OVATF (Ovation Science) Days Sales Outstanding: 37.33 (As of Mar. 2026) — 59% Below Median

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What is Ovation Science Days Sales Outstanding?

Ovation Science OVATF Days Sales Outstanding is 37.33 as of Mar. 2026, which is 59% below its 10-year median of 90.64. The stock has 4 warning signs investors should review. Among 947 Drug Manufacturers companies, Ovation Science ranks better than 91.97% on this metric.

Ovation Science's average Accounts Receivable for the three months ended in Mar. 2026 was $0.00 Mil. Ovation Science's Revenue for the three months ended in Mar. 2026 was $0.01 Mil. Hence, Ovation Science's Days Sales Outstanding for the three months ended in Mar. 2026 was 37.33.

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

OVATF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.87   Med: 90.64   Max: 174.57
Current: 25.81

During the past 9 years, Ovation Science's highest Days Sales Outstanding was 174.57. The lowest was 22.87. And the median was 90.64.

OVATF's Days Sales Outstanding is ranked better than
91.97% of 947 companies
in the Drug Manufacturers industry
Industry Median: 71.98 vs OVATF: 25.81

Ovation Science's Days Sales Outstanding declined from Mar. 2025 (126.35) to Mar. 2026 (37.33).


Ovation Science  (OTCPK:OVATF) Days Sales Outstanding Explanation

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


Ovation Science Days Sales Outstanding Related Terms


Ovation Science Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Ovation Science'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.

Ovation Science Days Sales Outstanding Chart

Ovation Science Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only 102.66 180.71 162.66 46.20 81.94

Ovation Science Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 126.35 0.00 9.13 16.29 37.33

OVATF vs ZTS: Days Sales Outstanding Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Ovation Science'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.


Ovation Science Days Sales Outstanding vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Ovation Science's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Ovation Science's Days Sales Outstanding falls into.



Ovation Science 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.

Ovation Science's Days Sales Outstanding for the fiscal year that ended in Dec. 2025 is calculated as

Days Sales Outstanding (A: Dec. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count ) / Revenue (A: Dec. 2025 )*Days in Period
=( (0.018 + 0.004) / 2 ) / 0.049*365
=0.011 / 0.049*365
=81.94

Ovation Science's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding (Q: Mar. 2026 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count ) / Revenue (A: Mar. 2026 )*Days in Period
=( (0.004 + 0.005) / 2 ) / 0.011*365 / 4
=0.0045 / 0.011*365 / 4
=37.33

* 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.

Frequently Asked Questions Learn more about Days Sales Outstanding →
What does a Days Sales Outstanding of 37.33 mean?
Ovation Science (OVATF) has a Days Sales Outstanding of 37.33 as of Mar. 2026. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Ovation Science and its competitors. This is 59% below median its historical median of 90.64. Over the past decade, Ovation Science's Days Sales Outstanding has ranged from 22.87 to 174.57. According to the industry distribution chart, Ovation Science ranks #76 out of 947 companies in the Drug Manufacturers industry, placing it in the top 8%.
Is Ovation Science's Days Sales Outstanding too high?
Ovation Science's current Days Sales Outstanding of 37.33 is 59% below median its 10-year median of 90.64. Over the past 10 years, this metric has ranged from a low of 22.87 to a high of 174.57. The Drug Manufacturers industry median Days Sales Outstanding is 71.98. Ovation Science's value of 37.33 is 48.1% below this industry median. Based on the distribution chart, Ovation Science ranks #76 out of 947 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers.
How does Ovation Science's Days Sales Outstanding compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Ovation Science ranks #76 out of 947 companies for Days Sales Outstanding. This places Ovation Science in the top 8% of its industry — outperforming the majority of peers. The industry median Days Sales Outstanding is 71.98. Ovation Science's value of 37.33 is 48.1% below this benchmark. Historically, Ovation Science's own Days Sales Outstanding has ranged from 22.87 to 174.57 over the past decade. While the company's 10-year median is 90.64 vs. the industry median of 71.98, Ovation Science has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Sales Outstanding for a Drug Manufacturers company?
The median Days Sales Outstanding among Drug Manufacturers companies is 71.98, based on 947 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ovation Science's current Days Sales Outstanding of 37.33 is 48.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Ovation Science and its competitors. For the Drug Manufacturers industry, the median Days Sales Outstanding is 71.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ovation Science's current Days Sales Outstanding is 37.33, which is 59% below median its own 10-year median of 90.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ovation Science stock overvalued right now?
Based on GuruFocus' analysis, Ovation Science (OVATF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.03, compared to a current price of $0.01 — trading 75% below its estimated fair value. The current Days Sales Outstanding is 37.33, which is 59% below median its 10-year median of 90.64 and 48.1% below the Drug Manufacturers industry median of 71.98. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Ovation Science (OVATF), the current Days Sales Outstanding is 37.33 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ovation Science Business Description

Other Exchanges OVAT:Canada
Address 1166 Alberni Street, Suite 1003, Vancouver, BC, CAN, V6E 3Z3
Ovation Science Inc. is a Canada-based company mainly engaged in the business of providing topical and transdermal cannabis products under the Ovation brand label, utilizing patented Invisicare delivery technology. The Company operates in one reportable operating segment, the sub-licensing and sales of cannabis products that utilize Invisicare, a patented polymer-based technology for topical and transdermal skin care products.