Zimmer Biomet Holdings (LTS:0QQD) Days Sales Outstanding

: 66.72 (As of Dec. 2023)

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Zimmer Biomet Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was CHF1,227 Mil. Zimmer Biomet Holdings's Revenue for the three months ended in Dec. 2023 was CHF1,678 Mil. Hence, Zimmer Biomet Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 66.72.

The historical rank and industry rank for Zimmer Biomet Holdings's Days Sales Outstanding or its related term are showing as below:

LTS:0QQD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 60.35 Med: 71.98 Max: 83.89
Current: 68.25

During the past 13 years, Zimmer Biomet Holdings's highest Days Sales Outstanding was 83.89. The lowest was 60.35. And the median was 71.98.

LTS:0QQD's Days Sales Outstanding is ranked worse than
55.14% of 807 companies
in the Medical Devices & Instruments industry
Industry Median: 63.94 vs LTS:0QQD: 68.25

Zimmer Biomet Holdings's Days Sales Outstanding declined from Dec. 2022 (67.93) to Dec. 2023 (66.72).

Zimmer Biomet Holdings Days Sales Outstanding Historical Data

The historical data trend for Zimmer Biomet Holdings's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Zimmer Biomet Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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60.63

88.20

71.13

69.08

72.33

Zimmer Biomet Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															67.93	69.06	68.01	70.49	66.72

Competitive Comparison

For the Medical Devices subindustry, Zimmer Biomet Holdings's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Zimmer Biomet Holdings Days Sales Outstanding Distribution

For the Medical Devices & Instruments industry and Healthcare sector, Zimmer Biomet Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Zimmer Biomet Holdings's Days Sales Outstanding falls into.

Zimmer Biomet Holdings Days Sales Outstanding Calculation

Days Sales Outstanding measures 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 Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Zimmer Biomet Holdings's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1287.005	+	1247.388)	/	2 )	/	6394.504	*	365
=	1267.1965					/	6394.504	*	365
=	72.33

Zimmer Biomet Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1206.094	+	1247.388)	/	2 )	/	1677.798	*	365 / 4
=	1226.741					/	1677.798	*	365 / 4
=	66.72

Zimmer Biomet Holdings (LTS:0QQD) Days Sales Outstanding Explanation

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

Zimmer Biomet Holdings Days Sales Outstanding Related Terms

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Zimmer Biomet Holdings (LTS:0QQD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Zimmer Biomet Holdings Inc (LTS:0QQD) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

ZBH:USA ZIM:Germany ZBH:Austria

Address

345 East Main Street, Warsaw, IN, USA, 46580

Website

https://www.zimmerbiomet.com

Zimmer Biomet designs, manufactures, and markets orthopedic reconstructive implants, as well as supplies and surgical equipment for orthopedic surgery. With the acquisitions of Centerpulse in 2003 and Biomet in 2015, Zimmer holds the leading share of the reconstructive market in the United States, Europe, and Japan. Roughly two thirds of total revenue is derived from sales of large joints, another quarter comes from extremities, trauma, sports medicine, and related surgical products. The firm spun out its dental and spine businesses in 2022.

Zimmer Biomet Holdings (LTS:0QQD) Headlines

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