Conformis's average Accounts Receivable for the
three
months ended in Jun. 2023 was $8.23 Mil. Conformis's Revenue for the
three
months ended in Jun. 2023 was $13.02 Mil.
Hence, Conformis's Days Sales Outstanding for the
three
months ended in Jun. 2023 was 57.70.
The historical rank and industry rank for Conformis's Days Sales Outstanding or its related term are showing as below:
CFMS'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.96 Med: 58.02 Max: 67.48
Current: 58.44
During the past 10 years, Conformis's highest Days Sales Outstanding was 67.48. The lowest was 34.96. And the median was 58.02.
CFMS's Days Sales Outstanding is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 64.66
vs CFMS: 58.44
Conformis's Days Sales Outstanding
declined
from Jun. 2022 (61.10) to Jun. 2023 (57.70).
Conformis Days Sales Outstanding Historical Data
The historical data trend for Conformis'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.
Competitive Comparison of Conformis's Days Sales Outstanding
For the Medical Devices subindustry, Conformis'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.
Conformis's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Conformis's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Conformis's Days Sales Outstanding falls into.
Conformis 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.
* 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.
Conformis (NAS:CFMS) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Conformis Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Conformis's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Conformis Inc is a United States-based medical technology company. It uses the iFit Image-to-Implant technology platform to develop, manufacture and sell joint replacement implants that are individually sized and shaped to fit each patient's anatomy. The company's iFit technology platform comprises three key elements which are iFit design, iFit printing, and iFit just-in-time delivery. It offers various partial and total knee replacement implants which include iTotal CR, iTotal PS, iDuo, and iUni. The company operates in the segment of the knee replacement market. Its total revenue is generated from the sale of its products to hospitals and other medical facilities. The majority of the company's revenue comes from the United States.
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