TRIB (Trinity Biotech) Days Sales Outstanding : 116.47 (As of Sep. 2024)

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What is Trinity Biotech Days Sales Outstanding?

Trinity Biotech's average Accounts Receivable for the three months ended in Sep. 2024 was $19.34 Mil. Trinity Biotech's Revenue for the three months ended in Sep. 2024 was $15.15 Mil. Hence, Trinity Biotech's Days Sales Outstanding for the three months ended in Sep. 2024 was 116.47.

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

TRIB' s Days Sales Outstanding Range Over the Past 10 Years
Min: 65.5 Med: 72.49 Max: 100.98
Current: 100.98

During the past 13 years, Trinity Biotech's highest Days Sales Outstanding was 100.98. The lowest was 65.50. And the median was 72.49.

TRIB's Days Sales Outstanding is ranked worse than
78.72% of 813 companies
in the Medical Devices & Instruments industry
Industry Median: 65.14 vs TRIB: 100.98

Trinity Biotech's Days Sales Outstanding increased from Sep. 2023 (90.03) to Sep. 2024 (116.47).

Trinity Biotech Days Sales Outstanding Historical Data

The historical data trend for Trinity Biotech'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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Trinity Biotech Days Sales Outstanding Chart

Trinity Biotech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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78.85

67.61

74.92

75.63

74.88

Trinity Biotech Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															90.03	87.64	86.93	100.19	116.47

Competitive Comparison of Trinity Biotech's Days Sales Outstanding

For the Medical Devices subindustry, Trinity Biotech'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.

Trinity Biotech's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Trinity Biotech's Days Sales Outstanding distribution charts can be found below:

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

Trinity Biotech 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.

Trinity Biotech'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
=	( (12.619	+	10.698)	/	2 )	/	56.832	*	365
=	11.6585					/	56.832	*	365
=	74.88

Trinity Biotech's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (17.471	+	21.209)	/	2 )	/	15.152	*	365 / 4
=	19.34					/	15.152	*	365 / 4
=	116.47

Trinity Biotech (NAS:TRIB) Days Sales Outstanding Explanation

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

Trinity Biotech Days Sales Outstanding Related Terms

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Trinity Biotech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Trinity Biotech PLC (NAS:TRIB) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

IDA Business Park, Bray, County Wicklow, Dublin, IRL, A98 H5C8

Website

https://www.trinitybiotech.com

Trinity Biotech PLC is in the business of developing, manufacturing, and marketing clinical diagnostic products for clinical laboratory and point-of-care sections of the diagnostic market. Its products are used to detect autoimmune, infectious, sexually transmitted diseases, diabetes, and disorders of the liver and intestine. The company also provides raw materials to the life sciences and research industries globally. It markets products under the brand names Recombigen, Unigold, MarBlot, Mardx, Immublot, and others. Geographically, it has two segments namely the Americas, and the Rest of World - Ireland from which it derives a majority of its revenue from the Americas segment.