Oventus Medical (ASX:OVN) Days Sales Outstanding : 54.35 (As of Dec. 2021)

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What is Oventus Medical Days Sales Outstanding?

Oventus Medical's average Accounts Receivable for the six months ended in Dec. 2021 was A$0.17 Mil. Oventus Medical's Revenue for the six months ended in Dec. 2021 was A$0.55 Mil. Hence, Oventus Medical's Days Sales Outstanding for the six months ended in Dec. 2021 was 54.35.

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

ASX:OVN's Days Sales Outstanding is not ranked ^*
in the Medical Devices & Instruments industry.
Industry Median: 65.41
* Ranked among companies with meaningful Days Sales Outstanding only.

Oventus Medical's Days Sales Outstanding declined from Dec. 2020 (58.40) to Dec. 2021 (54.35).

Oventus Medical Days Sales Outstanding Historical Data

The historical data trend for Oventus Medical'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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Oventus Medical Days Sales Outstanding Chart

Oventus Medical Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Days Sales Outstanding

87.99

130.65

85.75

65.33

39.35

Oventus Medical Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
Days Sales Outstanding	Get a 7-Day Free Trial						68.92	60.04	58.40	72.29	54.35

Competitive Comparison of Oventus Medical's Days Sales Outstanding

For the Medical Devices subindustry, Oventus Medical'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.

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

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

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

Oventus Medical 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.

Oventus Medical's Days Sales Outstanding for the fiscal year that ended in Jun. 2021 is calculated as

	Days Sales Outstanding (A: Jun. 2021 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2020 )	+	Accounts Receivable (A: Jun. 2021 ))	/	count )	/	Revenue (A: Jun. 2021 )	*	Days in Period
=	( (0.08	+	0.155)	/	2 )	/	1.09	*	365
=	0.1175					/	1.09	*	365
=	39.35

Oventus Medical's Days Sales Outstanding for the quarter that ended in Dec. 2021 is calculated as:

	Days Sales Outstanding (Q: Dec. 2021 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2021 )	+	Accounts Receivable (A: Dec. 2021 ))	/	count )	/	Revenue (A: Dec. 2021 )	*	Days in Period
=	( (0.155	+	0.175)	/	2 )	/	0.554	*	365 / 2
=	0.165					/	0.554	*	365 / 2
=	54.35

Oventus Medical (ASX:OVN) Days Sales Outstanding Explanation

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

Oventus Medical Days Sales Outstanding Related Terms

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Oventus Medical (ASX:OVN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Oventus Medical Ltd (ASX:OVN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Swann Road, Suite 1, PO Box 190, Indooroopilly, Brisbane, QLD, AUS, 4068

Website

https://www.o2vent.com

Oventus Medical Ltd is a medical device company. It is engaged in developing an oral appliance for the treatment of sleep apnoea and snoring. Its product includes O2Vent Optima . It offers oral appliance therapy, especially beneficial for the many people that suffer from nasal congestion, obstruction, and mouth breathing. The firm has two operating segments: Australia and North America.

Oventus Medical (ASX:OVN) Headlines

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