Medica SpA (MIL:MDC) Days Sales Outstanding : 67.22 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Medica SpA Days Sales Outstanding?

Medica SpA's average Accounts Receivable for the six months ended in Dec. 2023 was €17.16 Mil. Medica SpA's Revenue for the six months ended in Dec. 2023 was €46.59 Mil. Hence, Medica SpA's Days Sales Outstanding for the six months ended in Dec. 2023 was 67.22.

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

MIL:MDC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 72.31 Med: 75.71 Max: 85.65
Current: 72.87

During the past 6 years, Medica SpA's highest Days Sales Outstanding was 85.65. The lowest was 72.31. And the median was 75.71.

MIL:MDC's Days Sales Outstanding is ranked worse than
59.85% of 807 companies
in the Medical Devices & Instruments industry
Industry Median: 64.88 vs MIL:MDC: 72.87

Medica SpA's Days Sales Outstanding increased from Dec. 2022 (66.28) to Dec. 2023 (67.22).

Medica SpA Days Sales Outstanding Historical Data

The historical data trend for Medica SpA'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.

* Premium members only.

Medica SpA Days Sales Outstanding Chart

Medica SpA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

85.65

72.31

75.71

80.50

72.93

Medica SpA Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial					66.98	77.62	66.28	80.69	67.22

Competitive Comparison of Medica SpA's Days Sales Outstanding

For the Medical Devices subindustry, Medica SpA'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.

Medica SpA's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

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

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

Medica SpA 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.

Medica SpA'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
=	( (13.587	+	18.375)	/	2 )	/	79.979	*	365
=	15.981					/	79.979	*	365
=	72.93

Medica SpA'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (15.942	+	18.375)	/	2 )	/	46.585	*	365 / 2
=	17.1585					/	46.585	*	365 / 2
=	67.22

Medica SpA (MIL:MDC) Days Sales Outstanding Explanation

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

Medica SpA Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Medica SpA's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Medica SpA (MIL:MDC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Medica SpA (MIL:MDC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Degli Artigiani, 7, Medolla, ITA, 41036

Website

https://www.medica.it

Medica SpA is engaged in the development, production, and sale of blood purification products. Some of its product includes plasma fractionators; plasma filters; pico smart and others.