SurModics Days Sales Outstanding from 2010 to 2024

SRDX Stock  USD 39.33  0.14  0.36%   
SurModics Days Sales Outstanding yearly trend continues to be fairly stable with very little volatility. Days Sales Outstanding will likely drop to 43.65 in 2024. During the period from 2010 to 2024, SurModics Days Sales Outstanding regression line of annual values had r-squared of  0.47 and arithmetic mean of  51.63. View All Fundamentals
 
Days Sales Outstanding  
First Reported
2010-12-31
Previous Quarter
67.06054982
Current Value
43.65
Quarterly Volatility
18.0414879
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SurModics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SurModics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.6 M, Interest Expense of 4.2 M or Selling General Administrative of 62.6 M, as well as many indicators such as Price To Sales Ratio of 4.14, Dividend Yield of 0.0 or PTB Ratio of 5.67. SurModics financial statements analysis is a perfect complement when working with SurModics Valuation or Volatility modules.
  
Check out the analysis of SurModics Correlation against competitors.
For more information on how to buy SurModics Stock please use our How to Invest in SurModics guide.

Latest SurModics' Days Sales Outstanding Growth Pattern

Below is the plot of the Days Sales Outstanding of SurModics over the last few years. It is SurModics' Days Sales Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SurModics' overall financial position and show how it may be relating to other accounts over time.
Days Sales Outstanding10 Years Trend
Slightly volatile
   Days Sales Outstanding   
       Timeline  

SurModics Days Sales Outstanding Regression Statistics

Arithmetic Mean51.63
Geometric Mean48.94
Coefficient Of Variation34.94
Mean Deviation15.73
Median43.65
Standard Deviation18.04
Sample Variance325.50
Range58.1828
R-Value0.69
Mean Square Error185.56
R-Squared0.47
Significance0
Slope2.77
Total Sum of Squares4,557

SurModics Days Sales Outstanding History

2024 43.65
2023 67.06
2022 65.8
2021 88.37
2020 79.55
2019 62.23
2018 64.78

About SurModics Financial Statements

SurModics investors use historical fundamental indicators, such as SurModics' Days Sales Outstanding, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in SurModics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Sales Outstanding 67.06  43.65 

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Additional Tools for SurModics Stock Analysis

When running SurModics' price analysis, check to measure SurModics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SurModics is operating at the current time. Most of SurModics' value examination focuses on studying past and present price action to predict the probability of SurModics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SurModics' price. Additionally, you may evaluate how the addition of SurModics to your portfolios can decrease your overall portfolio volatility.