Neogen's average Accounts Receivable for the
three
months ended in Feb. 2024 was $162.0 Mil. Neogen's Revenue for the
three
months ended in Feb. 2024 was $228.8 Mil.
Hence, Neogen's Days Sales Outstanding for the
three
months ended in Feb. 2024 was 64.62.
The historical rank and industry rank for Neogen's Days Sales Outstanding or its related term are showing as below:
NEOG'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 56.12 Med: 69.08 Max: 73
Current: 59.82
During the past 13 years, Neogen's highest Days Sales Outstanding was 73.00. The lowest was 56.12. And the median was 69.08.
NEOG's Days Sales Outstanding is ranked better than 64.44% of 225
companies
in the Medical Diagnostics & Research industry
Industry Median: 69.24
vs NEOG: 59.82
Neogen's Days Sales Outstanding
increased
from Feb. 2023 (60.44) to Feb. 2024 (64.62).
Neogen Days Sales Outstanding Historical Data
The historical data trend for Neogen'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 Neogen's Days Sales Outstanding
For the Diagnostics & Research subindustry, Neogen'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.
Neogen's Days Sales Outstanding Distribution in the Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Neogen's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Neogen's Days Sales Outstanding falls into.
Neogen 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.
Neogen (NAS:NEOG) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Neogen Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Neogen's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Neogen Corporation, headquartered in Lansing, Michigan, develops, manufactures, and markets various products for food and animal safety. In food safety (70% of post-merger sales), Neogen performs diagnostics to detect unintended substances in food and animal feed, such as pathogens, allergens, and drug residues, for food and feed processing companies. In animal safety (20% of post-merger sales), Neogen sells veterinary instruments, pharmaceuticals, disinfectants, and genomics tests for animals, including cattle, horses, and canines. Sales in the United States account for 60% of total revenue, while international markets, including Canada, Europe, Asia, and Latin America, account for the remaining 40%.
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