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AroCell AB (OSTO:AROC) Days Sales Outstanding : 57.25 (As of Sep. 2024)


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What is AroCell AB Days Sales Outstanding?

AroCell AB's average Accounts Receivable for the three months ended in Sep. 2024 was kr8.78 Mil. AroCell AB's Revenue for the three months ended in Sep. 2024 was kr14.00 Mil. Hence, AroCell AB's Days Sales Outstanding for the three months ended in Sep. 2024 was 57.25.

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

OSTO:AROC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.75   Med: 119.48   Max: 8726.82
Current: 58.56

During the past 13 years, AroCell AB's highest Days Sales Outstanding was 8726.82. The lowest was 41.75. And the median was 119.48.

OSTO:AROC's Days Sales Outstanding is ranked better than
57.08% of 212 companies
in the Medical Diagnostics & Research industry
Industry Median: 65.945 vs OSTO:AROC: 58.56

AroCell AB's Days Sales Outstanding increased from Sep. 2023 (55.97) to Sep. 2024 (57.25).


AroCell AB Days Sales Outstanding Historical Data

The historical data trend for AroCell AB'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.

AroCell AB Days Sales Outstanding Chart

AroCell AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 105.46 332.41 41.75 48.52 55.96

AroCell AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 55.97 68.93 55.34 49.80 57.25

Competitive Comparison of AroCell AB's Days Sales Outstanding

For the Diagnostics & Research subindustry, AroCell AB'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.


AroCell AB's Days Sales Outstanding Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, AroCell AB's Days Sales Outstanding distribution charts can be found below:

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



AroCell AB 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.

AroCell AB'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
=( (7.115 + 6.083) / 2 ) / 43.039*365
=6.599 / 43.039*365
=55.96

AroCell AB's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding (Q: Sep. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Sep. 2024 )) / count ) / Revenue (A: Sep. 2024 )*Days in Period
=( (7.224 + 10.338) / 2 ) / 13.996*365 / 4
=8.781 / 13.996*365 / 4
=57.25

* 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.


AroCell AB  (OSTO:AROC) Days Sales Outstanding Explanation

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


AroCell AB Days Sales Outstanding Related Terms

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AroCell AB Business Description

Traded in Other Exchanges
N/A
Address
Uppsala Business Park, Virdings alle 32 B, Uppsala, SWE, 754 50
AroCell AB is working in the area of cancer diagnostics. The company develops and commercializes markers for the determination of cell growth and apoptosis, clinically useful for prognosis, monitoring, and follow-up of cancer patients in Sweden.