Biocept's average Accounts Receivable for the
three
months ended in Jun. 2023 was $0.96 Mil. Biocept's Revenue for the
three
months ended in Jun. 2023 was $0.59 Mil.
Hence, Biocept's Days Sales Outstanding for the
three
months ended in Jun. 2023 was 148.11.
The historical rank and industry rank for Biocept's Days Sales Outstanding or its related term are showing as below:
BIOCQ'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.23 Med: 65.41 Max: 2003.03
Current: 2003.03
During the past 12 years, Biocept's highest Days Sales Outstanding was 2003.03. The lowest was 9.23. And the median was 65.41.
BIOCQ's Days Sales Outstanding is ranked worse than 98.67% of 225
companies
in the Medical Diagnostics & Research industry
Industry Median: 69.24
vs BIOCQ: 2003.03
Biocept's Days Sales Outstanding
declined
from Jun. 2022 (264.44) to Jun. 2023 (148.11).
Warning Sign:
If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.
Biocept Days Sales Outstanding Historical Data
The historical data trend for Biocept'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.
Competitive Comparison of Biocept's Days Sales Outstanding
For the Diagnostics & Research subindustry, Biocept'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.
Biocept's Days Sales Outstanding Distribution in the Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Biocept's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Biocept's Days Sales Outstanding falls into.
Biocept 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.
* 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.
Biocept (OTCPK:BIOCQ) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Biocept Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Biocept's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Biocept Inc develops and commercializes molecular diagnostic assays that provide physicians with clinically actionable information for treating and monitoring patients diagnosed with a variety of cancers. In addition to its portfolio of blood-based liquid biopsy assays, Biocept has developed the CNSide cerebrospinal fluid assay that detects cancer that has metastasized to the central nervous system. Biocept's patented Target Selector technology captures and quantitatively analyzes CSF tumor cells for tumor-associated molecular markers, using technology first developed for use in blood. It is also leveraging its molecular diagnostic capabilities to offer nationwide COVID-19 RT-PCR testing to support public health efforts during this unprecedented pandemic.
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