Bioray Biotech Co (ROCO:7561) Days Sales Outstanding : 72.19 (As of Dec. 2023)

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What is Bioray Biotech Co Days Sales Outstanding?

Bioray Biotech Co's average Accounts Receivable for the six months ended in Dec. 2023 was NT$38.7 Mil. Bioray Biotech Co's Revenue for the six months ended in Dec. 2023 was NT$97.8 Mil. Hence, Bioray Biotech Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 72.19.

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

ROCO:7561' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.7 Med: 62.37 Max: 80.97
Current: 75.8

During the past 7 years, Bioray Biotech Co's highest Days Sales Outstanding was 80.97. The lowest was 26.70. And the median was 62.37.

ROCO:7561's Days Sales Outstanding is ranked worse than
54.56% of 997 companies
in the Drug Manufacturers industry
Industry Median: 71.44 vs ROCO:7561: 75.80

Bioray Biotech Co's Days Sales Outstanding increased from Dec. 2022 (70.94) to Dec. 2023 (72.19).

Bioray Biotech Co Days Sales Outstanding Historical Data

The historical data trend for Bioray Biotech Co'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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Bioray Biotech Co Days Sales Outstanding Chart

Bioray Biotech Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

50.91

62.37

72.61

75.10

80.97

Bioray Biotech Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial							65.17	75.17	70.94	74.27	72.19

Competitive Comparison of Bioray Biotech Co's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, Bioray Biotech Co'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.

Bioray Biotech Co's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Bioray Biotech Co's Days Sales Outstanding falls into.

Bioray Biotech Co 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.

Bioray Biotech Co'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
=	( (42.155	+	42.954)	/	2 )	/	191.83	*	365
=	42.5545					/	191.83	*	365
=	80.97

Bioray Biotech Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (34.398	+	42.954)	/	2 )	/	97.772	*	365 / 2
=	38.676					/	97.772	*	365 / 2
=	72.19

Bioray Biotech Co (ROCO:7561) Days Sales Outstanding Explanation

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

Bioray Biotech Co Days Sales Outstanding Related Terms

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Bioray Biotech Co (ROCO:7561) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Bioray Biotech Co Ltd (ROCO:7561) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 21-3, Shennong East Road, Changzhi Township, Pingtung County, Pingtung City, TWN, 90846

Website

http://www.bio-ray.com.tw

Bioray Biotech Co Ltd is engaged in the development and manufacturing of biological agents, including functional probiotics, medicinal fungi, and immune cell preparations. The company provides capsules, powders, lozenges, and liquids for Skincare, Anti-aging and anti-inflammatory, Silver Hair Maintenance, and Microbe and mineral supplement among others.

Bioray Biotech Co (ROCO:7561) Headlines

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