NuGen Medical Devices (TSXV:NGMD) Days Sales Outstanding : 27.54 (As of Dec. 2023)

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What is NuGen Medical Devices Days Sales Outstanding?

NuGen Medical Devices's average Accounts Receivable for the three months ended in Dec. 2023 was C$0.05 Mil. NuGen Medical Devices's Revenue for the three months ended in Dec. 2023 was C$0.17 Mil. Hence, NuGen Medical Devices's Days Sales Outstanding for the three months ended in Dec. 2023 was 27.54.

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

TSXV:NGMD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.89 Med: 19.46 Max: 34.55
Current: 34.55

During the past 4 years, NuGen Medical Devices's highest Days Sales Outstanding was 34.55. The lowest was 14.89. And the median was 19.46.

TSXV:NGMD's Days Sales Outstanding is ranked better than
88.41% of 811 companies
in the Medical Devices & Instruments industry
Industry Median: 65.11 vs TSXV:NGMD: 34.55

NuGen Medical Devices's Days Sales Outstanding declined from Sep. 2022 (114.06) to Dec. 2023 (27.54).

NuGen Medical Devices Days Sales Outstanding Historical Data

The historical data trend for NuGen Medical Devices'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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NuGen Medical Devices Days Sales Outstanding Chart

NuGen Medical Devices Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

23.30

18.51

20.41

14.89

NuGen Medical Devices Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial								114.06	22.81	28.52	35.40	27.54

Competitive Comparison of NuGen Medical Devices's Days Sales Outstanding

For the Medical Devices subindustry, NuGen Medical Devices'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.

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

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

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

NuGen Medical Devices 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.

NuGen Medical Devices'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
=	( (0.006	+	0.021)	/	2 )	/	0.331	*	365
=	0.0135					/	0.331	*	365
=	14.89

NuGen Medical Devices'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0.081	+	0.021)	/	2 )	/	0.169	*	365 / 4
=	0.051					/	0.169	*	365 / 4
=	27.54

NuGen Medical Devices (TSXV:NGMD) Days Sales Outstanding Explanation

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

NuGen Medical Devices Days Sales Outstanding Related Terms

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NuGen Medical Devices (TSXV:NGMD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » NuGen Medical Devices Inc (TSXV:NGMD) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

NGMDF:USA 79O:Germany

Address

18 King Street East, Suite 1400, Toronto, ON, CAN, M5C 1C4

Website

https://www.nugenmd.com

NuGen Medical Devices Inc is a medical device manufacturing company specializing in the field of needleless injections and related technologies. The reportable segment of the company is the manufacturing of needless injector devices. Geographically the company generates revenue from Asia, Europe and others.

Executives

Richard Buzbuzian

Director, Senior Officer

NuGen Medical Devices (TSXV:NGMD) Headlines

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