Surgical Innovations Group (LSE:SUN) Days Sales Outstanding : 59.65 (As of Dec. 2023)

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What is Surgical Innovations Group Days Sales Outstanding?

Surgical Innovations Group's average Accounts Receivable for the six months ended in Dec. 2023 was £2.08 Mil. Surgical Innovations Group's Revenue for the six months ended in Dec. 2023 was £6.36 Mil. Hence, Surgical Innovations Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 59.65.

The historical rank and industry rank for Surgical Innovations Group's Days Sales Outstanding or its related term are showing as below:

LSE:SUN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.15 Med: 70.8 Max: 226.57
Current: 59.97

During the past 13 years, Surgical Innovations Group's highest Days Sales Outstanding was 226.57. The lowest was 47.15. And the median was 70.80.

LSE:SUN's Days Sales Outstanding is ranked better than
54.81% of 810 companies
in the Medical Devices & Instruments industry
Industry Median: 64.2 vs LSE:SUN: 59.97

Surgical Innovations Group's Days Sales Outstanding increased from Dec. 2022 (58.75) to Dec. 2023 (59.65).

Surgical Innovations Group Days Sales Outstanding Historical Data

The historical data trend for Surgical Innovations Group'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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Surgical Innovations Group Days Sales Outstanding Chart

Surgical Innovations Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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77.01

83.85

47.15

50.81

57.50

Surgical Innovations Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															54.36	58.14	58.75	62.97	59.65

Competitive Comparison of Surgical Innovations Group's Days Sales Outstanding

For the Medical Devices subindustry, Surgical Innovations Group'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.

Surgical Innovations Group's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Surgical Innovations Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Surgical Innovations Group's Days Sales Outstanding falls into.

Surgical Innovations Group 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.

Surgical Innovations Group'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
=	( (1.762	+	2.023)	/	2 )	/	12.014	*	365
=	1.8925					/	12.014	*	365
=	57.50

Surgical Innovations Group'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (2.137	+	2.023)	/	2 )	/	6.364	*	365 / 2
=	2.08					/	6.364	*	365 / 2
=	59.65

Surgical Innovations Group (LSE:SUN) Days Sales Outstanding Explanation

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

Surgical Innovations Group Days Sales Outstanding Related Terms

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Surgical Innovations Group (LSE:SUN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Surgical Innovations Group PLC (LSE:SUN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Clayton Wood House, 6 Clayton Wood Bank, Leeds, GBR, LS16 6QZ

Website

https://www.sigroupplc.com

Surgical Innovations Group PLC is involved in the design, development, manufacture, and sale of devices for use in minimally invasive surgery and precision engineering markets. The group sells branded products through independent healthcare distributors across the world and own-label products through original equipment manufacturer relationships. The SI Brand segment includes research, development, manufacture, and distribution of SI branded minimally invasive devices. The OEM segment includes the research, development, manufacture, and distribution of minimally invasive devices for third-party medical device companies through either own label or co-branding. The distribution segment includes the distribution of specialist medical products.