2cureX AB (OSTO:2CUREX) Days Sales Outstanding : 2,719.67 (As of Sep. 2023)

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What is 2cureX AB Days Sales Outstanding?

2cureX AB's average Accounts Receivable for the three months ended in Sep. 2023 was kr2.59 Mil. 2cureX AB's Revenue for the three months ended in Sep. 2023 was kr0.09 Mil. Hence, 2cureX AB's Days Sales Outstanding for the three months ended in Sep. 2023 was 2,719.67.

The historical rank and industry rank for 2cureX AB's Days Sales Outstanding or its related term are showing as below:

OSTO:2CUREX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0 Med: 0 Max: 4993.83
Current: 4993.83

During the past 8 years, 2cureX AB's highest Days Sales Outstanding was 4993.83. The lowest was 0.00. And the median was 0.00.

OSTO:2CUREX's Days Sales Outstanding is ranked worse than
98.88% of 893 companies
in the Biotechnology industry
Industry Median: 73.01 vs OSTO:2CUREX: 4993.83

2cureX AB's Days Sales Outstanding declined from Sep. 2022 (67,102.97) to Sep. 2023 (2,719.67).

2cureX AB Days Sales Outstanding Historical Data

The historical data trend for 2cureX 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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2cureX AB Days Sales Outstanding Chart

2cureX AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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2cureX AB Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															67,102.97	6,266.20	19,724.04	3,680.64	2,719.67

Competitive Comparison of 2cureX AB's Days Sales Outstanding

For the Biotechnology subindustry, 2cureX 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.

2cureX AB's Days Sales Outstanding Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, 2cureX AB's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where 2cureX AB's Days Sales Outstanding falls into.

2cureX 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.

2cureX AB'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	+	0)	/	1 )	/	0.09	*	365
=	0					/	0.09	*	365
=	0.00

2cureX AB's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (2.595	+	2.591)	/	2 )	/	0.087	*	365 / 4
=	2.593					/	0.087	*	365 / 4
=	2,719.67

2cureX AB (OSTO:2CUREX) Days Sales Outstanding Explanation

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

2cureX AB Days Sales Outstanding Related Terms

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2cureX AB (OSTO:2CUREX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » 2cureX AB (OSTO:2CUREX) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

2QE:Germany

Address

Fruebjergvej 3, Copenhagen, DNK, DK-2100

Website

https://www.2curex.com

2cureX AB is a biotech company. The company is engaged in improving treatment efficiency, mainly for cancer patients. It is involved in developing a product, namely IndiTreat, which is a technology for the treatment of colorectal, ovarian, and pancreatic cancers. The company's sub-products include IndiTreat Test, IndiTreat clinical programs, and IndiTreat Therapy Design.

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