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ChemoMetec A/S (STU:CHY) Days Sales Outstanding : 52.41 (As of Dec. 2023)


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What is ChemoMetec A/S Days Sales Outstanding?

ChemoMetec A/S's average Accounts Receivable for the six months ended in Dec. 2023 was €7.70 Mil. ChemoMetec A/S's Revenue for the six months ended in Dec. 2023 was €26.81 Mil. Hence, ChemoMetec A/S's Days Sales Outstanding for the six months ended in Dec. 2023 was 52.41.

The historical rank and industry rank for ChemoMetec A/S's Days Sales Outstanding or its related term are showing as below:

STU:CHY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.05   Med: 50.97   Max: 60.01
Current: 57.1

During the past 13 years, ChemoMetec A/S's highest Days Sales Outstanding was 60.01. The lowest was 38.05. And the median was 50.97.

STU:CHY's Days Sales Outstanding is ranked better than
60.22% of 807 companies
in the Medical Devices & Instruments industry
Industry Median: 64.88 vs STU:CHY: 57.10

ChemoMetec A/S's Days Sales Outstanding declined from Dec. 2022 (52.49) to Dec. 2023 (52.41).


ChemoMetec A/S Days Sales Outstanding Historical Data

The historical data trend for ChemoMetec A/S'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.

* Premium members only.

ChemoMetec A/S Days Sales Outstanding Chart

ChemoMetec A/S Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.51 59.74 55.82 49.65 49.57

ChemoMetec A/S Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 46.05 50.57 52.49 58.18 52.41

Competitive Comparison of ChemoMetec A/S's Days Sales Outstanding

For the Medical Devices subindustry, ChemoMetec A/S'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.


ChemoMetec A/S's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, ChemoMetec A/S's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where ChemoMetec A/S's Days Sales Outstanding falls into.



ChemoMetec A/S 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.

ChemoMetec A/S's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

Days Sales Outstanding (A: Jun. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count ) / Revenue (A: Jun. 2023 )*Days in Period
=( (8.85 + 7.364) / 2 ) / 59.69*365
=8.107 / 59.69*365
=49.57

ChemoMetec A/S'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
=( (7.364 + 8.032) / 2 ) / 26.806*365 / 2
=7.698 / 26.806*365 / 2
=52.41

* 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.


ChemoMetec A/S  (STU:CHY) Days Sales Outstanding Explanation

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


ChemoMetec A/S Days Sales Outstanding Related Terms

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ChemoMetec A/S (STU:CHY) Business Description

Traded in Other Exchanges
Address
Gydevang 43, Allerod, DNK, 3450
ChemoMetec A/S specializes in the design, development, and production of instruments using patented technology in cell counting and evaluation. It is engaged in the manufacturing, and marketing of analytical instruments used for quantitative analysis of cells in liquids. Its applications include Cell Analysis and counting of Mammalian Cells, Yeast Cells, and Sperm Cells. It provides platforms for the determination of viability and cell count of yeast, veterinary semen, mammalian cells, and somatic cells as well as image analysis. It has four segments instruments; consumables; services and others.