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GuruFocus has detected 5 Warning Signs with Veeco Instruments Inc $VECO.
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Veeco Instruments Inc (NAS:VECO)
Days Sales Outstanding
56.56 (As of Dec. 2016)

Veeco Instruments Inc's account receivable for the three months ended in Dec. 2016 was $58.0 Mil. Veeco Instruments Inc's revenue for the three months ended in Dec. 2016 was $93.6 Mil. Hence, Veeco Instruments Inc's days sales outstanding for the three months ended in Dec. 2016 was 56.56.

VECO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.21   Max: 87.3
Current: 63.7

26.21
87.3

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.

VECO's Days Sales Outstanding is ranked lower than
52% of the 699 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 62.63 vs. VECO: 63.70 )

Veeco Instruments Inc's days sales outstanding increased from Dec. 2015 (42.42) to Dec. 2016 (56.56).


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.

Veeco Instruments Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=58.02/332.451*365
=63.70

Veeco Instruments Inc's Days Sales Outstanding for the quarter that ended in Dec. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=58.02/93.609*365 / 4
=56.56

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Veeco Instruments Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysSalesOutstanding 68.2049.1887.3059.0235.4344.6826.2155.8237.8963.70

Veeco Instruments Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysSalesOutstanding 60.2148.2859.6557.7030.3442.4265.6150.4953.8756.56
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