RaySearch Laboratories AB (OSTO:RAY B) Days Sales Outstanding : 87.01 (As of Mar. 2024)

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What is RaySearch Laboratories AB Days Sales Outstanding?

RaySearch Laboratories AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr245 Mil. RaySearch Laboratories AB's Revenue for the three months ended in Mar. 2024 was kr257 Mil. Hence, RaySearch Laboratories AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 87.01.

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

OSTO:RAY B' s Days Sales Outstanding Range Over the Past 10 Years
Min: 87.52 Med: 130.69 Max: 192.66
Current: 87.55

During the past 13 years, RaySearch Laboratories AB's highest Days Sales Outstanding was 192.66. The lowest was 87.52. And the median was 130.69.

OSTO:RAY B's Days Sales Outstanding is ranked worse than
80.37% of 647 companies
in the Healthcare Providers & Services industry
Industry Median: 47.16 vs OSTO:RAY B: 87.55

RaySearch Laboratories AB's Days Sales Outstanding declined from Mar. 2023 (126.53) to Mar. 2024 (87.01).

RaySearch Laboratories AB Days Sales Outstanding Historical Data

The historical data trend for RaySearch Laboratories 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.

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RaySearch Laboratories AB Days Sales Outstanding Chart

RaySearch Laboratories AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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115.97

98.46

93.12

91.00

87.52

RaySearch Laboratories AB 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															126.53	109.96	68.47	65.59	87.01

Competitive Comparison of RaySearch Laboratories AB's Days Sales Outstanding

For the Health Information Services subindustry, RaySearch Laboratories 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.

RaySearch Laboratories AB's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

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

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

RaySearch Laboratories 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.

RaySearch Laboratories 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
=	( (250.073	+	240.101)	/	2 )	/	1022.159	*	365
=	245.087					/	1022.159	*	365
=	87.52

RaySearch Laboratories AB'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
=	( (240.101	+	250.398)	/	2 )	/	257.196	*	365 / 4
=	245.2495					/	257.196	*	365 / 4
=	87.01

RaySearch Laboratories AB (OSTO:RAY B) Days Sales Outstanding Explanation

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

RaySearch Laboratories AB Days Sales Outstanding Related Terms

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RaySearch Laboratories AB (OSTO:RAY B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » RaySearch Laboratories AB (OSTO:RAY B) » Definitions » Days Sales Outstanding

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RSLBF:USA 0GRZ:UK 27R:Germany

Address

Sveavagen 44, P.O. Box 3297, Stockholm, SWE, 103 65

Website

https://www.raysearchlabs.com

RaySearch Laboratories AB is a Sweden-based medical technology company. The company develops advanced software solutions for improved cancer treatment. The company develops and markets the RayStation* treatment planning system and RayCare* oncology information system to clinics all over the world and distributes products through licensing agreements with medical technology companies. Its geographic segments consist of Sweden, North America, Asia, Europe and the rest of the world. The company generates majority of its sales from the North America.

RaySearch Laboratories AB (OSTO:RAY B) Headlines

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