Opsens (TSX:OPS) Days Sales Outstanding : 54.06 (As of Aug. 2023)

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What is Opsens Days Sales Outstanding?

Opsens's average Accounts Receivable for the three months ended in Aug. 2023 was C$8.41 Mil. Opsens's Revenue for the three months ended in Aug. 2023 was C$14.19 Mil. Hence, Opsens's Days Sales Outstanding for the three months ended in Aug. 2023 was 54.06.

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

TSX:OPS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 25.46 Med: 44.91 Max: 56.14
Current: 54.67

During the past 13 years, Opsens's highest Days Sales Outstanding was 56.14. The lowest was 25.46. And the median was 44.91.

TSX:OPS's Days Sales Outstanding is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 64.77 vs TSX:OPS: 54.67

Opsens's Days Sales Outstanding declined from Aug. 2022 (54.78) to Aug. 2023 (54.06).

Opsens Days Sales Outstanding Historical Data

The historical data trend for Opsens'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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Opsens Days Sales Outstanding Chart

Opsens Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Sales Outstanding

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39.90

52.92

41.91

49.57

54.86

Opsens Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23
Days Sales Outstanding	Get a 7-Day Free Trial															54.78	55.89	58.21	51.29	54.06

Competitive Comparison of Opsens's Days Sales Outstanding

For the Medical Instruments & Supplies subindustry, Opsens'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.

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

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

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

Opsens 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.

Opsens's Days Sales Outstanding for the fiscal year that ended in Aug. 2023 is calculated as

	Days Sales Outstanding (A: Aug. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Aug. 2022 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )	/	Revenue (A: Aug. 2023 )	*	Days in Period
=	( (5.602	+	8.932)	/	2 )	/	48.347	*	365
=	7.267					/	48.347	*	365
=	54.86

Opsens's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:

	Days Sales Outstanding (Q: Aug. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: May. 2023 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )	/	Revenue (A: Aug. 2023 )	*	Days in Period
=	( (7.88	+	8.932)	/	2 )	/	14.19	*	365 / 4
=	8.406					/	14.19	*	365 / 4
=	54.06

Opsens (TSX:OPS) Days Sales Outstanding Explanation

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

Opsens Days Sales Outstanding Related Terms

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Opsens (TSX:OPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Opsens Inc (TSX:OPS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

750, Boulevard du Parc-Technologique, Quebec, QC, CAN, G1P 4S3

Website

https://www.opsens.com

OpSens Inc. is engaged in physiological measurements such as Fractional Flow Reserve (FFR) and Diastolic Pressure Ratio (dPR) in the coronary artery disease market and in transcatheter aortic valve replacement (TAVR) in the structural heart market. It operates in two segments that are Medical and Industrial. In Medical segment it supplies an optical-based pressure guidewire (OptoWire), a guidewire used in the TAVR procedure (SavvyWire) and a wide range of miniature optical sensors to measure pressure and temperature to be used in a wide range of applications that can be integrated into other medical devices. Industrial segment includes developing, manufacturing and installing fibre optic sensing solutions for industrial applications. Majority of its revenue is derived from Medical segment.

Executives

Alan Milinazzo	Director
Robin Villeneuve	Senior Officer
Fiera Capital Corporation (formerly Fiera Sceptre Inc.)	10% Security Holder

Opsens (TSX:OPS) Headlines

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