Aurora Cannabis (Aurora Cannabis) Days Sales Outstanding : 58.57 (As of Dec. 2023)

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Aurora Cannabis's average Accounts Receivable for the three months ended in Dec. 2023 was $30.8 Mil. Aurora Cannabis's Revenue for the three months ended in Dec. 2023 was $48.0 Mil. Hence, Aurora Cannabis's Days Sales Outstanding for the three months ended in Dec. 2023 was 58.57.

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

ACB' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.44 Med: 48.96 Max: 87.67
Current: 51.53

During the past 13 years, Aurora Cannabis's highest Days Sales Outstanding was 87.67. The lowest was 14.44. And the median was 48.96.

ACB's Days Sales Outstanding is ranked better than
70.1% of 1000 companies
in the Drug Manufacturers industry
Industry Median: 71.685 vs ACB: 51.53

Aurora Cannabis's Days Sales Outstanding increased from Dec. 2022 (55.00) to Dec. 2023 (58.57).

Aurora Cannabis Days Sales Outstanding Historical Data

The historical data trend for Aurora 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.

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Aurora Cannabis Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Days Sales Outstanding

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14.46

32.94

68.84

88.79

61.60

Aurora 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															55.00	52.15	40.40	52.40	58.57

Competitive Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Aurora 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.

Aurora Cannabis Days Sales Outstanding Distribution

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

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

Aurora 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.

Aurora Cannabis's Days Sales Outstanding for the fiscal year that ended in Jun. 2021 is calculated as

	Days Sales Outstanding (A: Jun. 2021 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2020 )	+	Accounts Receivable (A: Jun. 2021 ))	/	count )	/	Revenue (A: Jun. 2021 )	*	Days in Period
=	( (33.352	+	34.394)	/	2 )	/	200.697	*	365
=	33.873					/	200.697	*	365
=	61.60

Aurora 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
=	( (29.355	+	32.288)	/	2 )	/	48.017	*	365 / 4
=	30.8215					/	48.017	*	365 / 4
=	58.57

Aurora Cannabis (NAS:ACB) Days Sales Outstanding Explanation

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

Aurora Cannabis Days Sales Outstanding Related Terms

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Aurora Cannabis (Aurora Cannabis) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Aurora Cannabis Inc (NAS:ACB) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

21P1:Germany ACB:Canada

Address

3498 63 Avenue, Leduc, AB, CAN, T9E 0G8

Website

https://www.auroramj.com

Aurora Cannabis, headquartered in Edmonton, Canada, cultivates and sells medicinal and recreational cannabis through a portfolio of brands that includes Drift, San Rafael '71, Daily Special, Whistler, Being, and Greybeard. Although the company primarily operates in Canada, it has expanded internationally through medical cannabis exporting agreements.