Abaxis (Abaxis) Days Sales Outstanding : 59.49 (As of Mar. 2018)

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What is Abaxis Days Sales Outstanding?

Abaxis's average Accounts Receivable for the three months ended in Mar. 2018 was $44.3 Mil. Abaxis's Revenue for the three months ended in Mar. 2018 was $67.9 Mil. Hence, Abaxis's Days Sales Outstanding for the three months ended in Mar. 2018 was 59.49.

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

ABAX's Days Sales Outstanding is not ranked ^*
in the Medical Diagnostics & Research industry.
Industry Median: 69.32
* Ranked among companies with meaningful Days Sales Outstanding only.

Abaxis's Days Sales Outstanding declined from Mar. 2017 (59.67) to Mar. 2018 (59.49).

Abaxis Days Sales Outstanding Historical Data

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

Abaxis Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Days Sales Outstanding

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75.75

50.69

53.89

61.20

66.18

Abaxis Quarterly Data
	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18
Days Sales Outstanding	Get a 7-Day Free Trial															59.67	66.53	66.28	62.32	59.49

Competitive Comparison of Abaxis's Days Sales Outstanding

For the Diagnostics & Research subindustry, Abaxis'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.

Abaxis's Days Sales Outstanding Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Abaxis's Days Sales Outstanding distribution charts can be found below:

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

Abaxis 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.

Abaxis's Days Sales Outstanding for the fiscal year that ended in Mar. 2018 is calculated as

	Days Sales Outstanding (A: Mar. 2018 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2017 )	+	Accounts Receivable (A: Mar. 2018 ))	/	count )	/	Revenue (A: Mar. 2018 )	*	Days in Period
=	( (40.568	+	48.164)	/	2 )	/	244.7	*	365
=	44.366					/	244.7	*	365
=	66.18

Abaxis's Days Sales Outstanding for the quarter that ended in Mar. 2018 is calculated as:

	Days Sales Outstanding (Q: Mar. 2018 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2017 )	+	Accounts Receivable (A: Mar. 2018 ))	/	count )	/	Revenue (A: Mar. 2018 )	*	Days in Period
=	( (40.391	+	48.164)	/	2 )	/	67.918	*	365 / 4
=	44.2775					/	67.918	*	365 / 4
=	59.49

Abaxis (NAS:ABAX) Days Sales Outstanding Explanation

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

Abaxis Days Sales Outstanding Related Terms

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Abaxis (Abaxis) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Abaxis Inc (NAS:ABAX) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.abaxis.com

Abaxis Inc manufactures point-of-care blood analysis instruments and consumables for medical and veterinary care providers. The medical segment sells Piccolo Chemistry Analyzers, which can provide results about a blood sample in 12 minutes, and related reagents to physicians, hospitals, pharmacies, and other healthcare providers. The veterinary segment generates the majority of the firm's total revenue and sells products to animal hospitals, veterinary clinics, and private research laboratories. Products in this segment include the VetScan VS2 chemistry analyzer, animal-specific reagents, and rapid tests for canine and feline diseases. The vast majority of the firm's revenue comes from North America and Europe.

Executives

Richard Bastiani	director	C/O ABAXIS INC, 3240 WHIPPLE RD, UNION CITY CA 94587
Taylor Dean Ross Jr	officer: CFO and VP of Finance	C/O ABAXIS INC, 3240 WHIPPLE ROAD, UNION CITY CA 94587
Clinton Severson	director, officer: CEO & Board Chairman	C/O ABAXIS INC, 3240 WHIPPLE ROAD, UNION CITY CA 94587
Michael D Casey	director	ALLOS THERAPEUTICS, INC., 11080 CIRCLEPOINT ROAD, SUITE 200, WESTMINSTER CO 80020