Molekule Group (FRA:9O6) Days Sales Outstanding : 11.15 (As of Jun. 2023)

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What is Molekule Group Days Sales Outstanding?

Molekule Group's average Accounts Receivable for the three months ended in Jun. 2023 was €1.49 Mil. Molekule Group's Revenue for the three months ended in Jun. 2023 was €12.22 Mil. Hence, Molekule Group's Days Sales Outstanding for the three months ended in Jun. 2023 was 11.15.

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

FRA:9O6' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.08 Med: 137.98 Max: 171.24
Current: 11.08

During the past 4 years, Molekule Group's highest Days Sales Outstanding was 171.24. The lowest was 11.08. And the median was 137.98.

FRA:9O6's Days Sales Outstanding is not ranked
in the Industrial Products industry.
Industry Median: 79.67 vs FRA:9O6: 11.08

Molekule Group's Days Sales Outstanding declined from Jun. 2022 (21.11) to Jun. 2023 (11.15).

Molekule Group Days Sales Outstanding Historical Data

The historical data trend for Molekule Group'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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Molekule Group Days Sales Outstanding Chart

Molekule Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

104.95

162.89

Molekule Group Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial									21.11	29.39	24.40	5.74	11.15

Competitive Comparison of Molekule Group's Days Sales Outstanding

For the Pollution & Treatment Controls subindustry, Molekule Group'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.

Molekule Group's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Molekule Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Molekule Group's Days Sales Outstanding falls into.

Molekule Group 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.

Molekule Group's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (0.157	+	0.034)	/	2 )	/	0.214	*	365
=	0.0955					/	0.214	*	365
=	162.89

Molekule Group's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (0.947	+	2.041)	/	2 )	/	12.223	*	365 / 4
=	1.494					/	12.223	*	365 / 4
=	11.15

Molekule Group (FRA:9O6) Days Sales Outstanding Explanation

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

Molekule Group Days Sales Outstanding Related Terms

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Molekule Group (FRA:9O6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Molekule Group Inc (FRA:9O6) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

MKULQ:USA

Address

10455 Riverside Drive, Palm Beach Gardens, FL, USA, 33410

Website

https://www.molekule.com

Molekule Group Inc is an interior space air purification technology company with an immediate objective of initiating full-scale commercialization of its high-performance interior air sterilization and disinfection products for the eradication of coronavirus and other harmful airborne pathogens. The Company was established to develop technology-driven, medical-grade air purification solutions for hospitals and other healthcare settings. Its air hygiene product, Purgo, is an FD medical device that provides continuous air filtration, sanitization, and supplemental ventilation solutions with technology that can be applied in any indoor space including in hospitals, offices, and even in elevators.

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