Vibe Growth (XCNQ:VIBE) Days Sales Outstanding : 3.02 (As of Dec. 2023)

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What is Vibe Growth Days Sales Outstanding?

Vibe Growth's average Accounts Receivable for the three months ended in Dec. 2023 was C$0.14 Mil. Vibe Growth's Revenue for the three months ended in Dec. 2023 was C$4.10 Mil. Hence, Vibe Growth's Days Sales Outstanding for the three months ended in Dec. 2023 was 3.02.

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

XCNQ:VIBE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.97 Med: 2.37 Max: 7.33
Current: 3.31

During the past 12 years, Vibe Growth's highest Days Sales Outstanding was 7.33. The lowest was 0.97. And the median was 2.37.

XCNQ:VIBE's Days Sales Outstanding is ranked better than
98.8% of 998 companies
in the Drug Manufacturers industry
Industry Median: 71.845 vs XCNQ:VIBE: 3.31

Vibe Growth's Days Sales Outstanding declined from Dec. 2022 (4.92) to Dec. 2023 (3.02).

Vibe Growth Days Sales Outstanding Historical Data

The historical data trend for Vibe Growth'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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Vibe Growth Days Sales Outstanding Chart

Vibe Growth Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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7.33

2.07

0.97

2.37

3.24

Vibe Growth Quarterly Data
	Jan19	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															4.92	3.25	3.72	3.27	3.02

Competitive Comparison of Vibe Growth's Days Sales Outstanding

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

Vibe Growth's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

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

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

Vibe Growth 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.

Vibe Growth'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
=	( (0.192	+	0.145)	/	2 )	/	18.982	*	365
=	0.1685					/	18.982	*	365
=	3.24

Vibe Growth'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
=	( (0.127	+	0.145)	/	2 )	/	4.104	*	365 / 4
=	0.136					/	4.104	*	365 / 4
=	3.02

Vibe Growth (XCNQ:VIBE) Days Sales Outstanding Explanation

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

Vibe Growth Days Sales Outstanding Related Terms

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Vibe Growth (XCNQ:VIBE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Vibe Growth Corp (XCNQ:VIBE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

VIBEF:USA

Address

997 Seymour Street, Suite 250, Vancouver, BC, CAN, V6B3M1

Website

https://www.vibebycalifornia.com

Vibe Growth Corp is engaged in evaluation, acquiring and developing cannabis cultivation, distribution and manufacturing assets and retail cannabis dispensaries, predominantly in the U.S., in order to become a vertically integrated cannabis operator. The Company currently operates five dispensaries, one distribution and two cultivation operations in the State of California plus one dispensary in Portland, Oregon.

Executives

Hadron Capital (cayman) Limited

10% Security Holder

Vibe Growth (XCNQ:VIBE) Headlines

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