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GuruFocus has detected 2 Warning Signs with Bioanalytical Systems Inc $BASI.
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Bioanalytical Systems Inc (NAS:BASI)
Days Sales Outstanding
29.20 (As of Sep. 2016)

Bioanalytical Systems Inc's account receivable for the three months ended in Sep. 2016 was $1.65 Mil. Bioanalytical Systems Inc's revenue for the three months ended in Sep. 2016 was $5.15 Mil. Hence, Bioanalytical Systems Inc's days sales outstanding for the three months ended in Sep. 2016 was 29.20.

BASI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.44   Max: 81.92
Current: 29.44

29.44
81.92

During the past 13 years, Bioanalytical Systems Inc's highest Days Sales Outstanding was 81.92. The lowest was 29.44. And the median was 46.62.

BASI's Days Sales Outstanding is ranked higher than
90% of the 165 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 64.52 vs. BASI: 29.44 )

Bioanalytical Systems Inc's days sales outstanding declined from Sep. 2015 (53.24) to Sep. 2016 (29.20).


Definition

Days sales outstanding measures of 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 receivables are being managed.

Account receivable can be measured by Days Sales Outstanding.

Bioanalytical Systems Inc's Days Sales Outstanding for the fiscal year that ended in Sep. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=1.649/20.441*365
=29.44

Bioanalytical Systems Inc's Days Sales Outstanding for the quarter that ended in Sep. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=1.649/5.154*365 / 4
=29.20

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

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


Related Terms

Account Receivable, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Bioanalytical Systems Inc Annual Data

Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15Sep16
DaysSalesOutstanding 74.5381.9265.2346.5444.8543.5559.8937.9646.7029.44

Bioanalytical Systems Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysSalesOutstanding 41.3636.3444.3148.2747.8853.2429.6644.9545.0929.20
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