Radient Technologies (Radient Technologies) Days Sales Outstanding : 67.20 (As of Dec. 2022)

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What is Radient Technologies Days Sales Outstanding?

Radient Technologies's average Accounts Receivable for the three months ended in Dec. 2022 was $0.56 Mil. Radient Technologies's Revenue for the three months ended in Dec. 2022 was $0.76 Mil. Hence, Radient Technologies's Days Sales Outstanding for the three months ended in Dec. 2022 was 67.20.

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

RDDTF's Days Sales Outstanding is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 71.56
* Ranked among companies with meaningful Days Sales Outstanding only.

Radient Technologies's Days Sales Outstanding increased from Dec. 2021 (44.40) to Dec. 2022 (67.20).

Radient Technologies Days Sales Outstanding Historical Data

The historical data trend for Radient Technologies'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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Radient Technologies Days Sales Outstanding Chart

Radient Technologies Annual Data

Trend

Dec13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Days Sales Outstanding

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102.88

296.56

9.52

54.84

21.88

Radient Technologies Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Days Sales Outstanding	Get a 7-Day Free Trial															44.40	151.70	65.25	58.10	67.20

Competitive Comparison of Radient Technologies's Days Sales Outstanding

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

Radient Technologies's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

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

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

Radient Technologies 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.

Radient Technologies's Days Sales Outstanding for the fiscal year that ended in Mar. 2022 is calculated as

	Days Sales Outstanding (A: Mar. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2021 )	+	Accounts Receivable (A: Mar. 2022 ))	/	count )	/	Revenue (A: Mar. 2022 )	*	Days in Period
=	( (0.251	+	0.092)	/	2 )	/	2.861	*	365
=	0.1715					/	2.861	*	365
=	21.88

Radient Technologies's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

	Days Sales Outstanding (Q: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (0.747	+	0.368)	/	2 )	/	0.757	*	365 / 4
=	0.5575					/	0.757	*	365 / 4
=	67.20

Radient Technologies (OTCPK:RDDTF) Days Sales Outstanding Explanation

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

Radient Technologies Days Sales Outstanding Related Terms

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Radient Technologies (Radient Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Radient Technologies Inc (OTCPK:RDDTF) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

N/A

Address

4035 101 St. NW, Edmonton, AB, CAN, T6E 0A4

Website

https://www.radientinc.com

Radient Technologies Inc is a Canadian company engaged in manufacturing cannabis derivatives, formulations, and products. It has developed its extraction process, Microwave Assisted Processing (MAP), which is used for producing a consistent product at industrial-scale quantities. It provides its customers and partners with white-label extracts, formulations, and finished products that contain a broad spectrum of cannabinoid and terpene profiles. While it operates in Canada and is building an additional facility in Germany. It operates in a single segment namely the production and sale of cannabis-related retail products.