Arix Bioscience (LSE:ARIX) Days Sales Outstanding : 13,383.33 (As of Jun. 2023)

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What is Arix Bioscience Days Sales Outstanding?

Arix Bioscience's average Accounts Receivable for the six months ended in Jun. 2023 was £1.98 Mil. Arix Bioscience's Revenue for the six months ended in Jun. 2023 was £0.03 Mil. Hence, Arix Bioscience's Days Sales Outstanding for the six months ended in Jun. 2023 was 13,383.33.

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

LSE:ARIX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 86.97 Med: 815.4 Max: 8617.79
Current: 8617.79

During the past 7 years, Arix Bioscience's highest Days Sales Outstanding was 8617.79. The lowest was 86.97. And the median was 815.40.

LSE:ARIX's Days Sales Outstanding is not ranked
in the Biotechnology industry.
Industry Median: 72.665 vs LSE:ARIX: 8617.79

Arix Bioscience's Days Sales Outstanding increased from Jun. 2022 (4,874.52) to Jun. 2023 (13,383.33).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Arix Bioscience Days Sales Outstanding Historical Data

The historical data trend for Arix Bioscience'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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Arix Bioscience Days Sales Outstanding Chart

Arix Bioscience Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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276.09

903.48

727.32

1,495.43

5,924.73

Arix Bioscience Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial								1,126.91	1,924.97	4,874.52	7,227.00	13,383.33

Competitive Comparison of Arix Bioscience's Days Sales Outstanding

For the Biotechnology subindustry, Arix Bioscience'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.

Arix Bioscience's Days Sales Outstanding Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Arix Bioscience's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Arix Bioscience's Days Sales Outstanding falls into.

Arix Bioscience 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.

Arix Bioscience's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (1.656	+	1.98)	/	2 )	/	0.112	*	365
=	1.818					/	0.112	*	365
=	5,924.73

Arix Bioscience's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (1.98	+	0)	/	1 )	/	0.027	*	365 / 2
=	1.98					/	0.027	*	365 / 2
=	13,383.33

Arix Bioscience (LSE:ARIX) Days Sales Outstanding Explanation

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

Arix Bioscience Days Sales Outstanding Related Terms

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Arix Bioscience (LSE:ARIX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Arix Bioscience PLC (LSE:ARIX) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 Duke Street, Duke Street House, London, GBR, W1K 6JL

Website

https://www.arixbioscience.com

Arix Bioscience PLC is a healthcare and life science company. Its business model is to source, finance, and develop healthcare and life science businesses that deliver or seek to deliver therapies to patients. Its segment includes sourcing, financing, and developing healthcare and life science businesses globally.

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