Pro Medicus (ASX:PME) Days Sales Outstanding : 98.25 (As of Dec. 2023)

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What is Pro Medicus Days Sales Outstanding?

Pro Medicus's average Accounts Receivable for the six months ended in Dec. 2023 was A$39.9 Mil. Pro Medicus's Revenue for the six months ended in Dec. 2023 was A$74.1 Mil. Hence, Pro Medicus's Days Sales Outstanding for the six months ended in Dec. 2023 was 98.25.

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

ASX:PME' s Days Sales Outstanding Range Over the Past 10 Years
Min: 39.42 Med: 70.89 Max: 103.17
Current: 103.17

During the past 13 years, Pro Medicus's highest Days Sales Outstanding was 103.17. The lowest was 39.42. And the median was 70.89.

ASX:PME's Days Sales Outstanding is ranked worse than
87.13% of 637 companies
in the Healthcare Providers & Services industry
Industry Median: 46.01 vs ASX:PME: 103.17

Pro Medicus's Days Sales Outstanding declined from Dec. 2022 (110.10) to Dec. 2023 (98.25).

Pro Medicus Days Sales Outstanding Historical Data

The historical data trend for Pro Medicus'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.

Pro Medicus Days Sales Outstanding Chart

Pro Medicus Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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82.55

100.23

96.56

98.49

98.70

Pro Medicus 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															95.62	95.62	110.10	107.86	98.25

Competitive Comparison of Pro Medicus's Days Sales Outstanding

For the Health Information Services subindustry, Pro Medicus'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.

Pro Medicus's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Pro Medicus's Days Sales Outstanding distribution charts can be found below:

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

Pro Medicus 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.

Pro Medicus's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (27.837	+	39.65)	/	2 )	/	124.787	*	365
=	33.7435					/	124.787	*	365
=	98.70

Pro Medicus'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
=	( (39.65	+	40.109)	/	2 )	/	74.074	*	365 / 2
=	39.8795					/	74.074	*	365 / 2
=	98.25

Pro Medicus (ASX:PME) Days Sales Outstanding Explanation

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

Pro Medicus Days Sales Outstanding Related Terms

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Pro Medicus (ASX:PME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Pro Medicus Ltd (ASX:PME) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

PMCUF:USA PMC:Germany

Address

450 Swan Street, Richmond, Melbourne, VIC, AUS, 3121

Website

https://www.promed.com.au

Pro Medicus is a healthcare IT company specializing in radiology imaging software. Its main product, Visage 7, is a clinical desktop application that radiologists use to view, enhance, and manipulate images from any device and make a diagnosis. Its main customers are U.S. private academic hospitals. In fiscal 2022, Pro Medicus earned 79% of revenue in North America, 16% from Australia, and the remaining 6% in Europe.