ICARES Medicus (ROCO:6612) Days Sales Outstanding : 87.85 (As of Mar. 2024)

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What is ICARES Medicus Days Sales Outstanding?

ICARES Medicus's average Accounts Receivable for the three months ended in Mar. 2024 was NT$155.0 Mil. ICARES Medicus's Revenue for the three months ended in Mar. 2024 was NT$161.0 Mil. Hence, ICARES Medicus's Days Sales Outstanding for the three months ended in Mar. 2024 was 87.85.

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

ROCO:6612' s Days Sales Outstanding Range Over the Past 10 Years
Min: 23.05 Med: 62.1 Max: 90.22
Current: 90.22

During the past 11 years, ICARES Medicus's highest Days Sales Outstanding was 90.22. The lowest was 23.05. And the median was 62.10.

ROCO:6612's Days Sales Outstanding is ranked worse than
73.76% of 808 companies
in the Medical Devices & Instruments industry
Industry Median: 65.27 vs ROCO:6612: 90.22

ICARES Medicus's Days Sales Outstanding increased from Mar. 2023 (82.34) to Mar. 2024 (87.85).

ICARES Medicus Days Sales Outstanding Historical Data

The historical data trend for ICARES Medicus'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.

ICARES Medicus Days Sales Outstanding Chart

ICARES Medicus Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

64.67

76.68

67.81

74.11

78.82

ICARES Medicus Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															82.34	83.21	88.80	99.00	87.85

Competitive Comparison of ICARES Medicus's Days Sales Outstanding

For the Medical Instruments & Supplies subindustry, ICARES Medicus'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.

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

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

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

ICARES Medicus 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.

ICARES Medicus'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
=	( (124.767	+	136.715)	/	2 )	/	605.452	*	365
=	130.741					/	605.452	*	365
=	78.82

ICARES Medicus'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
=	( (136.715	+	173.303)	/	2 )	/	161.001	*	365 / 4
=	155.009					/	161.001	*	365 / 4
=	87.85

ICARES Medicus (ROCO:6612) Days Sales Outstanding Explanation

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

ICARES Medicus Days Sales Outstanding Related Terms

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ICARES Medicus (ROCO:6612) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » ICARES Medicus Inc (ROCO:6612) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 16, Sec.2, Sheng Yi Road, 4th Floor, Hsinchu County, Zhubei, TWN, 30261

Website

https://www.icaresmedicus.com

ICARES Medicus Inc is engaged in providing high-grade nanomedical lubricious coatings and various surface treatments for implantable or interventional medical devices and designing, development, manufacturing and sale of intraocular lenses and nanomedical devices. Its products include Artificial Lens.

ICARES Medicus (ROCO:6612) Headlines

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