Fonar's average Accounts Receivable for the
three
months ended in Dec. 2023 was $74.1 Mil. Fonar's Revenue for the
three
months ended in Dec. 2023 was $25.4 Mil.
Hence, Fonar's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 266.43.
The historical rank and industry rank for Fonar's Days Sales Outstanding or its related term are showing as below:
FONR'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 91.7 Med: 166.71 Max: 235.44
Current: 220.53
During the past 13 years, Fonar's highest Days Sales Outstanding was 235.44. The lowest was 91.70. And the median was 166.71.
FONR's Days Sales Outstanding is ranked worse than 84% of 225
companies
in the Medical Diagnostics & Research industry
Industry Median: 69.24
vs FONR: 220.53
Fonar's Days Sales Outstanding
increased
from Dec. 2022 (252.65) to Dec. 2023 (266.43).
Fonar Days Sales Outstanding Historical Data
The historical data trend for Fonar'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.
Competitive Comparison of Fonar's Days Sales Outstanding
For the Diagnostics & Research subindustry, Fonar'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.
Fonar's Days Sales Outstanding Distribution in the Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Fonar's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Fonar's Days Sales Outstanding falls into.
Fonar 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.
* 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.
Fonar (NAS:FONR) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Fonar Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Fonar's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Fonar Corp is a United States-based company which is engaged in the business of designing, manufacturing, selling and servicing magnetic resonance imaging (MRI) scanners, which utilize MRI technology for the detection and diagnosis of human disease, abnormalities, other medical conditions, and injuries. The company operates through two segments namely Manufacturing and servicing of medical equipment; and the Management of diagnostic imaging centers, which generates a vast majority of the revenue. The company's areas of operations are principally in the United States. It also exports to the United Arab Emirates, England, and Germany.
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