Modulight (OHEL:MODU) Days Sales Outstanding : 226.94 (As of Dec. 2023)

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What is Modulight Days Sales Outstanding?

Modulight's average Accounts Receivable for the six months ended in Dec. 2023 was €1.77 Mil. Modulight's Revenue for the six months ended in Dec. 2023 was €1.43 Mil. Hence, Modulight's Days Sales Outstanding for the six months ended in Dec. 2023 was 226.94.

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

OHEL:MODU' s Days Sales Outstanding Range Over the Past 10 Years
Min: 110.61 Med: 231.06 Max: 343.45
Current: 198.38

During the past 6 years, Modulight's highest Days Sales Outstanding was 343.45. The lowest was 110.61. And the median was 231.06.

OHEL:MODU's Days Sales Outstanding is ranked worse than
92.46% of 809 companies
in the Medical Devices & Instruments industry
Industry Median: 65.13 vs OHEL:MODU: 198.38

Modulight's Days Sales Outstanding declined from Dec. 2022 (295.44) to Dec. 2023 (226.94).

Modulight Days Sales Outstanding Historical Data

The historical data trend for Modulight'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.

Modulight Days Sales Outstanding Chart

Modulight Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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210.92

251.19

262.43

343.45

178.37

Modulight Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial					311.78	465.29	295.44	198.22	226.94

Competitive Comparison of Modulight's Days Sales Outstanding

For the Medical Devices subindustry, Modulight'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.

Modulight's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

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

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

Modulight 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.

Modulight'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
=	( (3.019	+	0.915)	/	2 )	/	4.025	*	365
=	1.967					/	4.025	*	365
=	178.37

Modulight'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
=	( (2.629	+	0.915)	/	2 )	/	1.425	*	365 / 2
=	1.772					/	1.425	*	365 / 2
=	226.94

Modulight (OHEL:MODU) Days Sales Outstanding Explanation

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

Modulight Days Sales Outstanding Related Terms

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Modulight (OHEL:MODU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Modulight Corp (OHEL:MODU) » Definitions » Days Sales Outstanding

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78W:Germany

Address

Hermiankatu 22, Tampere, FIN, 33720

Website

https://www.modulight.com

Modulight Corp is a biomedical company that designs and manufactures laser devices for the treatment of cancer and eye diseases and for genetics. The company also manufactures products for other high value-add applications such as quantum computing.

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