Mainz Biomed NV (Mainz Biomed NV) Days Sales Outstanding : 43.08 (As of Dec. 2023)

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What is Mainz Biomed NV Days Sales Outstanding?

Mainz Biomed NV's average Accounts Receivable for the three months ended in Dec. 2023 was $0.10 Mil. Mainz Biomed NV's Revenue for the three months ended in Dec. 2023 was $0.22 Mil. Hence, Mainz Biomed NV's Days Sales Outstanding for the three months ended in Dec. 2023 was 43.08.

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

MYNZ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.29 Med: 31.03 Max: 51.96
Current: 39.6

During the past 5 years, Mainz Biomed NV's highest Days Sales Outstanding was 51.96. The lowest was 19.29. And the median was 31.03.

MYNZ's Days Sales Outstanding is ranked better than
84.09% of 220 companies
in the Medical Diagnostics & Research industry
Industry Median: 69.44 vs MYNZ: 39.60

Mainz Biomed NV's Days Sales Outstanding increased from Dec. 2022 (30.26) to Dec. 2023 (43.08).

Mainz Biomed NV Days Sales Outstanding Historical Data

The historical data trend for Mainz Biomed NV'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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Mainz Biomed NV Days Sales Outstanding Chart

Mainz Biomed NV Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

51.96

31.03

19.29

27.89

32.22

Mainz Biomed NV Quarterly Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial								30.26	34.31	40.13	51.14	43.08

Competitive Comparison of Mainz Biomed NV's Days Sales Outstanding

For the Diagnostics & Research subindustry, Mainz Biomed NV'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.

Mainz Biomed NV's Days Sales Outstanding Distribution in the Medical Diagnostics & Research Industry

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

* The bar in red indicates where Mainz Biomed NV's Days Sales Outstanding falls into.

Mainz Biomed NV 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.

Mainz Biomed NV'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
=	( (0.064	+	0.094)	/	2 )	/	0.895	*	365
=	0.079					/	0.895	*	365
=	32.22

Mainz Biomed NV'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
=	( (0.109	+	0.094)	/	2 )	/	0.215	*	365 / 4
=	0.1015					/	0.215	*	365 / 4
=	43.08

Mainz Biomed NV (NAS:MYNZ) Days Sales Outstanding Explanation

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

Mainz Biomed NV Days Sales Outstanding Related Terms

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Mainz Biomed NV (Mainz Biomed NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Mainz Biomed NV (NAS:MYNZ) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

4TO:Germany

Address

Robert Koch Strasse 5, Sirius Gutenberg Park, Mainz, RP, DEU, 55129

Website

https://www.mainzbiomed.com

Mainz Biomed NV is engaged in developing molecular genetic diagnostic solutions for life-threatening conditions. Its main product Coloalert is a kit that includes a stool collector and shipping instructions to return the kit through regular mail to their local lab for testing and results.