ZimVie (STU:O23) Days Sales Outstanding : 51.68 (As of Mar. 2024)

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What is ZimVie Days Sales Outstanding?

ZimVie's average Accounts Receivable for the three months ended in Mar. 2024 was €61.6 Mil. ZimVie's Revenue for the three months ended in Mar. 2024 was €108.7 Mil. Hence, ZimVie's Days Sales Outstanding for the three months ended in Mar. 2024 was 51.68.

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

STU:O23' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.74 Med: 76.53 Max: 138.31
Current: 131.57

During the past 6 years, ZimVie's highest Days Sales Outstanding was 138.31. The lowest was 52.74. And the median was 76.53.

STU:O23's Days Sales Outstanding is ranked worse than
86.81% of 811 companies
in the Medical Devices & Instruments industry
Industry Median: 64.21 vs STU:O23: 131.57

ZimVie's Days Sales Outstanding declined from Mar. 2023 (91.98) to Mar. 2024 (51.68).

ZimVie Days Sales Outstanding Historical Data

The historical data trend for ZimVie'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.

ZimVie Days Sales Outstanding Chart

ZimVie Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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65.32

80.11

132.98

87.06

53.53

ZimVie Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial												91.98	70.03	71.87	-	51.68

Competitive Comparison of ZimVie's Days Sales Outstanding

For the Medical Devices subindustry, ZimVie'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.

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

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

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

ZimVie 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.

ZimVie'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
=	( (63.277	+	59.759)	/	2 )	/	419.466	*	365
=	61.518					/	419.466	*	365
=	53.53

ZimVie's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (59.759	+	63.417)	/	2 )	/	108.739	*	365 / 4
=	61.588					/	108.739	*	365 / 4
=	51.68

ZimVie (STU:O23) Days Sales Outstanding Explanation

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

ZimVie Days Sales Outstanding Related Terms

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ZimVie (STU:O23) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » ZimVie Inc (STU:O23) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

ZIMV:USA O23:Germany

Address

10225 Westmoor Drive, Westminster, CO, USA, 80021

Website

https://www.zimvie.com

ZimVie Inc is focused on the dental and spine markets and their respective growth drivers such as implants, surgical tools, bone graft substitutes, spinal fusion implants, non-fusion alternatives, and digital care management solutions. Business is organized into two operating segments the spine products segment and the dental products segment.

ZimVie (STU:O23) Headlines

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