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IRIDEX Corp (NAS:IRIX)
Days Sales Outstanding
71.10 (As of Mar. 2016)

IRIDEX Corp's account receivable for the three months ended in Mar. 2016 was $9.30 Mil. IRIDEX Corp's revenue for the three months ended in Mar. 2016 was $11.93 Mil. Hence, IRIDEX Corp's days sales outstanding for the three months ended in Mar. 2016 was 71.10.

IRIX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 58.34   Max: 71.07
Current: 79.12

58.34
71.07

During the past 13 years, IRIDEX Corp's highest Days Sales Outstanding was 71.07. The lowest was 58.34. And the median was 62.27.

IRIX's Days Sales Outstanding is ranked lower than
59% of the 273 Companies
in the Global Medical Devices industry.

( Industry Median: 69.05 vs. IRIX: 79.12 )

IRIDEX Corp's days sales outstanding increased from Mar. 2015 (67.79) to Mar. 2016 (71.10).


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.

IRIDEX Corp's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=8.337/42.814*365
=71.07

IRIDEX Corp's Days Sales Outstanding for the quarter that ended in Mar. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=9.297/11.931*365 / 4
=71.10

* 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.

IRIDEX Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysSalesOutstanding 61.5258.3461.6763.2062.8761.1059.0770.0571.0781.13

IRIDEX Corp Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysSalesOutstanding 63.2459.4762.5568.3464.5967.7973.9471.9269.9271.10
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