Delta 9 Cannabis (FRA:V5D1) Days Sales Outstanding : 11.47 (As of Dec. 2023)

View and export this data going back to 2003. Start your Free Trial

What is Delta 9 Cannabis Days Sales Outstanding?

Delta 9 Cannabis's average Accounts Receivable for the three months ended in Dec. 2023 was €1.50 Mil. Delta 9 Cannabis's Revenue for the three months ended in Dec. 2023 was €11.94 Mil. Hence, Delta 9 Cannabis's Days Sales Outstanding for the three months ended in Dec. 2023 was 11.47.

The historical rank and industry rank for Delta 9 Cannabis's Days Sales Outstanding or its related term are showing as below:

FRA:V5D1' s Days Sales Outstanding Range Over the Past 10 Years
Min: 10.88 Med: 30.51 Max: 89.41
Current: 12.15

During the past 13 years, Delta 9 Cannabis's highest Days Sales Outstanding was 89.41. The lowest was 10.88. And the median was 30.51.

FRA:V5D1's Days Sales Outstanding is ranked better than
95.8% of 999 companies
in the Drug Manufacturers industry
Industry Median: 72.3 vs FRA:V5D1: 12.15

Delta 9 Cannabis's Days Sales Outstanding declined from Dec. 2022 (15.23) to Dec. 2023 (11.47).

Delta 9 Cannabis Days Sales Outstanding Historical Data

The historical data trend for Delta 9 Cannabis'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.

Delta 9 Cannabis Days Sales Outstanding Chart

Delta 9 Cannabis Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

34.92

33.80

27.13

19.81

10.98

Delta 9 Cannabis 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															15.23	12.04	12.78	13.60	11.47

Competitive Comparison of Delta 9 Cannabis's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, Delta 9 Cannabis'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.

Delta 9 Cannabis's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Delta 9 Cannabis's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Delta 9 Cannabis's Days Sales Outstanding falls into.

Delta 9 Cannabis 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.

Delta 9 Cannabis'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
=	( (1.61	+	1.312)	/	2 )	/	48.574	*	365
=	1.461					/	48.574	*	365
=	10.98

Delta 9 Cannabis'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
=	( (1.69	+	1.312)	/	2 )	/	11.944	*	365 / 4
=	1.501					/	11.944	*	365 / 4
=	11.47

Delta 9 Cannabis (FRA:V5D1) Days Sales Outstanding Explanation

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

Delta 9 Cannabis Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Delta 9 Cannabis's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Delta 9 Cannabis (FRA:V5D1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Delta 9 Cannabis Inc (FRA:V5D1) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

DLTNF:USA V5D1:Germany DN:Canada

Address

Osborne Village, P.O. Box 68096, Winnipeg, MB, CAN, R3L 2V9

Website

https://www.delta9.ca

Delta 9 Cannabis Inc is a cannabis company. It sells cannabis products through its wholesale and retail sales channels and sells its cannabis grow pods to other businesses. The company's subsidiary, Delta 9 Bio-Tech Inc, is a licensed producer of medical and recreational cannabis and operates an 80,000-square-foot production facility in Winnipeg, Manitoba, Canada. The company owns and operates a chain of retail stores under the Delta 9 Cannabis store brand.

Delta 9 Cannabis (FRA:V5D1) Headlines

No Headlines