MDxHealth (MDxHealth) Days Sales Outstanding : 54.65 (As of Mar. 2024)

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What is MDxHealth Days Sales Outstanding?

MDxHealth's average Accounts Receivable for the three months ended in Mar. 2024 was $11.88 Mil. MDxHealth's Revenue for the three months ended in Mar. 2024 was $19.83 Mil. Hence, MDxHealth's Days Sales Outstanding for the three months ended in Mar. 2024 was 54.65.

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

MDXH' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.9 Med: 161.83 Max: 398.09
Current: 47.9

During the past 13 years, MDxHealth's highest Days Sales Outstanding was 398.09. The lowest was 47.90. And the median was 161.83.

MDXH's Days Sales Outstanding is ranked better than
79.37% of 223 companies
in the Medical Diagnostics & Research industry
Industry Median: 69.51 vs MDXH: 47.90

MDxHealth's Days Sales Outstanding declined from Mar. 2023 (56.98) to Mar. 2024 (54.65).

MDxHealth Days Sales Outstanding Historical Data

The historical data trend for MDxHealth'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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MDxHealth Days Sales Outstanding Chart

MDxHealth Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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398.09

102.98

68.55

68.65

53.16

MDxHealth Quarterly Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															56.98	46.59	39.30	46.24	54.65

Competitive Comparison of MDxHealth's Days Sales Outstanding

For the Diagnostics & Research subindustry, MDxHealth'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.

MDxHealth's Days Sales Outstanding Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, MDxHealth's Days Sales Outstanding distribution charts can be found below:

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

MDxHealth 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.

MDxHealth'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
=	( (9.357	+	11.088)	/	2 )	/	70.193	*	365
=	10.2225					/	70.193	*	365
=	53.16

MDxHealth's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (11.088	+	12.669)	/	2 )	/	19.834	*	365 / 4
=	11.8785					/	19.834	*	365 / 4
=	54.65

MDxHealth (NAS:MDXH) Days Sales Outstanding Explanation

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

MDxHealth Days Sales Outstanding Related Terms

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MDxHealth (MDxHealth) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » MDxHealth SA (NAS:MDXH) » Definitions » Days Sales Outstanding

Comparable Companies

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Traded in Other Exchanges

N/A

Address

Rue d’Abhooz, 31, Cap Business Center, Herstal, Liege, BEL, 4040

Website

https://www.mdxhealth.com

MDxHealth SA is a multinational healthcare company that provides actionable molecular diagnostic information to personalize the diagnosis and treatment of cancer. Its tests are based on proprietary genomic, epigenetic, and other molecular technologies and assist physicians with the diagnosis of urologic cancers, the prognosis of recurrence risk, and prediction of response to a specific therapy. It derives revenues from clinical laboratory service testing or the out-licensing of the company's patented DNA methylation platform and biomarkers. Geographically, it derives revenue from the United States of America (USA), and Europe.