BiOptic (ROCO:6850) Days Sales Outstanding : 61.79 (As of Dec. 2023)

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What is BiOptic Days Sales Outstanding?

BiOptic's average Accounts Receivable for the six months ended in Dec. 2023 was NT$42.5 Mil. BiOptic's Revenue for the six months ended in Dec. 2023 was NT$125.6 Mil. Hence, BiOptic's Days Sales Outstanding for the six months ended in Dec. 2023 was 61.79.

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

ROCO:6850' s Days Sales Outstanding Range Over the Past 10 Years
Min: 53.57 Med: 60.2 Max: 71.78
Current: 61.94

During the past 6 years, BiOptic's highest Days Sales Outstanding was 71.78. The lowest was 53.57. And the median was 60.20.

ROCO:6850's Days Sales Outstanding is ranked better than
58.43% of 890 companies
in the Biotechnology industry
Industry Median: 72.665 vs ROCO:6850: 61.94

BiOptic's Days Sales Outstanding increased from Dec. 2022 (34.63) to Dec. 2023 (61.79).

BiOptic Days Sales Outstanding Historical Data

The historical data trend for BiOptic'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.

* Premium members only.

BiOptic Days Sales Outstanding Chart

BiOptic Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

57.81

71.78

67.80

53.57

59.47

BiOptic Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial					43.71	62.10	34.63	64.87	61.79

Competitive Comparison of BiOptic's Days Sales Outstanding

For the Biotechnology subindustry, BiOptic'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.

BiOptic's Days Sales Outstanding Distribution in the Biotechnology Industry

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

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

BiOptic 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.

BiOptic'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
=	( (31.189	+	43.195)	/	2 )	/	228.269	*	365
=	37.192					/	228.269	*	365
=	59.47

BiOptic'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
=	( (41.825	+	43.195)	/	2 )	/	125.558	*	365 / 2
=	42.51					/	125.558	*	365 / 2
=	61.79

BiOptic (ROCO:6850) Days Sales Outstanding Explanation

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

BiOptic Days Sales Outstanding Related Terms

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BiOptic (ROCO:6850) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » BiOptic Inc (ROCO:6850) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

N/A

Address

No 6, Ln, 130 Minquan Road, 5th Floor, Hsin- Tien District, New Taipei, TWN, 23141

Website

https://www.bioptic.com

BiOptic Inc is a biotechnology instrumentation company that develops innovative scientific products for research and clinical applications. It serves professionals and laboratories dedicated to life science research, clinical diagnostics, pharmaceutical and food industries, animal husbandry and agriculture, performing diagnostic molecular genetic analyses.

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