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Myriad Genetics Inc (NAS:MYGN)
Days Sales Outstanding
44.89 (As of Jun. 2016)

Myriad Genetics Inc's account receivable for the three months ended in Jun. 2016 was $91.7 Mil. Myriad Genetics Inc's revenue for the three months ended in Jun. 2016 was $186.4 Mil. Hence, Myriad Genetics Inc's days sales outstanding for the three months ended in Jun. 2016 was 44.89.

MYGN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.41   Max: 72.25
Current: 44.41

38.41
72.25

During the past 13 years, Myriad Genetics Inc's highest Days Sales Outstanding was 72.25. The lowest was 38.41. And the median was 46.88.

MYGN's Days Sales Outstanding is ranked higher than
73% of the 160 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 64.52 vs. MYGN: 44.41 )

Myriad Genetics Inc's days sales outstanding increased from Jun. 2015 (41.23) to Jun. 2016 (44.89).


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.

Myriad Genetics Inc's Days Sales Outstanding for the fiscal year that ended in Jun. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=91.7/753.8*365
=44.40

Myriad Genetics Inc's Days Sales Outstanding for the quarter that ended in Jun. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=91.7/186.4*365 / 4
=44.89

* 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.

Myriad Genetics Inc Annual Data

Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
DaysSalesOutstanding 72.2566.6049.8748.1145.6444.4856.1538.4143.3144.40

Myriad Genetics Inc Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysSalesOutstanding 41.2439.5940.9340.1946.7441.2341.4739.8043.6444.89
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