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Varian Medical Systems Inc (NYSE:VAR)
Days Sales Outstanding
97.15 (As of Jun. 2016)

Varian Medical Systems Inc's account receivable for the three months ended in Jun. 2016 was $840 Mil. Varian Medical Systems Inc's revenue for the three months ended in Jun. 2016 was $789 Mil. Hence, Varian Medical Systems Inc's days sales outstanding for the three months ended in Jun. 2016 was 97.15.

VAR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 85.76   Max: 107.78
Current: 98.22

85.76
107.78

During the past 13 years, Varian Medical Systems Inc's highest Days Sales Outstanding was 107.78. The lowest was 85.76. And the median was 90.38.

VAR's Days Sales Outstanding is ranked lower than
74% of the 267 Companies
in the Global Medical Devices industry.

( Industry Median: 68.90 vs. VAR: 98.22 )

Varian Medical Systems Inc's days sales outstanding increased from Jun. 2015 (78.41) to Jun. 2016 (97.15).


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.

Varian Medical Systems Inc's Days Sales Outstanding for the fiscal year that ended in Sep. 2015 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=770.92/3099.111*365
=90.80

Varian Medical Systems 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
=840.437/789.419*365 / 4
=97.15

* 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.

Varian Medical Systems Inc Annual Data

Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15
DaysSalesOutstanding 107.78105.4585.7695.7791.6489.2889.9686.6087.6090.80

Varian Medical Systems Inc Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysSalesOutstanding 92.1391.2182.2482.0085.0678.4186.0192.63102.5497.15
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