Rockwell Medical (FRA:RWMA) Days Sales Outstanding : 42.26 (As of Dec. 2023)

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What is Rockwell Medical Days Sales Outstanding?

Rockwell Medical's average Accounts Receivable for the three months ended in Dec. 2023 was €9.38 Mil. Rockwell Medical's Revenue for the three months ended in Dec. 2023 was €20.26 Mil. Hence, Rockwell Medical's Days Sales Outstanding for the three months ended in Dec. 2023 was 42.26.

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

FRA:RWMA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.57 Med: 32.34 Max: 40.61
Current: 33.14

During the past 13 years, Rockwell Medical's highest Days Sales Outstanding was 40.61. The lowest was 24.57. And the median was 32.34.

FRA:RWMA's Days Sales Outstanding is ranked better than
85.9% of 1000 companies
in the Drug Manufacturers industry
Industry Median: 72.34 vs FRA:RWMA: 33.14

Rockwell Medical's Days Sales Outstanding increased from Dec. 2022 (33.41) to Dec. 2023 (42.26).

Rockwell Medical Days Sales Outstanding Historical Data

The historical data trend for Rockwell Medical'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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Rockwell Medical Days Sales Outstanding Chart

Rockwell Medical Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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32.81

25.74

28.84

29.58

37.86

Rockwell Medical 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	Get a 7-Day Free Trial															33.41	28.64	29.03	28.20	42.26

Competitive Comparison of Rockwell Medical's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, Rockwell Medical'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.

Rockwell Medical's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

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

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

Rockwell Medical 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.

Rockwell Medical'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
=	( (5.908	+	9.996)	/	2 )	/	76.672	*	365
=	7.952					/	76.672	*	365
=	37.86

Rockwell Medical'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
=	( (8.771	+	9.996)	/	2 )	/	20.259	*	365 / 4
=	9.3835					/	20.259	*	365 / 4
=	42.26

Rockwell Medical (FRA:RWMA) Days Sales Outstanding Explanation

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

Rockwell Medical Days Sales Outstanding Related Terms

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Rockwell Medical (FRA:RWMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Rockwell Medical Inc (FRA:RWMA) » Definitions » Days Sales Outstanding

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RMTI:USA

Address

30142 S. Wixom Road, Wixom, MI, USA, 48393

Website

https://www.rockwellmed.com

Rockwell Medical Inc is a healthcare company that develops, manufactures, commercializes, and distributes a portfolio of hemodialysis products for dialysis providers. Rockwell Medical's mission is to provide dialysis clinics and patients with the highest quality products supported by the best customer service in the industry. It is focused on innovative, long-term growth strategies that enhance products, processes, and people, enabling the company to deliver exceptional value to the healthcare system and provide a positive impact on the lives of hemodialysis patients.

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