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BICO Group AB (CHIX:BICOS) Days Sales Outstanding : 78.83 (As of Mar. 2024)


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What is BICO Group AB Days Sales Outstanding?

BICO Group AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr441 Mil. BICO Group AB's Revenue for the three months ended in Mar. 2024 was kr510 Mil. Hence, BICO Group AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 78.83.

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

CHIX:BICOs' s Days Sales Outstanding Range Over the Past 10 Years
Min: 68.23   Med: 98.94   Max: 123.6
Current: 70.87

During the past 8 years, BICO Group AB's highest Days Sales Outstanding was 123.60. The lowest was 68.23. And the median was 98.94.

CHIX:BICOs's Days Sales Outstanding is ranked worse than
58.04% of 808 companies
in the Medical Devices & Instruments industry
Industry Median: 64.88 vs CHIX:BICOs: 70.87

BICO Group AB's Days Sales Outstanding declined from Mar. 2023 (108.03) to Mar. 2024 (78.83).


BICO Group AB Days Sales Outstanding Historical Data

The historical data trend for BICO Group AB'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.

BICO Group AB Days Sales Outstanding Chart

BICO Group AB Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial 110.12 123.60 94.33 109.85 98.94

BICO Group AB Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 108.03 75.38 66.39 68.91 78.83

Competitive Comparison of BICO Group AB's Days Sales Outstanding

For the Medical Devices subindustry, BICO Group AB'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.


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

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

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



BICO Group AB 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.

BICO Group AB'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
=( (699.7 + 520) / 2 ) / 2249.9*365
=609.85 / 2249.9*365
=98.94

BICO Group AB's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding (Q: Mar. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (520 + 361.7) / 2 ) / 510.3*365 / 4
=440.85 / 510.3*365 / 4
=78.83

* 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.


BICO Group AB  (CHIX:BICOs) Days Sales Outstanding Explanation

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


BICO Group AB Days Sales Outstanding Related Terms

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BICO Group AB (CHIX:BICOS) Business Description

Traded in Other Exchanges
Address
Långfilsgatan 9, Gothenburg, SWE, 41277
BICO Group AB is a bio-convergence company. It is divided into three business areas: Bioprinting (CELLINK, MatTek, Visikol, and Nanoscribe), Biosciences (CYTENA, CYTENA Bioprocess Solutions, Dispendix, and Discover Echo), and Bioautomation (SCIENION, CELLENION, and Ginolis).

BICO Group AB (CHIX:BICOS) Headlines

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