Spago Nanomedical AB (OSTO:SPAGO) Days Sales Outstanding : 74.56 (As of Mar. 2024)

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What is Spago Nanomedical AB Days Sales Outstanding?

Spago Nanomedical AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr0.29 Mil. Spago Nanomedical AB's Revenue for the three months ended in Mar. 2024 was kr0.35 Mil. Hence, Spago Nanomedical AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 74.56.

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

OSTO:SPAGO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 15.06 Med: 41.71 Max: 163.09
Current: 55.27

During the past 13 years, Spago Nanomedical AB's highest Days Sales Outstanding was 163.09. The lowest was 15.06. And the median was 41.71.

OSTO:SPAGO's Days Sales Outstanding is ranked better than
64.94% of 890 companies
in the Biotechnology industry
Industry Median: 72.665 vs OSTO:SPAGO: 55.27

Spago Nanomedical AB's Days Sales Outstanding increased from Mar. 2023 (74.14) to Mar. 2024 (74.56).

Spago Nanomedical AB Days Sales Outstanding Historical Data

The historical data trend for Spago Nanomedical 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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Spago Nanomedical AB Days Sales Outstanding Chart

Spago Nanomedical AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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33.08

19.08

15.06

63.56

Spago Nanomedical 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															74.14	75.24	-	46.19	74.56

Competitive Comparison of Spago Nanomedical AB's Days Sales Outstanding

For the Biotechnology subindustry, Spago Nanomedical 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.

Spago Nanomedical AB's Days Sales Outstanding Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Spago Nanomedical AB's Days Sales Outstanding distribution charts can be found below:

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

Spago Nanomedical 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.

Spago Nanomedical 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
=	( (0.049	+	0.37)	/	2 )	/	1.203	*	365
=	0.2095					/	1.203	*	365
=	63.56

Spago Nanomedical 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
=	( (0.37	+	0.202)	/	2 )	/	0.35	*	365 / 4
=	0.286					/	0.35	*	365 / 4
=	74.56

Spago Nanomedical AB (OSTO:SPAGO) Days Sales Outstanding Explanation

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

Spago Nanomedical AB Days Sales Outstanding Related Terms

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Spago Nanomedical AB (OSTO:SPAGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Spago Nanomedical AB (OSTO:SPAGO) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

7UX:Germany

Address

Scheelevagen 22, Lund, SWE, SE-223 63

Website

https://www.spagonanomedical.se

Spago Nanomedical AB is a nanomedicine company in the field of cancer diagnosis and treatment. The company's product includes SpagoPix and Tumorad. The SpagoPix product aims to improve cancer diagnosis with magnetic resonance imaging through previous detection of tumors and metastases. The Tumorad products focuses on the development of a completely new form of radionuclide therapy for tumor selective radiation therapy of cancer. The company development projects are based on a platform of polymeric materials with varoious properties for precise diagnosis and treatment of life threatening and debilitating diseases.

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