Adocia (Adocia) Days Sales Outstanding : 43.99 (As of Jun. 2023)

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What is Adocia Days Sales Outstanding?

Adocia's average Accounts Receivable for the six months ended in Jun. 2023 was $0.43 Mil. Adocia's Revenue for the six months ended in Jun. 2023 was $1.76 Mil. Hence, Adocia's Days Sales Outstanding for the six months ended in Jun. 2023 was 43.99.

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

ADOIF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.13 Med: 28.57 Max: 156.24
Current: 24.42

During the past 14 years, Adocia's highest Days Sales Outstanding was 156.24. The lowest was 0.13. And the median was 28.57.

ADOIF's Days Sales Outstanding is ranked better than
89.31% of 889 companies
in the Biotechnology industry
Industry Median: 71.83 vs ADOIF: 24.42

Adocia's Days Sales Outstanding increased from Jun. 2022 (7.14) to Jun. 2023 (43.99).

Adocia Days Sales Outstanding Historical Data

The historical data trend for Adocia'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.

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Adocia Days Sales Outstanding Chart

Adocia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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30.89

142.72

52.33

10.97

77.05

Adocia Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															34.58	7.14	18.27	43.99	-

Competitive Comparison of Adocia's Days Sales Outstanding

For the Biotechnology subindustry, Adocia'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.

Adocia's Days Sales Outstanding Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Adocia's Days Sales Outstanding distribution charts can be found below:

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

Adocia 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.

Adocia's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (0.234	+	0.495)	/	2 )	/	12.126	*	365
=	0.3645					/	12.126	*	365
=	10.97

Adocia's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (0.495	+	0.355)	/	2 )	/	1.763	*	365 / 2
=	0.425					/	1.763	*	365 / 2
=	43.99

Adocia (OTCPK:ADOIF) Days Sales Outstanding Explanation

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

Adocia Days Sales Outstanding Related Terms

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Adocia (Adocia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Adocia (OTCPK:ADOIF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

ADOC:France A89:Germany

Address

115 Avenue Lacassagne, Lyon, FRA, 69003

Website

https://www.adocia.com

Adocia is a clinical-stage biotechnology company. It specializes in the development of formulations of already approved therapeutic proteins and peptides for the treatment of diabetes and other metabolic diseases. The firm has developed Biochaperone, a proprietary technology platform to enhance the effectiveness of therapeutic proteins. The company's clinical pipeline includes Biochaperone Lispro, Biochaparone Combo, Biochaparone Glucagon, and others. Its pre-clinical pipeline includes BioChaperone LisPram, BioChaperone Glargine GLP-1, and BioChaperone Glucagon GLP1. Its patent portfolio mainly consists of chronic wound healing, insulin therapy, and monoclonal antibodies.