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Span-America Medical Systems (Span-America Medical Systems) Days Sales Outstanding : 44.15 (As of Mar. 2017)


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What is Span-America Medical Systems Days Sales Outstanding?

Span-America Medical Systems's average Accounts Receivable for the three months ended in Mar. 2017 was $7.37 Mil. Span-America Medical Systems's Revenue for the three months ended in Mar. 2017 was $15.23 Mil. Hence, Span-America Medical Systems's Days Sales Outstanding for the three months ended in Mar. 2017 was 44.15.

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

SPAN's Days Sales Outstanding is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 64.66
* Ranked among companies with meaningful Days Sales Outstanding only.

Span-America Medical Systems's Days Sales Outstanding declined from Mar. 2016 (48.43) to Mar. 2017 (44.15).


Span-America Medical Systems Days Sales Outstanding Historical Data

The historical data trend for Span-America 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.

Span-America Medical Systems Days Sales Outstanding Chart

Span-America Medical Systems Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.96 39.61 44.57 38.78 42.89

Span-America Medical Systems Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 48.43 36.89 40.00 46.09 44.15

Competitive Comparison of Span-America Medical Systems's Days Sales Outstanding

For the Medical Devices subindustry, Span-America 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.


Span-America Medical Systems's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

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

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



Span-America 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.

Span-America Medical Systems's Days Sales Outstanding for the fiscal year that ended in Sep. 2016 is calculated as

Days Sales Outstanding (A: Sep. 2016 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2015 ) + Accounts Receivable (A: Sep. 2016 )) / count ) / Revenue (A: Sep. 2016 )*Days in Period
=( (7.814 + 8.08) / 2 ) / 67.627*365
=7.947 / 67.627*365
=42.89

Span-America Medical Systems's Days Sales Outstanding for the quarter that ended in Mar. 2017 is calculated as:

Days Sales Outstanding (Q: Mar. 2017 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2016 ) + Accounts Receivable (A: Mar. 2017 )) / count ) / Revenue (A: Mar. 2017 )*Days in Period
=( (7.299 + 7.434) / 2 ) / 15.226*365 / 4
=7.3665 / 15.226*365 / 4
=44.15

* 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.


Span-America Medical Systems  (NAS:SPAN) Days Sales Outstanding Explanation

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


Span-America Medical Systems Days Sales Outstanding Related Terms

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Span-America Medical Systems (Span-America Medical Systems) Business Description

Traded in Other Exchanges
N/A
Address
Span-America Medical Systems Inc was incorporated under the laws of the state of South Carolina on September 21, 1970. The Company manufactures and distributes therapeutic support surfaces, mattress overlays, patient positioners, seating cushions, skin care products and fall prevention products for the medical market and pillows, mattress pads and various foam products for the custom products market throughout the United States and Canada. Its operations are divided into two main business units or segments: medical and custom products. The Company's main medical products consist of polyurethane foam mattress overlays, therapeutic support surfaces (which consist of non-powered and powered therapeutic support surfaces) and patient positioners as well as Selan (r) skin care, seating and fall protection products. The Company's custom products segment includes two product lines namely consumer bedding products and various engineered industrial products. The Company's consumer product line consists mainly of convoluted and contour-cut mattress overlays and specially designed pillows for the consumer bedding market. It sells these products mainly in North America to customers in the segments of the health care market, including acute care hospitals, long-term care facilities and home health care providers. The Company's manufacturing operations are subject to various government regulations pertaining to the discharge of materials into the environment.
Executives
Terry Allison Rappuhn director P O BOX 58062, NASHVILLE TN 37205
Thomas Joseph Sullivan director 64 PETTIT PL PRINCETON NJ 08540
Robert B Johnston director

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