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Trees (CANN) Days Sales Outstanding : 3.79 (As of Dec. 2023)


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What is Trees Days Sales Outstanding?

Trees's average Accounts Receivable for the three months ended in Dec. 2023 was $0.16 Mil. Trees's Revenue for the three months ended in Dec. 2023 was $3.82 Mil. Hence, Trees's Days Sales Outstanding for the three months ended in Dec. 2023 was 3.79.

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

CANN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.54   Med: 16.05   Max: 59.15
Current: 2.15

During the past 13 years, Trees's highest Days Sales Outstanding was 59.15. The lowest was 1.54. And the median was 16.05.

CANN's Days Sales Outstanding is ranked better than
99.1% of 999 companies
in the Drug Manufacturers industry
Industry Median: 72.3 vs CANN: 2.15

Trees's Days Sales Outstanding increased from Dec. 2022 (2.72) to Dec. 2023 (3.79).


Trees Days Sales Outstanding Historical Data

The historical data trend for Trees'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.

* Premium members only.

Trees Days Sales Outstanding Chart

Trees Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.06 17.30 6.80 1.64 1.54

Trees 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.72 0.93 1.58 3.54 3.79

Competitive Comparison of Trees's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, Trees'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.


Trees's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Trees's Days Sales Outstanding distribution charts can be found below:

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



Trees 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.

Trees'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
=( (0.041 + 0.112) / 2 ) / 18.137*365
=0.0765 / 18.137*365
=1.54

Trees'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
=( (0.205 + 0.112) / 2 ) / 3.817*365 / 4
=0.1585 / 3.817*365 / 4
=3.79

* 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.


Trees  (OTCPK:CANN) Days Sales Outstanding Explanation

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


Trees Days Sales Outstanding Related Terms

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Trees (CANN) Business Description

Traded in Other Exchanges
N/A
Address
215 Union Boulevard, Suite 415, Lakewood, CO, USA, 80228
Trees Corp is a vertically-integrated cannabis company and multi-state operator in the United States. It has two segments Retail and Cultivation. It is pursuing a roll-up plan of licensed assets in mature markets while maintaining loyal, local customer bases. TREES owns and operates a light-deprivation greenhouse and a campus of indoor cultivation facilities in Boulder, dispensaries in Englewood, Longmont and Berthoud, Colorado and three dispensaries in Portland, Oregon.
Executives
Carl J Williams director 10 GLENLAKE PARKWAY, NORTH TOWER, ATLANTA GA 30189
Richard C. Travia director 6565 E. EVANS AVENUE, DENVER CO 80224
Allyson Feiler Downing director 3556 W 62ND AVENUE, DENVER CO 80221
Timothy Earl Brown director, 10 percent owner 2301 W 30TH AVENUE, DENVER CO 80211
Diane Jones officer: CHIEF FINANCIAL OFFICER 6565 E. EVANS AVENUE, DENVER CO 80224
Seth Oster director C/O GENERAL CANNABIS CORP, 6565 EAST EVANS AVENUE, DENVER CO 80224
Mark D. Green director C/O GENERAL CANNABIS CORP, 6565 EAST EVANS AVENUE, DENVER CO 80224
Peter Boockvar director C/O MILLER TABAK + CO.,, 331 MADISON AVENUE, NEW YORK NY 10017
John Barker Dalton director, 10 percent owner 6565 E. EVANS AVENUE, DENVER CO 80224
Adam Hershey 10 percent owner 140 RIVERSIDE BOULEVARD, APT 2302, NEW YORK NY 10069
Hershey Strategic Capital, Lp 10 percent owner C/O HERSHEY STRATEGIC CAPITAL GP, LLC, 6 POMPANO ROAD, RUMSON NJ 07760
Hershey Management I, Llc. 10 percent owner 888 7TH AVENUE, 17TH FLOOR, NEW YORK NY 10019
Hershey Strategic Capital Gp, Llc 10 percent owner 888 7TH AVENUE, 17TH FLOOR, NEW YORK NY 10019
Shore Ventures Iii, Lp 10 percent owner C/O HERSHEY MANAGEMENT IV, LLC, 6 POMPANO ROAD, RUMSON NJ 07760
Hershey Management Iv, Llc 10 percent owner 6 POMPANO ROAD, RUMSON NJ 07760