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Cyberonics Inc (NAS:CYBX)
Days Sales Outstanding
91.75 (As of Mar. 2016)

Cyberonics Inc's account receivable for the three months ended in Mar. 2016 was $288.5 Mil. Cyberonics Inc's revenue for the three months ended in Mar. 2016 was $287.0 Mil. Hence, Cyberonics Inc's days sales outstanding for the three months ended in Mar. 2016 was 91.75.

CYBX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.89   Max: 65.59
Current: 241.83

48.89
65.59

During the past 13 years, Cyberonics Inc's highest Days Sales Outstanding was 65.59. The lowest was 48.89. And the median was 56.80.

CYBX's Days Sales Outstanding is ranked lower than
93% of the 273 Companies
in the Global Medical Devices industry.

( Industry Median: 69.05 vs. CYBX: 241.83 )

Cyberonics Inc's days sales outstanding increased from Apr. 2015 (62.30) to Mar. 2016 (91.75).


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. 2014 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=50.674/282.014*365
=65.59

Cyberonics 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
=288.537/286.969*365 / 4
=91.75

* 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.

Cyberonics Inc Annual Data

Apr05Apr06Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14
DaysSalesOutstanding 58.1463.1152.7160.3456.5656.9754.7748.8956.6265.59

Cyberonics Inc Quarterly Data

Apr14Jul14Oct14Jan15Mar15Apr15Jul15Oct15Dec15Mar16
DaysSalesOutstanding 61.7861.2160.2359.840.0062.3061.9461.580.0091.75
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