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Avitar (Avitar) Days Sales Outstanding : 36.32 (As of Dec. 2007)


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What is Avitar Days Sales Outstanding?

Avitar's average Accounts Receivable for the three months ended in Dec. 2007 was $0.20 Mil. Avitar's Revenue for the three months ended in Dec. 2007 was $0.51 Mil. Hence, Avitar's Days Sales Outstanding for the three months ended in Dec. 2007 was 36.32.

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

AVTI's Days Sales Outstanding is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 64.21
* Ranked among companies with meaningful Days Sales Outstanding only.

Avitar's Days Sales Outstanding declined from Dec. 2006 (46.88) to Dec. 2007 (36.32).


Avitar Days Sales Outstanding Historical Data

The historical data trend for Avitar'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.

Avitar Days Sales Outstanding Chart

Avitar Annual Data
Trend Sep98 Sep99 Sep00 Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.97 52.01 49.14 47.65 48.83

Avitar Quarterly Data
Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 46.88 35.96 22.31 28.84 36.32

Competitive Comparison of Avitar's Days Sales Outstanding

For the Medical Devices subindustry, Avitar'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.


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

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

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



Avitar 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.

Avitar's Days Sales Outstanding for the fiscal year that ended in Sep. 2007 is calculated as

Days Sales Outstanding (A: Sep. 2007 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2006 ) + Accounts Receivable (A: Sep. 2007 )) / count ) / Revenue (A: Sep. 2007 )*Days in Period
=( (0.602 + 0.229) / 2 ) / 3.106*365
=0.4155 / 3.106*365
=48.83

Avitar's Days Sales Outstanding for the quarter that ended in Dec. 2007 is calculated as:

Days Sales Outstanding (Q: Dec. 2007 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2007 ) + Accounts Receivable (A: Dec. 2007 )) / count ) / Revenue (A: Dec. 2007 )*Days in Period
=( (0.229 + 0.173) / 2 ) / 0.505*365 / 4
=0.201 / 0.505*365 / 4
=36.32

* 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.


Avitar  (OTCPK:AVTI) Days Sales Outstanding Explanation

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


Avitar Days Sales Outstanding Related Terms

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Avitar (Avitar) Business Description

Traded in Other Exchanges
N/A
Address
5005 Elbow Drive SW, Suite 207, Calgary, AB, CAN, T2S 1T9
Website
Avitar Inc, through its subsidiary Avitar Technologies, develops, manufactures, and markets products for oral fluid diagnostics, disease and clinical testing, and wound treating.

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