Biomerica's average Accounts Receivable for the
three
months ended in Feb. 2024 was $1.10 Mil. Biomerica's Revenue for the
three
months ended in Feb. 2024 was $1.02 Mil.
Hence, Biomerica's Days Sales Outstanding for the
three
months ended in Feb. 2024 was 98.56.
The historical rank and industry rank for Biomerica's Days Sales Outstanding or its related term are showing as below:
BMRA'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 21.56 Med: 76.51 Max: 94.16
Current: 68.93
During the past 13 years, Biomerica's highest Days Sales Outstanding was 94.16. The lowest was 21.56. And the median was 76.51.
BMRA's Days Sales Outstanding is ranked worse than 56.38% of 807
companies
in the Medical Devices & Instruments industry
Industry Median: 63.94
vs BMRA: 68.93
Biomerica's Days Sales Outstanding
increased
from Feb. 2023 (65.91) to Feb. 2024 (98.56).
Biomerica Days Sales Outstanding Historical Data
The historical data trend for Biomerica'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.
Competitive Comparison of Biomerica's Days Sales Outstanding
For the Medical Devices subindustry, Biomerica'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.
Biomerica's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Biomerica's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Biomerica's Days Sales Outstanding falls into.
Biomerica 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.
* 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.
Biomerica (NAS:BMRA) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Biomerica Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Biomerica's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Biomerica Inc is engaged in the development, manufacturing, and marketing of medical diagnostic products designed for the early detection and monitoring of chronic diseases and medical conditions. The company focuses on products for gastrointestinal diseases, food intolerances, diabetes, and certain esoteric tests. It operates in one segment namely, the design, development, marketing and sales of diagnostic kits. The majority of the company's revenue is earned from the Europe market.
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