Instem (LSE:INS) Days Sales Outstanding : 87.34 (As of Jun. 2023)

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What is Instem Days Sales Outstanding?

Instem's average Accounts Receivable for the six months ended in Jun. 2023 was £14.23 Mil. Instem's Revenue for the six months ended in Jun. 2023 was £29.74 Mil. Hence, Instem's Days Sales Outstanding for the six months ended in Jun. 2023 was 87.34.

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

LSE:INS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50.56 Med: 63.72 Max: 97.07
Current: 86.26

During the past 13 years, Instem's highest Days Sales Outstanding was 97.07. The lowest was 50.56. And the median was 63.72.

LSE:INS's Days Sales Outstanding is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 46.205 vs LSE:INS: 86.26

Instem's Days Sales Outstanding declined from Jun. 2022 (89.20) to Jun. 2023 (87.34).

Instem Days Sales Outstanding Historical Data

The historical data trend for Instem'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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Instem Days Sales Outstanding Chart

Instem Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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79.50

57.93

50.56

57.93

75.25

Instem Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial															72.22	81.58	89.20	81.10	87.34

Competitive Comparison of Instem's Days Sales Outstanding

For the Health Information Services subindustry, Instem'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.

Instem's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Instem's Days Sales Outstanding distribution charts can be found below:

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

Instem 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.

Instem'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
=	( (11.165	+	13.114)	/	2 )	/	58.88	*	365
=	12.1395					/	58.88	*	365
=	75.25

Instem'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
=	( (13.114	+	15.353)	/	2 )	/	29.742	*	365 / 2
=	14.2335					/	29.742	*	365 / 2
=	87.34

Instem (LSE:INS) Days Sales Outstanding Explanation

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

Instem Days Sales Outstanding Related Terms

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Instem (LSE:INS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Instem PLC (LSE:INS) » Definitions » Days Sales Outstanding

Comparable Companies

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Address

Diamond Way, Stone Business Park, Stone, Staffordshire, GBR, ST15 0SD

Website

https://www.instem.com

Instem PLC acts as a supplier of IT applications and technology-enabled outsourced services to the global health and life sciences community. Its segments include Study Management, Regulatory Solutions, and In Silico Solutions, Clinical Trial Acceleration. The company generates maximum revenue from Study Management. Geographically, it derives a majority of its revenue from the United States and also has a presence in the Europe and Rest of the World. Its portfolio of software solutions includes Instem Cloud, SEND Data Conversion, KnowledgeScan, SENDReady Consulting, Solution Deployment, Validation, Data Management, and Regulatory Information Management.

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