Truscreen Group (ASX:TRU) Days Sales Outstanding : 35.73 (As of Sep. 2024)

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What is Truscreen Group Days Sales Outstanding?

Truscreen Group's average Accounts Receivable for the six months ended in Sep. 2024 was A$0.19 Mil. Truscreen Group's Revenue for the six months ended in Sep. 2024 was A$0.95 Mil. Hence, Truscreen Group's Days Sales Outstanding for the six months ended in Sep. 2024 was 35.73.

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

ASX:TRU' s Days Sales Outstanding Range Over the Past 10 Years
Min: 18.87 Med: 54.33 Max: 635.27
Current: 37.9

During the past 10 years, Truscreen Group's highest Days Sales Outstanding was 635.27. The lowest was 18.87. And the median was 54.33.

ASX:TRU's Days Sales Outstanding is ranked better than
85.12% of 813 companies
in the Medical Devices & Instruments industry
Industry Median: 66.28 vs ASX:TRU: 37.90

Truscreen Group's Days Sales Outstanding declined from Sep. 2023 (40.66) to Sep. 2024 (35.73).

Truscreen Group Days Sales Outstanding Historical Data

The historical data trend for Truscreen Group'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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Truscreen Group Days Sales Outstanding Chart

Truscreen Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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41.48

36.19

59.78

48.87

18.95

Truscreen Group Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															84.85	54.45	40.66	25.57	35.73

Competitive Comparison of Truscreen Group's Days Sales Outstanding

For the Medical Devices subindustry, Truscreen Group'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.

Truscreen Group's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

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

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

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Truscreen Group 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.

Truscreen Group's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (0.158	+	0.045)	/	2 )	/	1.955	*	365
=	0.1015					/	1.955	*	365
=	18.95

Truscreen Group's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (0.045	+	0.327)	/	2 )	/	0.95	*	365 / 2
=	0.186					/	0.95	*	365 / 2
=	35.73

Truscreen Group (ASX:TRU) Days Sales Outstanding Explanation

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

Truscreen Group Days Sales Outstanding Related Terms

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Truscreen Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Truscreen Group Ltd (ASX:TRU) » Definitions » Days Sales Outstanding

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TRU:New Zealand

Address

C/- HLB Mann Judd Limited, 57 Symonds Street, Level 6, Equitable House, Grafton, Auckland, NZL, 1010

Website

https://www.truscreen.com

Truscreen Group Ltd is a medical device company. The company manufactures and distributes the Truscreen Cervical Cancer screening system which comprises a medical device and process designed to detect the presence in real-time of precancerous and cancerous tissue on the cervix. The product utilizes technology to detect the pre-cancerous change, or cervical intraepithelial neoplasia (CIN), by optical and electrical measurements of cervical tissue. Geographically, the company operates its business in New Zealand, Mexico, China, Russia, Zimbabwe, Vietnam, and other countries. Maximum revenue is generated from China.