Benefytt Technologies (Benefytt Technologies) Days Sales Outstanding : 10.11 (As of Jun. 2020)

View and export this data going back to 2013. Start your Free Trial

What is Benefytt Technologies Days Sales Outstanding?

Benefytt Technologies's average Accounts Receivable for the three months ended in Jun. 2020 was $5.8 Mil. Benefytt Technologies's Revenue for the three months ended in Jun. 2020 was $52.1 Mil. Hence, Benefytt Technologies's Days Sales Outstanding for the three months ended in Jun. 2020 was 10.11.

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

BFYT's Days Sales Outstanding is not ranked ^*
in the Healthcare Plans industry.
Industry Median: 31.03
* Ranked among companies with meaningful Days Sales Outstanding only.

Benefytt Technologies's Days Sales Outstanding increased from Jun. 2019 (3.26) to Jun. 2020 (10.11).

Benefytt Technologies Days Sales Outstanding Historical Data

The historical data trend for Benefytt 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.

* Premium members only.

Benefytt Technologies Days Sales Outstanding Chart

Benefytt Technologies Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Days Sales Outstanding

Get a 7-Day Free Trial

7.16

4.54

3.67

2.25

2.40

Benefytt Technologies Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Days Sales Outstanding	Get a 7-Day Free Trial															3.26	3.51	1.78	6.55	10.11

Competitive Comparison of Benefytt Technologies's Days Sales Outstanding

For the Healthcare Plans subindustry, Benefytt 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.

Benefytt Technologies's Days Sales Outstanding Distribution in the Healthcare Plans Industry

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

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

Benefytt 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.

Benefytt Technologies's Days Sales Outstanding for the fiscal year that ended in Dec. 2019 is calculated as

	Days Sales Outstanding (A: Dec. 2019 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2018 )	+	Accounts Receivable (A: Dec. 2019 ))	/	count )	/	Revenue (A: Dec. 2019 )	*	Days in Period
=	( (2.108	+	2.911)	/	2 )	/	381.808	*	365
=	2.5095					/	381.808	*	365
=	2.40

Benefytt Technologies's Days Sales Outstanding for the quarter that ended in Jun. 2020 is calculated as:

	Days Sales Outstanding (Q: Jun. 2020 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2020 )	+	Accounts Receivable (A: Jun. 2020 ))	/	count )	/	Revenue (A: Jun. 2020 )	*	Days in Period
=	( (7.361	+	4.187)	/	2 )	/	52.106	*	365 / 4
=	5.774					/	52.106	*	365 / 4
=	10.11

Benefytt Technologies (NAS:BFYT) Days Sales Outstanding Explanation

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

Benefytt Technologies Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Benefytt Technologies's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Benefytt Technologies (Benefytt Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Benefytt Technologies Inc (NAS:BFYT) » Definitions » Days Sales Outstanding

Comparable Companies

GTS PFHO UNH CVS CI ANTM HUM CNC MOH BSP:GNDI3 MGLN BSP:ODPV3 SZSE:000503 BSP:QUAL3 ROCO:6665 MIL:HI OSTO:FEEL TSXV:NXG

Traded in Other Exchanges

N/A

Address

3450 Buschwood Park Drive, Suite 200, Tampa, FL, USA, 33618

Website

https://www.benefytt.com

Benefytt Technologies Inc is a health insurance technology company. It is engaged in the development and operation of private e-commerce health insurance marketplaces, consumer engagement platforms, agency technology systems, and insurance policy administration platforms. Its reportable segments are Medicare and IFP. The Medicare segment consists of consumer engagement activities which generate leads that the company sells to third-parties whereas, the IFP segment focuses on the sale and service of individual and family health insurance plans which includes short-term medical insurance plans and health benefit insurance plans. The firm also offers supplemental products which include additional insurance and non-insurance products.

Executives

Peggy Scott	director	15438 NORTH FLORIDA AVENUE, SUITE 201, TAMPA FL 33613
John Fichthorn	director	C/O DIALECTIC CAPITAL MANAGEMENT, LLC, 17 STATE STREET, SUITE 3930, NEW YORK NY 10004
Robert S Murley	director	4025 S. RIVERPOINT PARKWAY, M/S CF-K815, PHOENIX AZ 85040
Erik M Helding	officer: Chief Financial Officer	11825 N. PENNSYLVANIA STREET, CARMEL IN 46032
Paul G Gabos	director	19387 US 19 N, CLEARWATER FL 33764
Bruce Telkamp	officer: CEO of HealthPocket, Inc.*	440 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
Sheldon Wang	officer: Chief Technology Officer	440 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
Cannell Capital Llc	10 percent owner	245 MERIWETHER CIRCLE, ALTA WY 83414
Patrick Mcnamee	director, officer: CEO and President	C/O EXPRESS SCRIPTS, INC. 13900 RIVERPORT DRIVE MARYLAND HEIGHTS MO 63043
Dirk A Montgomery	officer: EVP & Chief Financial Officer	C/O HEALTH INSURANCE INNOVATIONS, INC., 15438 N. FLORIDA AVE., SUITE 201, TAMPA FL 33613
Gordon Tunstall	director