Chemed's average Accounts Receivable for the
three
months ended in Dec. 2023 was $175 Mil. Chemed's Revenue for the
three
months ended in Dec. 2023 was $586 Mil.
Hence, Chemed's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 27.22.
The historical rank and industry rank for Chemed's Days Sales Outstanding or its related term are showing as below:
CHE'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.53 Med: 25.33 Max: 27.58
Current: 24.6
During the past 13 years, Chemed's highest Days Sales Outstanding was 27.58. The lowest was 22.53. And the median was 25.33.
CHE's Days Sales Outstanding is ranked better than 76.61% of 637
companies
in the Healthcare Providers & Services industry
Industry Median: 46.01
vs CHE: 24.60
Chemed's Days Sales Outstanding
increased
from Dec. 2022 (21.79) to Dec. 2023 (27.22).
Chemed Days Sales Outstanding Historical Data
The historical data trend for Chemed'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.
Competitive Comparison of Chemed's Days Sales Outstanding
For the Medical Care Facilities subindustry, Chemed'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.
Chemed's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Chemed's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Chemed's Days Sales Outstanding falls into.
Chemed 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.
* 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.
Chemed (NYSE:CHE) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Chemed Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Chemed's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Chemed Corp operates subsidiaries in two main segments: VITAS and Roto-Rooter. The VITAS segment generates the majority of the firm's revenue. It provides hospice and palliative-care services to patients with terminal illnesses through a network of physicians, registered nurses, home health aides, social workers, and volunteers. The vast majority of the segment's revenue is received from the Medicare and Medicaid reimbursement programs. The Roto-Rooter segment provides plumbing, drain cleaning, water restoration, and related services to residential and commercial customers. Chemed generates the majority of its revenue from business in the United States.
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