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Veeco Instruments Inc's account receivable for the three months ended in Jun. 2016 was $41.7 Mil. Veeco Instruments Inc's revenue for the three months ended in Jun. 2016 was $75.3 Mil. Hence, Veeco Instruments Inc's days sales outstanding for the three months ended in Jun. 2016 was 50.49.
During the past 13 years, Veeco Instruments Inc's highest Days Sales Outstanding was 87.30. The lowest was 26.21. And the median was 52.50.
Veeco Instruments Inc's days sales outstanding declined from Jun. 2015 (57.70) to Jun. 2016 (50.49).
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.
Veeco Instruments Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as
Veeco Instruments Inc's Days Sales Outstanding for the quarter that ended in Jun. 2016 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Veeco Instruments Inc Annual Data
Veeco Instruments Inc Quarterly Data