Rite Aid (FRA:RTA1) Days Sales Outstanding : 23.19 (As of Aug. 2023)

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What is Rite Aid Days Sales Outstanding?

Rite Aid's average Accounts Receivable for the three months ended in Aug. 2023 was €1,316 Mil. Rite Aid's Revenue for the three months ended in Aug. 2023 was €5,177 Mil. Hence, Rite Aid's Days Sales Outstanding for the three months ended in Aug. 2023 was 23.19.

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

FRA:RTA1' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.28 Med: 21.78 Max: 30.86
Current: 21.93

During the past 13 years, Rite Aid's highest Days Sales Outstanding was 30.86. The lowest was 13.28. And the median was 21.78.

FRA:RTA1's Days Sales Outstanding is ranked better than
79.22% of 640 companies
in the Healthcare Providers & Services industry
Industry Median: 45.94 vs FRA:RTA1: 21.93

Rite Aid's Days Sales Outstanding increased from Aug. 2022 (22.84) to Aug. 2023 (23.19).

Rite Aid Days Sales Outstanding Historical Data

The historical data trend for Rite Aid'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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Rite Aid Days Sales Outstanding Chart

Rite Aid Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Days Sales Outstanding

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29.58

25.01

21.93

20.18

18.31

Rite Aid Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23
Days Sales Outstanding	Get a 7-Day Free Trial															22.84	22.86	20.20	20.66	23.19

Competitive Comparison of Rite Aid's Days Sales Outstanding

For the Pharmaceutical Retailers subindustry, Rite Aid'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.

Rite Aid's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

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

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

Rite Aid 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.

Rite Aid's Days Sales Outstanding for the fiscal year that ended in Feb. 2023 is calculated as

	Days Sales Outstanding (A: Feb. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Feb. 2022 )	+	Accounts Receivable (A: Feb. 2023 ))	/	count )	/	Revenue (A: Feb. 2023 )	*	Days in Period
=	( (1183.62	+	1074.061)	/	2 )	/	22501.834	*	365
=	1128.8405					/	22501.834	*	365
=	18.31

Rite Aid's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:

	Days Sales Outstanding (Q: Aug. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: May. 2023 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )	/	Revenue (A: Aug. 2023 )	*	Days in Period
=	( (1280.96	+	1350.516)	/	2 )	/	5177.456	*	365 / 4
=	1315.738					/	5177.456	*	365 / 4
=	23.19

Rite Aid (FRA:RTA1) Days Sales Outstanding Explanation

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

Rite Aid Days Sales Outstanding Related Terms

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Rite Aid (FRA:RTA1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Rite Aid Corp (FRA:RTA1) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

RADCQ:USA

Address

1200 Intrepid Avenue, PO Box 3165, Philadelphia, PA, USA, 17105

Website

https://www.riteaid.com

Rite Aid Corp is a large retail drugstore chain in the United States. The company reports via two segments: retail pharmacy and pharmacy services. The retail pharmacy segment generates revenue primarily through the sale of prescription drugs, along with an assortment of merchandise that includes over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and numerous other everyday consumables. The pharmacy-services segment relates to EnvisionRx, a fully owned subsidiary that operates as a pharmacy benefit management provider offering a broad range of pharmaceutical services.

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