CareView Communications (CareView Communications) Days Sales Outstanding : 77.31 (As of Dec. 2023)

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What is CareView Communications Days Sales Outstanding?

CareView Communications's average Accounts Receivable for the three months ended in Dec. 2023 was $1.50 Mil. CareView Communications's Revenue for the three months ended in Dec. 2023 was $1.77 Mil. Hence, CareView Communications's Days Sales Outstanding for the three months ended in Dec. 2023 was 77.31.

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

CRVW' s Days Sales Outstanding Range Over the Past 10 Years
Min: 39.87 Med: 66.17 Max: 85.33
Current: 55.06

During the past 13 years, CareView Communications's highest Days Sales Outstanding was 85.33. The lowest was 39.87. And the median was 66.17.

CRVW's Days Sales Outstanding is ranked worse than
58.24% of 637 companies
in the Healthcare Providers & Services industry
Industry Median: 46.01 vs CRVW: 55.06

CareView Communications's Days Sales Outstanding increased from Dec. 2022 (43.10) to Dec. 2023 (77.31).

CareView Communications Days Sales Outstanding Historical Data

The historical data trend for CareView Communications'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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CareView Communications Days Sales Outstanding Chart

CareView Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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85.33

79.10

48.63

43.45

39.87

CareView Communications Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															43.10	58.89	41.35	72.17	77.31

Competitive Comparison of CareView Communications's Days Sales Outstanding

For the Health Information Services subindustry, CareView Communications'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.

CareView Communications's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, CareView Communications's Days Sales Outstanding distribution charts can be found below:

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

CareView Communications 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.

CareView Communications'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
=	( (0.948	+	1.168)	/	2 )	/	9.685	*	365
=	1.058					/	9.685	*	365
=	39.87

CareView Communications'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1.826	+	1.168)	/	2 )	/	1.767	*	365 / 4
=	1.497					/	1.767	*	365 / 4
=	77.31

CareView Communications (OTCPK:CRVW) Days Sales Outstanding Explanation

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

CareView Communications Days Sales Outstanding Related Terms

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CareView Communications (CareView Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » CareView Communications Inc (OTCPK:CRVW) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

405 State Highway 121 Bypass, Suite B-240, Lewisville, TX, USA, 75067

Website

https://www.care-view.com

CareView Communications Inc is a United States-based company engaged in providing products and on-demand application services for the healthcare industry, specializing in bedside video monitoring, software tools to improve hospital communications and operations, and patient education and entertainment packages. It has developed a data network system called CareView System, which is a suite of video monitoring, guest services, and related applications that connect patients, families, and healthcare providers. The company also provides services to increase patient satisfaction scores and enhance the overall image of the hospital, including on-demand movies and video visits.

Executives

James R Higgins	director	405 HIGHWAY 121, SUITE B-240, LEWISVILLE TX 75067
L. Allen Wheeler	director, 10 percent owner	515 GILL FARRELL, DURANT OK 74701
Stephen G Johnson	director, 10 percent owner, officer: President and COO	804 TREE HAVEN CT., HIGHLAND VILLAGE TX 75077
Steven B Epstein	director
Jon E Freeman	officer: Chief Financial Officer	405 STATE HIGHWAY 121, SUITE B-240, LEWISVILLE TX 75067
David Richard White	director	405 STATE HIGHWAY 121, SUITE B-240, LEWISVILLE TX 75067
Jason T Thompson	director	405 HIGHWAY 121, SUITE B-240, LEWISVILLE TX 75067
Sandra K Mcree	officer: COO	405 HIGHWAY 121, SUITE B-240, LEWISVILLE TX 75067
Anthony P Piccin	officer: Chief Financial Officer	3704 EVERTON DRIVE, FLOWER MOUND TX 75022
Gerald L Murphy	director	PO BOX 4696, TULSA OK 74159
Jeffrey C Lightcap	director, 10 percent owner	152 W 57TH STREET 43RD FLOOR, NEW YORK NY 10019
Healthcor Partners Lp	director, 10 percent owner	152 W 57TH STREET 43RD FLOOR, NEW YORK NY 10019
Healthcor Partners Fund Lp	director, 10 percent owner	Carnegie Hall Tower, 152 West 57th Street, 47th Floor, New York NY 10019
Healthcor Partners Management Gp, Llc	director, 10 percent owner	152 W 57TH STREET 43RD FLOOR, NEW YORK NY 10019
Healthcor Partners Management Lp	director, 10 percent owner	701 EAST BAY STREET, SUITE 516, CHARLESTON SC 29403

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