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Symmetry Surgical (FRA:RZV) Days Sales Outstanding : 51.44 (As of Sep. 2014)


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What is Symmetry Surgical Days Sales Outstanding?

Symmetry Surgical's average Accounts Receivable for the three months ended in Sep. 2014 was €42.0 Mil. Symmetry Surgical's Revenue for the three months ended in Sep. 2014 was €74.4 Mil. Hence, Symmetry Surgical's Days Sales Outstanding for the three months ended in Sep. 2014 was 51.44.

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

FRA:RZV' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.12   Med: 53.32   Max: 90.03
Current: 47.58

During the past 13 years, Symmetry Surgical's highest Days Sales Outstanding was 90.03. The lowest was 38.12. And the median was 53.32.

FRA:RZV's Days Sales Outstanding is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 64.88 vs FRA:RZV: 47.58

Symmetry Surgical's Days Sales Outstanding declined from Sep. 2013 (54.15) to Sep. 2014 (51.44).


Symmetry Surgical Days Sales Outstanding Historical Data

The historical data trend for Symmetry Surgical'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.

Symmetry Surgical Days Sales Outstanding Chart

Symmetry Surgical Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.49 43.06 51.86 50.81 53.45

Symmetry Surgical Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 54.15 46.23 49.26 51.36 51.44

Competitive Comparison of Symmetry Surgical's Days Sales Outstanding

For the Medical Devices subindustry, Symmetry Surgical'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.


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

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

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



Symmetry Surgical 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.

Symmetry Surgical's Days Sales Outstanding for the fiscal year that ended in Dec. 2013 is calculated as

Days Sales Outstanding (A: Dec. 2013 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2012 ) + Accounts Receivable (A: Dec. 2013 )) / count ) / Revenue (A: Dec. 2013 )*Days in Period
=( (47.696 + 37.823) / 2 ) / 291.994*365
=42.7595 / 291.994*365
=53.45

Symmetry Surgical's Days Sales Outstanding for the quarter that ended in Sep. 2014 is calculated as:

Days Sales Outstanding (Q: Sep. 2014 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2014 ) + Accounts Receivable (A: Sep. 2014 )) / count ) / Revenue (A: Sep. 2014 )*Days in Period
=( (42.659 + 41.268) / 2 ) / 74.446*365 / 4
=41.9635 / 74.446*365 / 4
=51.44

* 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.


Symmetry Surgical  (FRA:RZV) Days Sales Outstanding Explanation

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


Symmetry Surgical Days Sales Outstanding Related Terms

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Symmetry Surgical (FRA:RZV) Business Description

Traded in Other Exchanges
N/A
Address
Symmetry Medical, Inc., is a Delaware corporation incorporated on July 25, 1996. It is a source of medical device products. The Company provides medical device solutions, including surgical instruments, orthopedic implants, and sterilization cases and trays. The Company designs, develops and offers worldwide production and supply chain capabilities for these products to customers in the orthopedic industry and other medical device markets. It also manufactures specialized non-healthcare products, mainly in the aerospace industry. It operates in two reportable segments namely Original Equipment Manufacturer (OEM) Solutions and Symmetry Surgical. Its main products produced in the OEM Solutions segment include: implants, including forged, cast and machined products for the global orthopedic device market; instruments used in the placement and removal of orthopedic implants and in other surgical procedures; cases, including plastic, metal and hybrid cases used to organize, secure and transport medical devices for orthopedic, endoscopy, dental and other surgical procedures; and other specialized products for the aerospace market. Symmetry Surgical is its new business segment. It arose from the integration of the Codman and Olsen Medical lines of surgical instruments with its Company's already existing hospital direct business, Specialty Surgical Instrumentation (SSI). Symmetry Surgical, which is headquartered in Nashville, Tennessee offers reusable stainless steel and titanium surgical hand-held instruments and retractor systems, sterile disposable surgical products, and sterilization containers. These products are used in the surgical specialties of spine, general/obstetrics/gynecology, microsurgery/neurosurgery, orthopedics, and laparoscopy, cardiovascular, thoracic and general surgery in the hospital setting as well as surgery centers and in select physician offices. The Company's OEM Solutions segment has manufacturing facilities in the U.S., United Kingdom, France, Ireland and Malaysia. The Company's subject to federal, state and local environmental laws and regulations governing the emission, discharge, use, storage and disposal of hazardous materials and the remediation of contamination associated with the release of these materials at our facilities and at off-site disposal locations.

Symmetry Surgical (FRA:RZV) Headlines