iSpecimen (iSpecimen) Days Sales Outstanding : 43.13 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is iSpecimen Days Sales Outstanding?

iSpecimen's average Accounts Receivable for the three months ended in Dec. 2023 was $1.22 Mil. iSpecimen's Revenue for the three months ended in Dec. 2023 was $2.58 Mil. Hence, iSpecimen's Days Sales Outstanding for the three months ended in Dec. 2023 was 43.13.

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

ISPC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.76 Med: 76.6 Max: 85.21
Current: 62.48

During the past 6 years, iSpecimen's highest Days Sales Outstanding was 85.21. The lowest was 42.76. And the median was 76.60.

ISPC's Days Sales Outstanding is ranked better than
62.78% of 223 companies
in the Medical Diagnostics & Research industry
Industry Median: 69.32 vs ISPC: 62.48

iSpecimen's Days Sales Outstanding declined from Dec. 2022 (52.11) to Dec. 2023 (43.13).

iSpecimen Days Sales Outstanding Historical Data

The historical data trend for iSpecimen'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.

iSpecimen Days Sales Outstanding Chart

iSpecimen Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

78.98

52.63

74.21

80.71

42.76

iSpecimen Quarterly Data
	Dec18	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														52.11	71.21	125.36	51.98	43.13

Competitive Comparison of iSpecimen's Days Sales Outstanding

For the Diagnostics & Research subindustry, iSpecimen'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.

iSpecimen's Days Sales Outstanding Distribution in the Medical Diagnostics & Research Industry

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

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

iSpecimen 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.

iSpecimen'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
=	( (1.598	+	0.728)	/	2 )	/	9.928	*	365
=	1.163					/	9.928	*	365
=	42.76

iSpecimen'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
=	( (1.706	+	0.728)	/	2 )	/	2.575	*	365 / 4
=	1.217					/	2.575	*	365 / 4
=	43.13

iSpecimen (NAS:ISPC) Days Sales Outstanding Explanation

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

iSpecimen Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of iSpecimen's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

iSpecimen (iSpecimen) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » iSpecimen Inc (NAS:ISPC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

450 Bedford Street, Lexington, MA, USA, 02420

Website

https://www.ispecimen.com

iSpecimen Inc is a technology-driven company focused on connecting life science researchers who need human biofluids, solid tissues, and hematopoietic stem and immune cells for their research, with the available biospecimens. The company generates revenue by procuring various specimens from hospitals, laboratories, and other supply sites. Geographically, it has a presence in the Americas; Europe, the Middle East, Africa, and Asia Pacific, which majority, comes from the Americas.

Executives

Benjamin Bielak	officer: Chief Information Officer	450 BEDFORD STREET, LEXINGTON MA 02420
Tracy Curley	officer: Chief Financial Officer	450 BEDFORD STREET, LEXINGTON MA 02420
Joseph J. Basile	director	450 BEDFORD STREET, LEXINGTON MA 02420
Andrew L. Ross	director, 10 percent owner	450 BEDFORD STREET, LEXINGTON MA 02420
Gullans Steven R. Ph.d.	director	C/O EXCEL VENTURE MANAGEMENT, LLC, 800 BOYLSTON ST., STE 2825, BOSTON MA 02199
John L Brooks	director	100 LOWDER BROOK DRIVE SUITE 2500, WESTWOOD MA 02090
Obf Investments, Llc	10 percent owner	450 BEDFORD STREET, LEXINGTON MA 02420
Margaret H. Lawrence	director	450 BEDFORD STREET, LEXINGTON MA 02420
George H. Scholl	director	450 BEDFORD STREET, LEXINGTON MA 02420
Christopher Ianelli	director, officer: CEO, President	450 BEDFORD STREET, LEXINGTON MA 02420
Jill Mullan	director, officer: COO, Secretary, Treasurer	450 BEDFORD STREET, LEXINGTON MA 02420