Next Science (ASX:NXS) Days Sales Outstanding : 45.55 (As of Dec. 2023)

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What is Next Science Days Sales Outstanding?

Next Science's average Accounts Receivable for the six months ended in Dec. 2023 was A$4.50 Mil. Next Science's Revenue for the six months ended in Dec. 2023 was A$18.03 Mil. Hence, Next Science's Days Sales Outstanding for the six months ended in Dec. 2023 was 45.55.

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

ASX:NXS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 37.6 Med: 83.31 Max: 264.33
Current: 41.78

During the past 6 years, Next Science's highest Days Sales Outstanding was 264.33. The lowest was 37.60. And the median was 83.31.

ASX:NXS's Days Sales Outstanding is ranked better than
78.39% of 995 companies
in the Drug Manufacturers industry
Industry Median: 71.56 vs ASX:NXS: 41.78

Next Science's Days Sales Outstanding declined from Dec. 2022 (50.80) to Dec. 2023 (45.55).

Next Science Days Sales Outstanding Historical Data

The historical data trend for Next Science'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.

Next Science Days Sales Outstanding Chart

Next Science Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

99.47

264.33

83.31

37.60

41.51

Next Science Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial					29.10	47.95	50.80	37.50	45.55

Competitive Comparison of Next Science's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, Next Science'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.

Next Science's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Next Science's Days Sales Outstanding distribution charts can be found below:

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

Next Science 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.

Next Science'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
=	( (2.365	+	5.171)	/	2 )	/	33.135	*	365
=	3.768					/	33.135	*	365
=	41.51

Next Science'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (3.828	+	5.171)	/	2 )	/	18.028	*	365 / 2
=	4.4995					/	18.028	*	365 / 2
=	45.55

Next Science (ASX:NXS) Days Sales Outstanding Explanation

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

Next Science Days Sales Outstanding Related Terms

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Next Science (ASX:NXS) Business Description

Industry

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NXSCF:USA

Address

821 Pacific Highway, Suite 1902, Level 19, Tower A, The Zenith Building, Chatswood, NSW, AUS, 2067

Website

https://www.nextscience.com

Next Science Ltd is a medical technology company. It is engaged in the development and commercialization of its proprietary Xbio technology to reduce the impact of biofilm-based infections in human health. Xbio is a non-toxic technology with proven efficacy in eradicating both biofilm based and free-floating bacteria. Its products include Bactisure, SURGX, XEPERIENCE and BLASTX. The company derives revenue from the U.S. and Australia, of which prime revenue is derived from the U.S.

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