Arctic Bioscience AS (OSL:ABS) Days Sales Outstanding : 114.34 (As of Jun. 2024)

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What is Arctic Bioscience AS Days Sales Outstanding?

Arctic Bioscience AS's average Accounts Receivable for the six months ended in Jun. 2024 was kr10.49 Mil. Arctic Bioscience AS's Revenue for the six months ended in Jun. 2024 was kr16.75 Mil. Hence, Arctic Bioscience AS's Days Sales Outstanding for the six months ended in Jun. 2024 was 114.34.

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

OSL:ABS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 88.31 Med: 119.02 Max: 202.93
Current: 145.48

During the past 6 years, Arctic Bioscience AS's highest Days Sales Outstanding was 202.93. The lowest was 88.31. And the median was 119.02.

OSL:ABS's Days Sales Outstanding is ranked worse than
81.15% of 849 companies
in the Biotechnology industry
Industry Median: 72.85 vs OSL:ABS: 145.48

Arctic Bioscience AS's Days Sales Outstanding declined from Jun. 2023 (143.82) to Jun. 2024 (114.34).

Arctic Bioscience AS Days Sales Outstanding Historical Data

The historical data trend for Arctic Bioscience AS'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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Arctic Bioscience AS Days Sales Outstanding Chart

Arctic Bioscience AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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107.88

202.93

159.40

113.10

124.94

Arctic Bioscience AS Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial						115.80	110.34	143.82	162.92	114.34

Competitive Comparison of Arctic Bioscience AS's Days Sales Outstanding

For the Biotechnology subindustry, Arctic Bioscience AS'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.

Arctic Bioscience AS's Days Sales Outstanding Distribution in the Biotechnology Industry

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

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

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Arctic Bioscience AS 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.

Arctic Bioscience AS'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
=	( (13.494	+	9.611)	/	2 )	/	33.75	*	365
=	11.5525					/	33.75	*	365
=	124.94

Arctic Bioscience AS's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (9.611	+	11.373)	/	2 )	/	16.746	*	365 / 2
=	10.492					/	16.746	*	365 / 2
=	114.34

Arctic Bioscience AS (OSL:ABS) Days Sales Outstanding Explanation

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

Arctic Bioscience AS Days Sales Outstanding Related Terms

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Arctic Bioscience AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Arctic Bioscience AS (OSL:ABS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

9TD:Germany

Address

Industrivegen 42, Orsta, NOR, 6155

Website

https://www.arctic-bioscience.com

Arctic Bioscience AS is a Norwegian biotechnology company. The company is focused on developing products and solutions based on bioactive marine compounds. The product portfolio includes nutraceuticals and pharmaceuticals. It is currently developing a novel, cost-efficient oral treatment (HRO350) for mild-to-moderate psoriasis. Its nutraceutical products are sold globally to both B2C and B2B under the Romega brand. The company operates in Norway, Europe, Australia and APAC.

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