Aroa Biosurgery (ASX:ARX) Days Sales Outstanding : 87.48 (As of Sep. 2023)

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What is Aroa Biosurgery Days Sales Outstanding?

Aroa Biosurgery's average Accounts Receivable for the six months ended in Sep. 2023 was A$13.89 Mil. Aroa Biosurgery's Revenue for the six months ended in Sep. 2023 was A$28.98 Mil. Hence, Aroa Biosurgery's Days Sales Outstanding for the six months ended in Sep. 2023 was 87.48.

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

ASX:ARX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 60.43 Med: 64.91 Max: 99.03
Current: 99.03

During the past 4 years, Aroa Biosurgery's highest Days Sales Outstanding was 99.03. The lowest was 60.43. And the median was 64.91.

ASX:ARX's Days Sales Outstanding is ranked worse than
78.44% of 807 companies
in the Medical Devices & Instruments industry
Industry Median: 63.94 vs ASX:ARX: 99.03

Aroa Biosurgery's Days Sales Outstanding declined from Sep. 2022 (118.89) to Sep. 2023 (87.48).

Aroa Biosurgery Days Sales Outstanding Historical Data

The historical data trend for Aroa Biosurgery'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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Aroa Biosurgery Days Sales Outstanding Chart

Aroa Biosurgery Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

87.99

60.43

64.91

Aroa Biosurgery Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial			74.21	94.67	118.89	93.78	87.48

Competitive Comparison of Aroa Biosurgery's Days Sales Outstanding

For the Medical Devices subindustry, Aroa Biosurgery'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.

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

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

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

Aroa Biosurgery 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.

Aroa Biosurgery's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (9.652	+	11.443)	/	2 )	/	59.309	*	365
=	10.5475					/	59.309	*	365
=	64.91

Aroa Biosurgery's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (11.443	+	16.334)	/	2 )	/	28.975	*	365 / 2
=	13.8885					/	28.975	*	365 / 2
=	87.48

Aroa Biosurgery (ASX:ARX) Days Sales Outstanding Explanation

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

Aroa Biosurgery Days Sales Outstanding Related Terms

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Aroa Biosurgery (ASX:ARX) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

64 Richard Pearse Drive, Mangere, Airport Oaks, Auckland, NZL, 2022

Website

https://www.aroabio.com

Aroa Biosurgery Ltd is a soft tissue regeneration company which develops, manufactures and sells medical devices for wound and soft tissue repair using its proprietary extracellular matrix (ECM) technology. It is focused on improving the rate and quality of healing in complex wounds and soft tissue reconstruction. The Company is in the business of developing, manufacturing and selling soft tissue repair products. The company's principal market is the United States where it has five key products for sale targeting chronic wounds, hernia, plastics, reconstructive surgery and trauma/limb salvage/tumor surgery.

Aroa Biosurgery (ASX:ARX) Headlines

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