Synlab AG (FRA:SYAB) Days Sales Outstanding : 57.27 (As of Dec. 2023)

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What is Synlab AG Days Sales Outstanding?

Synlab AG's average Accounts Receivable for the three months ended in Dec. 2023 was €405 Mil. Synlab AG's Revenue for the three months ended in Dec. 2023 was €645 Mil. Hence, Synlab AG's Days Sales Outstanding for the three months ended in Dec. 2023 was 57.27.

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

FRA:SYAB' s Days Sales Outstanding Range Over the Past 10 Years
Min: 56.59 Med: 59.31 Max: 74.49
Current: 59.36

During the past 4 years, Synlab AG's highest Days Sales Outstanding was 74.49. The lowest was 56.59. And the median was 59.31.

FRA:SYAB's Days Sales Outstanding is ranked better than
66.82% of 223 companies
in the Medical Diagnostics & Research industry
Industry Median: 69.51 vs FRA:SYAB: 59.36

Synlab AG's Days Sales Outstanding declined from Dec. 2022 (60.10) to Dec. 2023 (57.27).

Synlab AG Days Sales Outstanding Historical Data

The historical data trend for Synlab AG'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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Synlab AG Days Sales Outstanding Chart

Synlab AG Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

74.49

56.59

60.39

58.22

Synlab AG Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial										60.10	58.23	60.57	62.75	57.27

Competitive Comparison of Synlab AG's Days Sales Outstanding

For the Diagnostics & Research subindustry, Synlab AG'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.

Synlab AG's Days Sales Outstanding Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Synlab AG's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Synlab AG's Days Sales Outstanding falls into.

Synlab AG 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.

Synlab AG'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
=	( (443.089	+	397.601)	/	2 )	/	2635.163	*	365
=	420.345					/	2635.163	*	365
=	58.22

Synlab AG'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
=	( (412.333	+	397.601)	/	2 )	/	645.292	*	365 / 4
=	404.967					/	645.292	*	365 / 4
=	57.27

Synlab AG (FRA:SYAB) Days Sales Outstanding Explanation

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

Synlab AG Days Sales Outstanding Related Terms

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Synlab AG (FRA:SYAB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Synlab AG (FRA:SYAB) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SYAB:Germany

Address

Moosacher Strasse 88, Augsburg, BY, DEU, 80809

Website

https://www.synlab.de

Synlab AG is a medical diagnostics services provider in Europe. It offers a range of medical diagnostic services for practising doctors, clinics, and patients. Its geographical segments include France; Germany; South and North and East. The company derives a majority of revenue from the North and East.

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