Medimi AB (XSAT:MEDIMI) Days Sales Outstanding : 102.11 (As of Mar. 2024)

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What is Medimi AB Days Sales Outstanding?

Medimi AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr1.15 Mil. Medimi AB's Revenue for the three months ended in Mar. 2024 was kr1.03 Mil. Hence, Medimi AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 102.11.

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

XSAT:MEDIMI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 72.49 Med: 88.78 Max: 212.92
Current: 92.82

During the past 13 years, Medimi AB's highest Days Sales Outstanding was 212.92. The lowest was 72.49. And the median was 88.78.

XSAT:MEDIMI's Days Sales Outstanding is ranked worse than
76.08% of 807 companies
in the Medical Devices & Instruments industry
Industry Median: 64.88 vs XSAT:MEDIMI: 92.82

Medimi AB's Days Sales Outstanding increased from Mar. 2023 (80.30) to Mar. 2024 (102.11).

Medimi AB Days Sales Outstanding Historical Data

The historical data trend for Medimi AB'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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Medimi AB Days Sales Outstanding Chart

Medimi AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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116.66

190.01

72.49

76.67

78.19

Medimi AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															80.30	82.61	89.88	91.34	102.11

Competitive Comparison of Medimi AB's Days Sales Outstanding

For the Medical Instruments & Supplies subindustry, Medimi AB'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.

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

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

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

Medimi AB 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.

Medimi AB'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
=	( (0.576	+	0.978)	/	2 )	/	3.627	*	365
=	0.777					/	3.627	*	365
=	78.19

Medimi AB's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (0.978	+	1.316)	/	2 )	/	1.025	*	365 / 4
=	1.147					/	1.025	*	365 / 4
=	102.11

Medimi AB (XSAT:MEDIMI) Days Sales Outstanding Explanation

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

Medimi AB Days Sales Outstanding Related Terms

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Medimi AB (XSAT:MEDIMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Medimi AB (XSAT:MEDIMI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zinkgatan 2, Lomma, SWE, 234 35

Website

http://www.medimiab.com

Medimi AB is engaged in the development, production, and marketing of medication products. It offers Medimi Pro and Medimi Smart computerized pill dispensers that are used by patients, consumers, and healthcare staff to follow their drug schedule. The company focus on the following market segments namely Pharmaceutical industry, Hospital and retirement homes, Home Health Care, Pharmacy and private care, and Connected Health (Telemedicine), E-Health and Integration in Other Systems.

Medimi AB (XSAT:MEDIMI) Headlines

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