Patient Access Solutions (Patient Access Solutions) Days Sales Outstanding : 48.82 (As of Jul. 2008)

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What is Patient Access Solutions Days Sales Outstanding?

Patient Access Solutions's average Accounts Receivable for the three months ended in Jul. 2008 was $0.05 Mil. Patient Access Solutions's Revenue for the three months ended in Jul. 2008 was $0.10 Mil. Hence, Patient Access Solutions's Days Sales Outstanding for the three months ended in Jul. 2008 was 48.82.

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

PASO's Days Sales Outstanding is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median: 46.435
* Ranked among companies with meaningful Days Sales Outstanding only.

Patient Access Solutions's Days Sales Outstanding increased from Jul. 2007 (0.00) to Jul. 2008 (48.82).

Patient Access Solutions Days Sales Outstanding Historical Data

The historical data trend for Patient Access 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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Patient Access Solutions Days Sales Outstanding Chart

Patient Access Solutions Annual Data

Trend

Oct06

Oct07

Oct08

Days Sales Outstanding

Patient Access Solutions Quarterly Data
	Jan07	Apr07	Jul07	Oct07	Jan08	Apr08	Jul08
Days Sales Outstanding	Get a 7-Day Free Trial			-	-	-	47.01	48.82

Competitive Comparison of Patient Access Solutions's Days Sales Outstanding

For the Health Information Services subindustry, Patient Access 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.

Patient Access Solutions's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

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

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

Patient Access 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.

Patient Access Solutions's Days Sales Outstanding for the fiscal year that ended in Oct. 2008 is calculated as

	Days Sales Outstanding (A: Oct. 2008 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2007 )	+	Accounts Receivable (A: Oct. 2008 ))	/	count )	/	Revenue (A: Oct. 2008 )	*	Days in Period
=	( (0	+	0.015)	/	1 )	/	0	*	365
=	0.015					/	0	*	365
=	N/A

Patient Access Solutions's Days Sales Outstanding for the quarter that ended in Jul. 2008 is calculated as:

	Days Sales Outstanding (Q: Jul. 2008 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Apr. 2008 )	+	Accounts Receivable (A: Jul. 2008 ))	/	count )	/	Revenue (A: Jul. 2008 )	*	Days in Period
=	( (0.051	+	0.056)	/	2 )	/	0.1	*	365 / 4
=	0.0535					/	0.1	*	365 / 4
=	48.82

Patient Access Solutions (OTCPK:PASO) Days Sales Outstanding Explanation

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

Patient Access Solutions Days Sales Outstanding Related Terms

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Patient Access Solutions (Patient Access Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Patient Access Solutions Inc (OTCPK:PASO) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

150 Veterans Highway, Unit 1124, Commack, NY, USA, 11725

Website

http://www.pashealth.com

Patient Access Solutions Inc is a technology solutions provider focused on service within the healthcare community, with a focus of using technology to facilitate their customers' needs. The company develops and markets the PASHealth Web Portal System.

Patient Access Solutions (Patient Access Solutions) Headlines

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