Accelerate Diagnostics (MEX:AXDX) Days Sales Outstanding: 64.01 (As of Dec. 2024)

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MEX:AXDX Accelerate Diagnostics Inc MEX:AXDX
12 GF Score
Price MXN1.75
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What is Accelerate Diagnostics Days Sales Outstanding?

Accelerate Diagnostics MEX:AXDX 12 Days Sales Outstanding is 64.01 as of Dec. 2024. GuruFocus rates MEX:AXDX with a GF Score™ of 12/100.

Accelerate Diagnostics's average Accounts Receivable for the three months ended in Dec. 2024 was MXN41.2 Mil. Accelerate Diagnostics's Revenue for the three months ended in Dec. 2024 was MXN58.7 Mil. Hence, Accelerate Diagnostics's Days Sales Outstanding for the three months ended in Dec. 2024 was 64.01.

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

MEX:AXDX's Days Sales Outstanding is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 64.94
* Ranked among companies with meaningful Days Sales Outstanding only.

Accelerate Diagnostics's Days Sales Outstanding declined from Dec. 2023 (80.76) to Dec. 2024 (64.01).


Accelerate Diagnostics  (MEX:AXDX) Days Sales Outstanding Explanation

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


Accelerate Diagnostics Days Sales Outstanding Related Terms


Accelerate Diagnostics Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Accelerate Diagnostics'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.

Accelerate Diagnostics Days Sales Outstanding Chart

Accelerate Diagnostics Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.27 59.22 69.51 81.68 65.07

Accelerate Diagnostics Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 80.76 76.52 65.66 63.75 64.01

MEX:AXDX vs MSIU, BIOLQ, AFIB: Days Sales Outstanding Comparison

For the Medical Devices subindustry, Accelerate Diagnostics'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.


Accelerate Diagnostics Days Sales Outstanding vs Medical Devices & Instruments Industry

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

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


MEX:AXDX
12GF Score
Accelerate Diagnostics Inc MEX:AXDX
Days Sales Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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Accelerate Diagnostics 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.

Accelerate Diagnostics's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

Days Sales Outstanding (A: Dec. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )*Days in Period
=( (44.506 + 42.483) / 2 ) / 243.97*365
=43.4945 / 243.97*365
=65.07

Accelerate Diagnostics's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding (Q: Dec. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2024 ) + Accounts Receivable (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )*Days in Period
=( (39.912 + 42.483) / 2 ) / 58.73*365 / 4
=41.1975 / 58.73*365 / 4
=64.01

* 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.

Frequently Asked Questions Learn more about Days Sales Outstanding →
What does a Days Sales Outstanding of 64.01 mean?
Accelerate Diagnostics (MEX:AXDX) has a Days Sales Outstanding of 64.01 as of Dec. 2024. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Accelerate Diagnostics and its competitors.
Is Accelerate Diagnostics' Days Sales Outstanding too high?
Accelerate Diagnostics' current Days Sales Outstanding is 64.01. The Medical Devices & Instruments industry median Days Sales Outstanding is 64.94. Accelerate Diagnostics' value of 64.01 is 1.4% below this industry median. Overall, Accelerate Diagnostics has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Accelerate Diagnostics' Days Sales Outstanding compare to MSIU and BIOLQ?
Accelerate Diagnostics' Days Sales Outstanding of 64.01 can be compared against companies in the Medical Devices & Instruments industry. The industry median Days Sales Outstanding is 64.94. Accelerate Diagnostics' value of 64.01 is 1.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Sales Outstanding for a Medical Devices & Instruments company?
The median Days Sales Outstanding among Medical Devices & Instruments companies is 64.94, based on 809 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Accelerate Diagnostics's current Days Sales Outstanding of 64.01 is 1.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Accelerate Diagnostics and its competitors. For the Medical Devices & Instruments industry, the median Days Sales Outstanding is 64.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accelerate Diagnostics's current Days Sales Outstanding is 64.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accelerate Diagnostics stock overvalued right now?
Accelerate Diagnostics (MEX:AXDX) has a current Days Sales Outstanding of 64.01. The current Days Sales Outstanding is 64.01 and 1.4% below the Medical Devices & Instruments industry median of 64.94. Accelerate Diagnostics' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Accelerate Diagnostics (MEX:AXDX), the current Days Sales Outstanding is 64.01 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Accelerate Diagnostics Business Description

Address 3950 South Country Club Road, Suite 470, Tucson, AZ, USA, 85714
Accelerate Diagnostics Inc is an in vitro diagnostics company dedicated to providing solutions that improve patient outcomes and lower healthcare costs through the rapid diagnosis of serious infections. Its Clinical Microbiology products include Accelerate Pheno system, Accelerate PhenoTest BC Kit, and Accelerate Arc module & BC kit. The company earns the majority of its revenue from the domestic market. The group operates as one operating segment, deriving instrument, consumable, and service revenues from customers engaged in healthcare diagnostics within the United States. Product revenue is derived from the sale or rental of instruments and sales of related consumable products. Service revenue is derived from the sale of extended service agreements.
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MXN1.75
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