SomaLogic's average Accounts Receivable for the
three
months ended in Sep. 2023 was $21.24 Mil. SomaLogic's Revenue for the
three
months ended in Sep. 2023 was $22.05 Mil.
Hence, SomaLogic's Days Sales Outstanding for the
three
months ended in Sep. 2023 was 87.91.
The historical rank and industry rank for SomaLogic's Days Sales Outstanding or its related term are showing as below:
SLGC'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 63.68 Med: 77.19 Max: 113.96
Current: 98.37
During the past 3 years, SomaLogic's highest Days Sales Outstanding was 113.96. The lowest was 63.68. And the median was 77.19.
SLGC's Days Sales Outstanding is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 46.205
vs SLGC: 98.37
SomaLogic's Days Sales Outstanding
increased
from Sep. 2022 (42.36) to Sep. 2023 (87.91).
Warning Sign:
If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.
SomaLogic Days Sales Outstanding Historical Data
The historical data trend for SomaLogic'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.
Competitive Comparison of SomaLogic's Days Sales Outstanding
For the Health Information Services subindustry, SomaLogic'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.
SomaLogic's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, SomaLogic's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where SomaLogic's Days Sales Outstanding falls into.
SomaLogic 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.
* 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.
SomaLogic (NAS:SLGC) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
SomaLogic Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of SomaLogic's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
SomaLogic is a commercial-stage proteomics company. It operates as a protein biomarker discovery and clinical diagnostics company that develops slow off-rate modified aptamers, which are modified nucleic acid-based protein binding reagents that are specific for their cognate protein. The Somamers/SomaScan technology enables researchers to analyze various types of biological samples for protein biomarker signatures, which can be utilized in drug discovery and development.
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