Streamline Health Solutions (Streamline Health Solutions) Days Sales Outstanding

: 47.93 (As of Oct. 2023)

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Streamline Health Solutions's average Accounts Receivable for the three months ended in Oct. 2023 was $3.22 Mil. Streamline Health Solutions's Revenue for the three months ended in Oct. 2023 was $6.13 Mil. Hence, Streamline Health Solutions's Days Sales Outstanding for the three months ended in Oct. 2023 was 47.93.

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

STRM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.42 Med: 73.99 Max: 106.86
Current: 66.25

During the past 13 years, Streamline Health Solutions's highest Days Sales Outstanding was 106.86. The lowest was 48.42. And the median was 73.99.

STRM's Days Sales Outstanding is ranked worse than
70.49% of 637 companies
in the Healthcare Providers & Services industry
Industry Median: 46.01 vs STRM: 66.25

Streamline Health Solutions's Days Sales Outstanding declined from Oct. 2022 (50.40) to Oct. 2023 (47.93).

Streamline Health Solutions Days Sales Outstanding Historical Data

The historical data trend for Streamline Health Solutions'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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Streamline Health Solutions Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Days Sales Outstanding

48.42

76.20

79.54

70.90

84.63

Streamline Health Solutions Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Days Sales Outstanding																50.40	74.68	102.67	55.90	47.93

Competitive Comparison

For the Health Information Services subindustry, Streamline Health Solutions'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.

Streamline Health Solutions Days Sales Outstanding Distribution

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

* The bar in red indicates where Streamline Health Solutions's Days Sales Outstanding falls into.

Streamline Health Solutions 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.

Streamline Health Solutions's Days Sales Outstanding for the fiscal year that ended in Jan. 2023 is calculated as

	Days Sales Outstanding (A: Jan. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jan. 2022 )	+	Accounts Receivable (A: Jan. 2023 ))	/	count )	/	Revenue (A: Jan. 2023 )	*	Days in Period
=	( (3.823	+	7.719)	/	2 )	/	24.889	*	365
=	5.771					/	24.889	*	365
=	84.63

Streamline Health Solutions's Days Sales Outstanding for the quarter that ended in Oct. 2023 is calculated as:

	Days Sales Outstanding (Q: Oct. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jul. 2023 )	+	Accounts Receivable (A: Oct. 2023 ))	/	count )	/	Revenue (A: Oct. 2023 )	*	Days in Period
=	( (2.79	+	3.653)	/	2 )	/	6.133	*	365 / 4
=	3.2215					/	6.133	*	365 / 4
=	47.93

Streamline Health Solutions (NAS:STRM) Days Sales Outstanding Explanation

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

Streamline Health Solutions Days Sales Outstanding Related Terms

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Streamline Health Solutions (Streamline Health Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Streamline Health Solutions Inc (NAS:STRM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

LV1:Germany

Address

2400 Old Milton Parkway, Box 1353, Alpharetta, GA, USA, 30009

Website

https://www.streamlinehealth.net

Streamline Health Solutions Inc provides transformational data-driven solutions for healthcare organizations. It provides computer software-based solutions through its looking glass platform. Its solutions include coding and CDI, coding audit, and financial management solutions. It offers various services, such as custom integration services, training services, electronic image conversion and database monitoring services. It sells its solutions and services in North America to hospitals and health systems, including physician practices, through its direct sales force and its reseller partnerships.

Executives

Reeves Bryant J Iii	officer: Interim CFO	2400 OLD MILTON PARKWAY, BOX 1353, ALPHARETTA GA 30009
Benjamin Louis Stilwill	officer: President	4512 BAKER STREET, PHILADELPHIA PA 19127
Kenan Lucas	director	C/O HARBERT MANAGEMENT CORPORATION, 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Wendy L Lucio	officer: Chief People Officer	101 ABBY LANE, CARROLLTON GA 30117
Tamarack Global Healthcare Fund Qp, L.p.	other: Member of a group	5050 AVENIDA ENCINAS, SUITE 360, CARLSBAD CA 92008
David Driscoll	officer: SVP & Chief Revenue Officer	1175 PEACHTREE STREET NE, 10TH FLOOR, ATLANTA GA 30361
Raymond J Harbert	10 percent owner	2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Tamarack Capital Gp, Llc	10 percent owner	5050 AVENIDA ENCINAS, SUITE 360, CARLSBAD CA 92008
Tamarack Advisers, Lp	10 percent owner	5050 AVENIDA ENCINAS, SUITE 360, CARLSBAD CA 92008
Tamarack Capital Management, Llc	10 percent owner	5050 AVENIDA ENCINAS, SUITE 360, CARLSBAD CA 92008
Tamarack Global Healthcare Fund, L.p.	10 percent owner	5050 AVENIDA ENCINAS, SUITE 360, CARLSBAD CA 92008
Justin John Ferayorni	10 percent owner	5050 AVENIDA ENCINAS, SUITE 360, CARLSBAD CA 92008
Judith Starkey	director	1327 PEACHTREE STREET, UNIT 803, ATLANTA GA 30309
Jonathan R Phillips	director	792 CHATHAM AVENUE, ELMHURST IL 60126
Green Wyche T Iii	director	P.O. BOX 1510, FRANKLIN GA 30217