Optomed (OHEL:OPTOMED) Days Sales Outstanding : 80.11 (As of Mar. 2024)

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What is Optomed Days Sales Outstanding?

Optomed's average Accounts Receivable for the three months ended in Mar. 2024 was €2.92 Mil. Optomed's Revenue for the three months ended in Mar. 2024 was €3.33 Mil. Hence, Optomed's Days Sales Outstanding for the three months ended in Mar. 2024 was 80.11.

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

OHEL:OPTOMED' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.4 Med: 72.25 Max: 90.11
Current: 90.11

During the past 9 years, Optomed's highest Days Sales Outstanding was 90.11. The lowest was 52.40. And the median was 72.25.

OHEL:OPTOMED's Days Sales Outstanding is ranked worse than
81.14% of 647 companies
in the Healthcare Providers & Services industry
Industry Median: 47.16 vs OHEL:OPTOMED: 90.11

Optomed's Days Sales Outstanding declined from Mar. 2023 (103.37) to Mar. 2024 (80.11).

Optomed Days Sales Outstanding Historical Data

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

Optomed Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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70.29

77.65

77.38

89.79

74.20

Optomed 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															103.37	108.63	89.64	78.29	80.11

Competitive Comparison of Optomed's Days Sales Outstanding

For the Health Information Services subindustry, Optomed'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.

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

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

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

Optomed 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.

Optomed'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
=	( (3.556	+	2.583)	/	2 )	/	15.1	*	365
=	3.0695					/	15.1	*	365
=	74.20

Optomed'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
=	( (2.583	+	3.259)	/	2 )	/	3.327	*	365 / 4
=	2.921					/	3.327	*	365 / 4
=	80.11

Optomed (OHEL:OPTOMED) Days Sales Outstanding Explanation

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

Optomed Days Sales Outstanding Related Terms

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Optomed (OHEL:OPTOMED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Optomed PLC (OHEL:OPTOMED) » Definitions » Days Sales Outstanding

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36U0:Germany

Address

Yrttipellontie 1, Oulu, FIN, 90230

Website

https://www.optomed.com

Optomed PLC is a Finnish health technology company and providers of handheld camera solutions. The company operates in two business segments that are Devices and Software. Devices segment develops, commercializes and manufactures easy-to-use and affordable handheld fundus cameras, that are suitable for any clinic for screening of various eye diseases, such as diabetic retinopathy, glaucoma and AMD. The Software segment develops and commercializes screening software for diabetic retinopathy and cancer screening for healthcare organizations. The company operates in Finland, China, and other countries.

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