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Varian Medical Systems (Varian Medical Systems) Days Sales Outstanding : 122.76 (As of Dec. 2020)


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What is Varian Medical Systems Days Sales Outstanding?

Varian Medical Systems's average Accounts Receivable for the three months ended in Dec. 2020 was $1,048 Mil. Varian Medical Systems's Revenue for the three months ended in Dec. 2020 was $779 Mil. Hence, Varian Medical Systems's Days Sales Outstanding for the three months ended in Dec. 2020 was 122.76.

The historical rank and industry rank for Varian Medical Systems's Days Sales Outstanding or its related term are showing as below:

VAR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 85.58   Med: 109.26   Max: 125.14
Current: 120.96

During the past 13 years, Varian Medical Systems's highest Days Sales Outstanding was 125.14. The lowest was 85.58. And the median was 109.26.

VAR's Days Sales Outstanding is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 63.94 vs VAR: 120.96

Varian Medical Systems's Days Sales Outstanding increased from Dec. 2019 (120.30) to Dec. 2020 (122.76).


Varian Medical Systems Days Sales Outstanding Historical Data

The historical data trend for Varian Medical Systems'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.

* Premium members only.

Varian Medical Systems Days Sales Outstanding Chart

Varian Medical Systems Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 108.39 120.61 123.25 119.75 125.14

Varian Medical Systems Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 120.30 119.68 130.91 110.16 122.76

Competitive Comparison of Varian Medical Systems's Days Sales Outstanding

For the Medical Instruments & Supplies subindustry, Varian Medical Systems'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.


Varian Medical Systems's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Varian Medical Systems's Days Sales Outstanding falls into.



Varian Medical Systems 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.

Varian Medical Systems's Days Sales Outstanding for the fiscal year that ended in Sep. 2020 is calculated as

Days Sales Outstanding (A: Sep. 2020 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2019 ) + Accounts Receivable (A: Sep. 2020 )) / count ) / Revenue (A: Sep. 2020 )*Days in Period
=( (1106.3 + 1066.1) / 2 ) / 3168.2*365
=1086.2 / 3168.2*365
=125.14

Varian Medical Systems's Days Sales Outstanding for the quarter that ended in Dec. 2020 is calculated as:

Days Sales Outstanding (Q: Dec. 2020 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2020 ) + Accounts Receivable (A: Dec. 2020 )) / count ) / Revenue (A: Dec. 2020 )*Days in Period
=( (1066.1 + 1029.3) / 2 ) / 778.8*365 / 4
=1047.7 / 778.8*365 / 4
=122.76

* 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.


Varian Medical Systems  (NYSE:VAR) Days Sales Outstanding Explanation

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


Varian Medical Systems Days Sales Outstanding Related Terms

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Varian Medical Systems (Varian Medical Systems) Business Description

Traded in Other Exchanges
N/A
Address
3100 Hansen Way, Palo Alto, CA, USA, 94304-1038
Varian Medical Systems designs, manufactures, and sells radiation technology for use in two business segments: oncology systems and proton therapy. The Americas account for the largest portion of revenue (47%), followed by Europe, the Middle East, and Africa (33%) and Asia-Pacific (19%).
Executives
Jesse Michael Bruff officer: SVP Finance, CFO 3100 HANSEN WAY, PALO ALTO CA 94304
Magnus Momsen officer: SVP, CAO, Corporate Controller VARIAN MEDICAL SYSTEMS INC. 3100 HANSEN WAY MAIL STOP E327 PALO ALTO CA 94304
Dow R Wilson director, officer: President and CEO VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 94304
Kolleen T Kennedy officer: Pres. Proton Solutions, CGO VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 94304
Christopher A. Toth officer: SVP and Pres. Oncology Systems 1252 COOLIDGE AVE., SAN JOSE CA 95125
Michael Damon Hutchinson officer: SVP,Chief Legal Officer, Secy 2825 AIRVIEW BLVD, KALAMAZOO MI 49002
Jean Luc Butel director ONE BAXTER PARKWAY, DEERFIELD IL 60015
John W Kuo officer: SVP, Gen Counsel and Secretary VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 94304
Judy Bruner director C/O SANDISK CORPORATION, 601 MCCARTHY BLVD., MILPITAS CA 95035
Beau Michelle Le director 800 N. MICHIGAN AVENUE #3703 CHICAGO IL 60611
Anat Ashkenazi director LILLY CORPORATE CENTER, INDIANAPOLIS IN 46285
Jeffrey R. Balser director 3657 RICHLAND AVE., NASHVILLE TN 37205
Regina E Dugan director VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 94304
David J Illingworth director 3100 HANSEN WAY PALO ALTO CA 94304
R Andrew Eckert director THREE RAVINIA DRIVE, ATLANTA GA 30346

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