Vitrolife AB (FRA:VTFN) Days Sales Outstanding : 58.80 (As of Mar. 2024)

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What is Vitrolife AB Days Sales Outstanding?

Vitrolife AB's average Accounts Receivable for the three months ended in Mar. 2024 was €47.9 Mil. Vitrolife AB's Revenue for the three months ended in Mar. 2024 was €74.3 Mil. Hence, Vitrolife AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 58.80.

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

FRA:VTFN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 46.59 Med: 50.41 Max: 65.95
Current: 54.14

During the past 13 years, Vitrolife AB's highest Days Sales Outstanding was 65.95. The lowest was 46.59. And the median was 50.41.

FRA:VTFN's Days Sales Outstanding is ranked better than
64.29% of 812 companies
in the Medical Devices & Instruments industry
Industry Median: 65.015 vs FRA:VTFN: 54.14

Vitrolife AB's Days Sales Outstanding increased from Mar. 2023 (51.19) to Mar. 2024 (58.80).

Vitrolife AB Days Sales Outstanding Historical Data

The historical data trend for Vitrolife 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.

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Vitrolife AB Days Sales Outstanding Chart

Vitrolife AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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51.54

64.91

66.18

49.24

50.14

Vitrolife AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															51.19	53.28	55.39	48.24	58.80

Competitive Comparison of Vitrolife AB's Days Sales Outstanding

For the Medical Devices subindustry, Vitrolife 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.

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

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

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

Vitrolife 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.

Vitrolife 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
=	( (41.297	+	44.967)	/	2 )	/	313.963	*	365
=	43.132					/	313.963	*	365
=	50.14

Vitrolife 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
=	( (44.967	+	50.81)	/	2 )	/	74.315	*	365 / 4
=	47.8885					/	74.315	*	365 / 4
=	58.80

Vitrolife AB (FRA:VTFN) Days Sales Outstanding Explanation

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

Vitrolife AB Days Sales Outstanding Related Terms

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Vitrolife AB (FRA:VTFN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Vitrolife AB (FRA:VTFN) » Definitions » Days Sales Outstanding

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VITR:Sweden 0YAY:UK

Address

Box 9080, Gothenburg, SWE, 400 92

Website

https://www.vitrolife.com

Vitrolife AB provides medical devices and genetic testing services intended for the reproductive-health market in the field of reproductive health. The company develops, manufactures, and distributes medical devices and provides genetic testing services for IVF clinics and their patients. Its mission is to support IVF clinics (in vitro fertilization) in enhancing their practice as well as the outcome of a patient's fertility treatment, thereby enabling patients to receive advanced support to navigate the complexities of reproductive health through successful outcomes and patient satisfaction.

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