Level Biotechnology (ROCO:3118) Days Sales Outstanding : 61.06 (As of Mar. 2024)

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What is Level Biotechnology Days Sales Outstanding?

Level Biotechnology's average Accounts Receivable for the three months ended in Mar. 2024 was NT$119.3 Mil. Level Biotechnology's Revenue for the three months ended in Mar. 2024 was NT$178.2 Mil. Hence, Level Biotechnology's Days Sales Outstanding for the three months ended in Mar. 2024 was 61.06.

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

ROCO:3118' s Days Sales Outstanding Range Over the Past 10 Years
Min: 61.26 Med: 68.22 Max: 79.03
Current: 61.26

During the past 13 years, Level Biotechnology's highest Days Sales Outstanding was 79.03. The lowest was 61.26. And the median was 68.22.

ROCO:3118's Days Sales Outstanding is ranked better than
59.01% of 888 companies
in the Biotechnology industry
Industry Median: 72.34 vs ROCO:3118: 61.26

Level Biotechnology's Days Sales Outstanding declined from Mar. 2023 (72.97) to Mar. 2024 (61.06).

Level Biotechnology Days Sales Outstanding Historical Data

The historical data trend for Level Biotechnology'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.

Level Biotechnology Days Sales Outstanding Chart

Level Biotechnology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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79.03

77.15

65.73

64.80

62.65

Level Biotechnology 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															72.97	62.65	64.52	55.29	61.06

Competitive Comparison of Level Biotechnology's Days Sales Outstanding

For the Biotechnology subindustry, Level Biotechnology'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.

Level Biotechnology's Days Sales Outstanding Distribution in the Biotechnology Industry

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

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

Level Biotechnology 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.

Level Biotechnology'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
=	( (116.767	+	110.028)	/	2 )	/	660.611	*	365
=	113.3975					/	660.611	*	365
=	62.65

Level Biotechnology'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
=	( (110.028	+	128.499)	/	2 )	/	178.227	*	365 / 4
=	119.2635					/	178.227	*	365 / 4
=	61.06

Level Biotechnology (ROCO:3118) Days Sales Outstanding Explanation

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

Level Biotechnology Days Sales Outstanding Related Terms

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Level Biotechnology (ROCO:3118) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Level Biotechnology Inc (ROCO:3118) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.80, Lane 169, Kangning Street, Hsi-Chih, New Taipei, TWN, 221

Website

http://www.level.com.tw

Level Biotechnology Inc is a Taiwan based company engages in the provision of biotechnological services. It offers cell culture, immune protein, gene nucleic acids, and molecular biology, and instruments and equipment. It offers preclinical trial services in the areas of mammalian toxicology, genetic toxicology, pharmacology, biocompatibility, and model animal production.

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