Observe Medical ASA (OSL:OBSRV) Days Sales Outstanding : 49.93 (As of Jun. 2023)

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What is Observe Medical ASA Days Sales Outstanding?

Observe Medical ASA's average Accounts Receivable for the three months ended in Jun. 2023 was kr2.97 Mil. Observe Medical ASA's Revenue for the three months ended in Jun. 2023 was kr5.44 Mil. Hence, Observe Medical ASA's Days Sales Outstanding for the three months ended in Jun. 2023 was 49.93.

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

OSL:OBSRV' s Days Sales Outstanding Range Over the Past 10 Years
Min: 21.32 Med: 58.83 Max: 101.58
Current: 65.13

During the past 8 years, Observe Medical ASA's highest Days Sales Outstanding was 101.58. The lowest was 21.32. And the median was 58.83.

OSL:OBSRV's Days Sales Outstanding is ranked worse than
50.62% of 812 companies
in the Medical Devices & Instruments industry
Industry Median: 64.77 vs OSL:OBSRV: 65.13

Observe Medical ASA's Days Sales Outstanding increased from Jun. 2022 (30.60) to Jun. 2023 (49.93).

Observe Medical ASA Days Sales Outstanding Historical Data

The historical data trend for Observe Medical ASA'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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Observe Medical ASA Days Sales Outstanding Chart

Observe Medical ASA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

101.05

94.05

21.32

56.83

51.26

Observe Medical ASA Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															41.13	69.99	68.06	49.93	-

Competitive Comparison of Observe Medical ASA's Days Sales Outstanding

For the Medical Devices subindustry, Observe Medical ASA'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.

Observe Medical ASA's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Observe Medical ASA's Days Sales Outstanding falls into.

Observe Medical ASA 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.

Observe Medical ASA'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
=	( (4.731	+	3.117)	/	2 )	/	27.942	*	365
=	3.924					/	27.942	*	365
=	51.26

Observe Medical ASA'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: Mar. 2023 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (4.789	+	1.16)	/	2 )	/	5.436	*	365 / 4
=	2.9745					/	5.436	*	365 / 4
=	49.93

Observe Medical ASA (OSL:OBSRV) Days Sales Outstanding Explanation

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

Observe Medical ASA Days Sales Outstanding Related Terms

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Observe Medical ASA (OSL:OBSRV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Observe Medical ASA (OSL:OBSRV) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

OM5A:Germany

Address

Dronning Eufemias gate 16, Oslo, NOR, 0191

Website

https://www.observemedical.com

Observe Medical ASA through its subsidiaries develops medical technology products that benefit patients and healthcare professionals. It has developed the product Sippi which is an automatic and digital urine meter and the technology Sippcoat which prevents bacterial migration in closed collection systems.

Observe Medical ASA (OSL:OBSRV) Headlines

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