Ardelyx (Ardelyx) Days Sales Outstanding

: 86.69 (As of Dec. 2023)

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Ardelyx's average Accounts Receivable for the three months ended in Dec. 2023 was $32.6 Mil. Ardelyx's Revenue for the three months ended in Dec. 2023 was $34.4 Mil. Hence, Ardelyx's Days Sales Outstanding for the three months ended in Dec. 2023 was 86.69.

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

ARDX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.87 Med: 41.46 Max: 761.71
Current: 55.29

During the past 12 years, Ardelyx's highest Days Sales Outstanding was 761.71. The lowest was 5.87. And the median was 41.46.

ARDX's Days Sales Outstanding is ranked better than
63.7% of 887 companies
in the Biotechnology industry
Industry Median: 72.66 vs ARDX: 55.29

Ardelyx's Days Sales Outstanding increased from Dec. 2022 (13.36) to Dec. 2023 (86.69).

Ardelyx Days Sales Outstanding Historical Data

The historical data trend for Ardelyx'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.

Ardelyx Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

5.87

18.15

28.81

43.65

Ardelyx Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding																13.36	79.67	43.37	42.37	86.69

Competitive Comparison

For the Biotechnology subindustry, Ardelyx'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.

Ardelyx Days Sales Outstanding Distribution

For the Biotechnology industry and Healthcare sector, Ardelyx's Days Sales Outstanding distribution charts can be found below:

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

Ardelyx 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.

Ardelyx'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
=	( (7.733	+	22.031)	/	2 )	/	124.456	*	365
=	14.882					/	124.456	*	365
=	43.65

Ardelyx's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (43.263	+	22.031)	/	2 )	/	34.363	*	365 / 4
=	32.647					/	34.363	*	365 / 4
=	86.69

Ardelyx (NAS:ARDX) Days Sales Outstanding Explanation

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

Ardelyx Days Sales Outstanding Related Terms

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Ardelyx (Ardelyx) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Ardelyx Inc (NAS:ARDX) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

ARDX:Mexico 41X:Germany 41X:Germany

Address

400 Fifth Avenue, Suite 210, Waltham, MA, USA, 02451

Website

https://www.ardelyx.com

Ardelyx Inc is a biotechnology company focused on the discovery, development, and commercialization of molecule and polymeric therapeutics to treat the gastrointestinal tract and cardiorenal diseases. The company has a proprietary drug discovery and design platform. Its lead product candidate is tenapanor, which aims to reduce the absorption of dietary sodium and phosphorus for the treatment of kidney disease, irritable bowel syndrome with constipation, and hyperphosphatemia in patients with dialysis.

Executives

David P. Rosenbaum	officer: Chief Development Officer	C/O ARDELYX, INC., 34175 ARDENWOOD BLVD, SUITE 100, FREMONT CA 94555
Justin A Renz	officer: Chief Financial Officer	C/O KARYOPHARM THERAPEUTICS INC., 85 WELLS AVENUE, SECOND FLOOR, NEWTON MA 02459
Elizabeth A Grammer	officer: See Remarks	78TH FOURTH AVENUE, WALTHAM MA 02451
Robert Blanks	officer: See Remarks	C/O ARDELYX, 34175 ARDENWOOD BLVD., FREMONT CA 94555
Laura A Williams	officer: Chief Medical Officer	116 HUNTINGTON AVENUE, 6TH FLOOR, BOSTON MA 02116
Robert Ora Felsch	officer: See Remarks	C/O ARDELYX, INC., 34175 ARDENWOOD BLVD., FREMONT CA 94555
Michael Raab	director, officer: President & CEO	1119 ST PAUL STREET, BALTIMORE MD 21202
Susan Rodriguez	officer: Chief Commercial Officer	C/O ARDELYX, INC., 34175 ARDENWOOD BLVD, SUITE 200, FREMONT CA 94555
David M Mott	director	1119 ST. PAUL STREET, BALTIMORE MD 21202
Forest Baskett	10 percent owner
Scott D Sandell	10 percent owner
Jeffrey W Jacobs	officer: VP, Chemistry	C/O ARDELYX, INC., 34175 ARDENWOOD BLVD, SUITE 100, FREMONT CA 94555
Muna Bhanji	director	C/O CYTOKINETICS, INCORPORATED, 280 EAST GRAND AVENUE, SOUTH SAN FRANCISCO CA 94080
Keith Santorelli	officer: See Remarks	C/O ARDELYX, INC. 34175 ARDENWOOD BLVD, FREMONT CA 94555
Onaiza Cadoret-manier	director	2855 GAZELLE COURT, C/O IONIS PHARMACEUTICALS, INC., CARLSBAD CA 92010