NRGene Technologies (XTAE:NRGN) Days Sales Outstanding : 40.69 (As of Dec. 2023)

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What is NRGene Technologies Days Sales Outstanding?

NRGene Technologies's average Accounts Receivable for the six months ended in Dec. 2023 was ₪0.70 Mil. NRGene Technologies's Revenue for the six months ended in Dec. 2023 was ₪3.13 Mil. Hence, NRGene Technologies's Days Sales Outstanding for the six months ended in Dec. 2023 was 40.69.

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

XTAE:NRGN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.28 Med: 39.28 Max: 60.29
Current: 56.07

During the past 4 years, NRGene Technologies's highest Days Sales Outstanding was 60.29. The lowest was 11.28. And the median was 39.28.

XTAE:NRGN's Days Sales Outstanding is ranked better than
56.91% of 2734 companies
in the Software industry
Industry Median: 61.83 vs XTAE:NRGN: 56.07

NRGene Technologies's Days Sales Outstanding increased from Dec. 2022 (38.29) to Dec. 2023 (40.69).

NRGene Technologies Days Sales Outstanding Historical Data

The historical data trend for NRGene Technologies'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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NRGene Technologies Days Sales Outstanding Chart

NRGene Technologies Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

11.29

39.29

60.30

NRGene Technologies Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			202.82	18.30	38.29	63.78	40.69

Competitive Comparison of NRGene Technologies's Days Sales Outstanding

For the Software - Application subindustry, NRGene Technologies'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.

NRGene Technologies's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, NRGene Technologies's Days Sales Outstanding distribution charts can be found below:

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

NRGene Technologies 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.

NRGene Technologies'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
=	( (1.99	+	0.437)	/	2 )	/	7.346	*	365
=	1.2135					/	7.346	*	365
=	60.30

NRGene Technologies'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
=	( (0.958	+	0.437)	/	2 )	/	3.128	*	365 / 2
=	0.6975					/	3.128	*	365 / 2
=	40.69

NRGene Technologies (XTAE:NRGN) Days Sales Outstanding Explanation

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

NRGene Technologies Days Sales Outstanding Related Terms

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NRGene Technologies (XTAE:NRGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » NRGene Technologies Ltd (XTAE:NRGN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Golda Meir Street, Ness-Ziona, ISR, 7403649

Website

https://www.nrgene.com

NRGene Technologies Ltd is engaged in the development of artificial intelligence-based software for the analysis of genetic information in order to improve species of plants and animals.

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