Futura Medical (Futura Medical) Days Sales Outstanding : 139.66 (As of Dec. 2023)

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What is Futura Medical Days Sales Outstanding?

Futura Medical's average Accounts Receivable for the six months ended in Dec. 2023 was $1.35 Mil. Futura Medical's Revenue for the six months ended in Dec. 2023 was $1.77 Mil. Hence, Futura Medical's Days Sales Outstanding for the six months ended in Dec. 2023 was 139.66.

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

FAMDF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.07 Med: 42.94 Max: 99.55
Current: 86.83

During the past 13 years, Futura Medical's highest Days Sales Outstanding was 99.55. The lowest was 13.07. And the median was 42.94.

FAMDF's Days Sales Outstanding is ranked worse than
59.98% of 887 companies
in the Biotechnology industry
Industry Median: 72.66 vs FAMDF: 86.83

Futura Medical's Days Sales Outstanding increased from Dec. 2022 (0.00) to Dec. 2023 (139.66).

Futura Medical Days Sales Outstanding Historical Data

The historical data trend for Futura Medical'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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Futura Medical Days Sales Outstanding Chart

Futura Medical Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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39.11

71.51

Futura Medical Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															-	-	-	56.91	139.66

Competitive Comparison of Futura Medical's Days Sales Outstanding

For the Biotechnology subindustry, Futura Medical'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.

Futura Medical's Days Sales Outstanding Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Futura Medical's Days Sales Outstanding distribution charts can be found below:

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

Futura Medical 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.

Futura Medical'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
=	( (0.085	+	1.453)	/	2 )	/	3.925	*	365
=	0.769					/	3.925	*	365
=	71.51

Futura Medical'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
=	( (1.256	+	1.453)	/	2 )	/	1.77	*	365 / 2
=	1.3545					/	1.77	*	365 / 2
=	139.66

Futura Medical (OTCPK:FAMDF) Days Sales Outstanding Explanation

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

Futura Medical Days Sales Outstanding Related Terms

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Futura Medical (Futura Medical) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Futura Medical PLC (OTCPK:FAMDF) » Definitions » Days Sales Outstanding

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FUM:UK GYX:Germany

Address

40 Occam Road, Surrey Technology Centre, Guildford, Surrey, GBR, GU2 7YG

Website

https://www.futuramedical.com

Futura Medical PLC is a pharmaceutical company based on technology. The company manufactures drugs and is based in the United Kingdom. The company lays primary focus on topically applied pharmaceutical drugs and medical devices which are developed using a efficient and proprietary transdermal delivery technology, DermaSys. DermaSys is a versatile technology that can be customized to suit the specific active compound being used and the therapeutic indication. The company's products are used mainly for the treatment of erectile dysfunction and pain relief.

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