Durect's average Accounts Receivable for the
three
months ended in Dec. 2023 was $1.07 Mil. Durect's Revenue for the
three
months ended in Dec. 2023 was $2.67 Mil.
Hence, Durect's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 36.65.
The historical rank and industry rank for Durect's Days Sales Outstanding or its related term are showing as below:
DRRX'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.1 Med: 43 Max: 100
Current: 70.64
During the past 13 years, Durect's highest Days Sales Outstanding was 100.00. The lowest was 13.10. And the median was 43.00.
DRRX's Days Sales Outstanding is ranked better than 51.25% of 999
companies
in the Drug Manufacturers industry
Industry Median: 71.93
vs DRRX: 70.64
Durect's Days Sales Outstanding
declined
from Dec. 2022 (91.55) to Dec. 2023 (36.65).
Durect Days Sales Outstanding Historical Data
The historical data trend for Durect'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.
For the Drug Manufacturers - Specialty & Generic subindustry, Durect'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.
Durect Days Sales Outstanding Distribution
For the Drug Manufacturers industry and Healthcare sector, Durect's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Durect's Days Sales Outstanding falls into.
Durect 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.
* 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.
Durect (NAS:DRRX) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Durect Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Durect's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Durect Corp is a biopharmaceutical company. It is engaged in the research, development, and manufacturing of pharmaceutical products. The company develops pharmaceutical products based on two categories which include new chemical entities and proprietary pharmaceutical programs. The company's pipeline products consist of DUR-928, POSIMIR, and others. Geographically, the company operates in the United States, Europe, Japan, and other countries, of which key revenue is derived from the Europe .
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