MeVis Medical Solutions AG (XTER:M3V) Days Sales Outstanding : 48.71 (As of Sep. 2023)

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What is MeVis Medical Solutions AG Days Sales Outstanding?

MeVis Medical Solutions AG's average Accounts Receivable for the six months ended in Sep. 2023 was €2.37 Mil. MeVis Medical Solutions AG's Revenue for the six months ended in Sep. 2023 was €8.87 Mil. Hence, MeVis Medical Solutions AG's Days Sales Outstanding for the six months ended in Sep. 2023 was 48.71.

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

XTER:M3V' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.65 Med: 61.75 Max: 83.8
Current: 61.34

During the past 13 years, MeVis Medical Solutions AG's highest Days Sales Outstanding was 83.80. The lowest was 52.65. And the median was 61.75.

XTER:M3V's Days Sales Outstanding is ranked worse than
65.63% of 640 companies
in the Healthcare Providers & Services industry
Industry Median: 45.94 vs XTER:M3V: 61.34

MeVis Medical Solutions AG's Days Sales Outstanding declined from Sep. 2022 (72.28) to Sep. 2023 (48.71).

MeVis Medical Solutions AG Days Sales Outstanding Historical Data

The historical data trend for MeVis Medical Solutions AG'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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MeVis Medical Solutions AG Days Sales Outstanding Chart

MeVis Medical Solutions AG Annual Data

Trend

Dec13

Dec14

Dec15

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Sales Outstanding

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52.65

55.88

56.49

61.09

70.09

MeVis Medical Solutions AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															46.28	67.87	72.28	65.60	48.71

Competitive Comparison of MeVis Medical Solutions AG's Days Sales Outstanding

For the Health Information Services subindustry, MeVis Medical Solutions AG'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.

MeVis Medical Solutions AG's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, MeVis Medical Solutions AG's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where MeVis Medical Solutions AG's Days Sales Outstanding falls into.

MeVis Medical Solutions AG 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.

MeVis Medical Solutions AG's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

	Days Sales Outstanding (A: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (4.008	+	2.652)	/	2 )	/	17.342	*	365
=	3.33					/	17.342	*	365
=	70.09

MeVis Medical Solutions AG'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: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (2.083	+	2.652)	/	2 )	/	8.87	*	365 / 2
=	2.3675					/	8.87	*	365 / 2
=	48.71

MeVis Medical Solutions AG (XTER:M3V) Days Sales Outstanding Explanation

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

MeVis Medical Solutions AG Days Sales Outstanding Related Terms

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MeVis Medical Solutions AG (XTER:M3V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » MeVis Medical Solutions AG (XTER:M3V) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

M3V:Germany M3V:Germany

Address

Caroline-Herschel-Strasse 1, Bremen, DEU, 28359

Website

http://www.mevis.de

MeVis Medical Solutions AG is a provider of medical software products. The company markets its products to equipment manufacturer of medical devices and providers of medical information technology platforms. Its segment includes Digital mammography and Other diagnostics. The Digital mammography segment develops and markets software products which assist in breast diagnostic imaging and intervention. Its Other diagnostics segment consists of digital radiology products. In addition, it also provides the general analysis of radiology images. The company's geographical area of operations includes the United States of America and Europe.

MeVis Medical Solutions AG (XTER:M3V) Headlines

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