstanding 61.2160.2359.840.0061.9461.580.0091.7585.1687.87
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