Medistim ASA (OSTO:MEDIO) Days Sales Outstanding : 54.44 (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Medistim ASA Days Sales Outstanding?

Medistim ASA's average Accounts Receivable for the three months ended in Dec. 2023 was kr77.8 Mil. Medistim ASA's Revenue for the three months ended in Dec. 2023 was kr130.4 Mil. Hence, Medistim ASA's Days Sales Outstanding for the three months ended in Dec. 2023 was 54.44.

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

OSTO:MEDIO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 55.09 Med: 64.05 Max: 71.54
Current: 65.18

During the past 13 years, Medistim ASA's highest Days Sales Outstanding was 71.54. The lowest was 55.09. And the median was 64.05.

OSTO:MEDIO's Days Sales Outstanding is ranked worse than
51.3% of 807 companies
in the Medical Devices & Instruments industry
Industry Median: 63.94 vs OSTO:MEDIO: 65.18

Medistim ASA's Days Sales Outstanding declined from Dec. 2022 (65.37) to Dec. 2023 (54.44).

Medistim ASA Days Sales Outstanding Historical Data

The historical data trend for Medistim ASA'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.

* Premium members only.

Medistim ASA Days Sales Outstanding Chart

Medistim ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

68.00

61.31

55.09

63.91

61.62

Medistim ASA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															65.37	72.84	69.12	67.89	54.44

Competitive Comparison of Medistim ASA's Days Sales Outstanding

For the Medical Devices subindustry, Medistim ASA'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.

Medistim ASA's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Medistim ASA's Days Sales Outstanding distribution charts can be found below:

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

Medistim ASA 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.

Medistim ASA's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (101.657	+	74.303)	/	2 )	/	521.109	*	365
=	87.98					/	521.109	*	365
=	61.62

Medistim ASA's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (81.238	+	74.303)	/	2 )	/	130.364	*	365 / 4
=	77.7705					/	130.364	*	365 / 4
=	54.44

Medistim ASA (OSTO:MEDIO) Days Sales Outstanding Explanation

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

Medistim ASA Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Medistim ASA's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Medistim ASA (OSTO:MEDIO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Medistim ASA (OSTO:MEDIO) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

MEDI:Norway MD1:Germany

Address

Okernveien 94, Oslo, NOR, 0579

Website

https://www.medistim.com

Medistim ASA is a medical device company. It is engaged in researching, developing, producing, distributing and sales of medical equipment through its own business or through participation in other companies, as well related activities. The company's business is focused on cardiac and vascular surgery. The group operates in the USA, Europe, Asia and the Rest of the World. The firm's activity is split into three strategic operating units, Lease of equipment; Lease of equipment and Distribution and sales of third-party products.

Medistim ASA (OSTO:MEDIO) Headlines

No Headlines