PolarCool AB (XSAT:POLAR) Days Sales Outstanding : 132.33 (As of Dec. 2023)

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What is PolarCool AB Days Sales Outstanding?

PolarCool AB's average Accounts Receivable for the three months ended in Dec. 2023 was kr0.49 Mil. PolarCool AB's Revenue for the three months ended in Dec. 2023 was kr0.34 Mil. Hence, PolarCool AB's Days Sales Outstanding for the three months ended in Dec. 2023 was 132.33.

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

XSAT:POLAR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.44 Med: 18.02 Max: 65.3
Current: 65.3

During the past 7 years, PolarCool AB's highest Days Sales Outstanding was 65.30. The lowest was 12.44. And the median was 18.02.

XSAT:POLAR's Days Sales Outstanding is ranked worse than
50.99% of 812 companies
in the Medical Devices & Instruments industry
Industry Median: 64.325 vs XSAT:POLAR: 65.30

PolarCool AB's Days Sales Outstanding increased from Dec. 2022 (58.33) to Dec. 2023 (132.33).

PolarCool AB Days Sales Outstanding Historical Data

The historical data trend for PolarCool AB'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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PolarCool AB Days Sales Outstanding Chart

PolarCool AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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12.44

15.64

30.82

18.02

65.26

PolarCool AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															58.33	28.29	16.44	88.72	132.33

Competitive Comparison of PolarCool AB's Days Sales Outstanding

For the Medical Devices subindustry, PolarCool AB'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.

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

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

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

PolarCool AB 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.

PolarCool AB'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
=	( (0.111	+	0.38)	/	2 )	/	1.373	*	365
=	0.2455					/	1.373	*	365
=	65.26

PolarCool AB'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
=	( (0.609	+	0.38)	/	2 )	/	0.341	*	365 / 4
=	0.4945					/	0.341	*	365 / 4
=	132.33

PolarCool AB (XSAT:POLAR) Days Sales Outstanding Explanation

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

PolarCool AB Days Sales Outstanding Related Terms

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PolarCool AB (XSAT:POLAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » PolarCool AB (XSAT:POLAR) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

98H:Germany

Address

Medicon Village, Scheelevagen 2, Lund, SWE, 223 8

Website

http://www.polarcap.com

PolarCool AB is a Sweden based medical device company. It develops, markets, and sells products for sports medicine. The company focuses on the treatment of concussive and sub-concussive brain injury with the portable cooling device PolarCap System. Its device PolarCap is a portable brain cooling device System available for athletes, teams, and organizations.

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