C-Rad AB (LTS:0R44) Days Sales Outstanding : 102.38 (As of Mar. 2024)

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What is C-Rad AB Days Sales Outstanding?

C-Rad AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr132.4 Mil. C-Rad AB's Revenue for the three months ended in Mar. 2024 was kr118.0 Mil. Hence, C-Rad AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 102.38.

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

LTS:0R44' s Days Sales Outstanding Range Over the Past 10 Years
Min: 65.09 Med: 87.79 Max: 122.65
Current: 119.74

During the past 13 years, C-Rad AB's highest Days Sales Outstanding was 122.65. The lowest was 65.09. And the median was 87.79.

LTS:0R44's Days Sales Outstanding is ranked worse than
83.35% of 811 companies
in the Medical Devices & Instruments industry
Industry Median: 65.11 vs LTS:0R44: 119.74

C-Rad AB's Days Sales Outstanding declined from Mar. 2023 (139.44) to Mar. 2024 (102.38).

C-Rad AB Days Sales Outstanding Historical Data

The historical data trend for C-Rad 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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C-Rad AB Days Sales Outstanding Chart

C-Rad AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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70.62

78.76

109.83

122.65

95.65

C-Rad AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															139.44	168.10	137.33	88.90	102.38

Competitive Comparison of C-Rad AB's Days Sales Outstanding

For the Medical Devices subindustry, C-Rad 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.

C-Rad AB's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

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

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

C-Rad 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.

C-Rad 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
=	( (105.845	+	116.691)	/	2 )	/	424.615	*	365
=	111.268					/	424.615	*	365
=	95.65

C-Rad AB's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (116.691	+	148.1)	/	2 )	/	118	*	365 / 4
=	132.3955					/	118	*	365 / 4
=	102.38

C-Rad AB (LTS:0R44) Days Sales Outstanding Explanation

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

C-Rad AB Days Sales Outstanding Related Terms

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C-Rad AB (LTS:0R44) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » C-Rad AB (LTS:0R44) » Definitions » Days Sales Outstanding

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CRAD B:Sweden 24C:Germany

Address

Sjukhusvägen 12K, Uppsala, SWE, 753 09

Website

https://www.c-rad.com

C-Rad AB is a Sweden based company engaged in the development and sales of systems with applications in radiation therapy for the treatment of cancer. The systems can be used to position the patient before the treatment and to localize and monitor the tumor by recording information such as patient movements during radiation treatment. The operating segments of the group are the Positioning segment which includes development and sales of products in the field of patient positioning during radiotherapy, including catalyst, sentinel, and HIT lasers; and the Imaging segment which includes the development of imaging devices and detectors for cancer treatments and dosimetry. It generates maximum revenue from the Positioning segment. The firm sells its products in Sweden and internationally.

C-Rad AB (LTS:0R44) Headlines

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