Meridian Bioscience (FRA:MR4) Days Sales Outstanding : 62.04 (As of Sep. 2022)

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What is Meridian Bioscience Days Sales Outstanding?

Meridian Bioscience's average Accounts Receivable for the three months ended in Sep. 2022 was €45.1 Mil. Meridian Bioscience's Revenue for the three months ended in Sep. 2022 was €66.3 Mil. Hence, Meridian Bioscience's Days Sales Outstanding for the three months ended in Sep. 2022 was 62.04.

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

FRA:MR4's Days Sales Outstanding is not ranked ^*
in the Medical Diagnostics & Research industry.
Industry Median: 69.345
* Ranked among companies with meaningful Days Sales Outstanding only.

Meridian Bioscience's Days Sales Outstanding increased from Sep. 2021 (56.78) to Sep. 2022 (62.04).

Meridian Bioscience Days Sales Outstanding Historical Data

The historical data trend for Meridian Bioscience'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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Meridian Bioscience Days Sales Outstanding Chart

Meridian Bioscience Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Days Sales Outstanding

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51.98

61.03

55.94

52.84

50.59

Meridian Bioscience Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Days Sales Outstanding	Get a 7-Day Free Trial															56.78	49.45	42.00	68.50	62.04

Competitive Comparison of Meridian Bioscience's Days Sales Outstanding

For the Diagnostics & Research subindustry, Meridian Bioscience'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.

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

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

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

Meridian Bioscience 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.

Meridian Bioscience's Days Sales Outstanding for the fiscal year that ended in Sep. 2022 is calculated as

	Days Sales Outstanding (A: Sep. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2021 )	+	Accounts Receivable (A: Sep. 2022 ))	/	count )	/	Revenue (A: Sep. 2022 )	*	Days in Period
=	( (45.533	+	47.707)	/	2 )	/	336.348	*	365
=	46.62					/	336.348	*	365
=	50.59

Meridian Bioscience's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

	Days Sales Outstanding (Q: Sep. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Sep. 2022 ))	/	count )	/	Revenue (A: Sep. 2022 )	*	Days in Period
=	( (42.486	+	47.707)	/	2 )	/	66.332	*	365 / 4
=	45.0965					/	66.332	*	365 / 4
=	62.04

Meridian Bioscience (FRA:MR4) Days Sales Outstanding Explanation

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

Meridian Bioscience Days Sales Outstanding Related Terms

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Meridian Bioscience (FRA:MR4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Meridian Bioscience Inc (FRA:MR4) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

3471 River Hills Drive, Cincinnati, OH, USA, 45244

Website

https://www.meridianbioscience.com

Meridian Bioscience Inc is an integrated life science company. It develops and distributes diagnostic tests and reagents, as well as biologic substances used by pharmaceutical and biotechnology companies. Its Diagnostics segment manufactures tests primarily for gastrointestinal, viral, respiratory, & parasitic infectious diseases. Its testing platforms include isothermal DNA amplification, rapid immunoassays, and enzyme-linked immunoassays. The Life sciences segment sells b-antigens, antibodies, and reagents in bulk to other diagnostic manufacturers, the agriculture industry, and researchers. It also manufactures proteins that biopharmaceutical companies use in new drugs and vaccines. The entity has a business presence in the US and other countries.

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