Adbiotech Co (XKRX:179530) Days Sales Outstanding : 49.32 (As of Mar. 2024)

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What is Adbiotech Co Days Sales Outstanding?

Adbiotech Co's average Accounts Receivable for the three months ended in Mar. 2024 was ₩1,584 Mil. Adbiotech Co's Revenue for the three months ended in Mar. 2024 was ₩2,930 Mil. Hence, Adbiotech Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 49.32.

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

XKRX:179530' s Days Sales Outstanding Range Over the Past 10 Years
Min: 54.87 Med: 60.46 Max: 92.18
Current: 55.81

During the past 5 years, Adbiotech Co's highest Days Sales Outstanding was 92.18. The lowest was 54.87. And the median was 60.46.

XKRX:179530's Days Sales Outstanding is ranked better than
64.38% of 890 companies
in the Biotechnology industry
Industry Median: 72.665 vs XKRX:179530: 55.81

Adbiotech Co's Days Sales Outstanding declined from Mar. 2023 (54.36) to Mar. 2024 (49.32).

Adbiotech Co Days Sales Outstanding Historical Data

The historical data trend for Adbiotech Co'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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Adbiotech Co Days Sales Outstanding Chart

Adbiotech Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

54.87

58.34

80.61

92.18

60.46

Adbiotech Co Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial									54.36	55.77	44.65	62.44	49.32

Competitive Comparison of Adbiotech Co's Days Sales Outstanding

For the Biotechnology subindustry, Adbiotech Co'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.

Adbiotech Co's Days Sales Outstanding Distribution in the Biotechnology Industry

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

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

Adbiotech Co 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.

Adbiotech Co'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
=	( (1872.915	+	1596.297)	/	2 )	/	10471.95	*	365
=	1734.606					/	10471.95	*	365
=	60.46

Adbiotech Co'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
=	( (1596.297	+	1571.556)	/	2 )	/	2930.338	*	365 / 4
=	1583.9265					/	2930.338	*	365 / 4
=	49.32

Adbiotech Co (XKRX:179530) Days Sales Outstanding Explanation

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

Adbiotech Co Days Sales Outstanding Related Terms

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Adbiotech Co (XKRX:179530) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Adbiotech Co Ltd (XKRX:179530) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

39, Geodudanji 1-gil, Dongnae-myeon, Gangwon-do, Chuncheon, KOR, 24398

Website

http://www.adbiotech.com

Adbiotech Co Ltd is a life science company. It develops a vaccine and antibiotic-friendly substances such as IgY, Immunoglobulin in Yolk for human, animal and fish oral antibody products, and functional cosmetics and food additives. The company aim to develop Helico IgY, Cholesterol IgY, and Ulcerative Colitis natural product medicines.

Adbiotech Co (XKRX:179530) Headlines

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