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CRVL (CorVel) Days Sales Outstanding : 23.71 (As of Mar. 2025)


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What is CorVel Days Sales Outstanding?

CorVel's average Accounts Receivable for the three months ended in Mar. 2025 was $60.2 Mil. CorVel's Revenue for the three months ended in Mar. 2025 was $231.5 Mil. Hence, CorVel's Days Sales Outstanding for the three months ended in Mar. 2025 was 23.71.

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

CRVL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.89   Med: 30.7   Max: 43.13
Current: 23.66

During the past 13 years, CorVel's highest Days Sales Outstanding was 43.13. The lowest was 22.89. And the median was 30.70.

CRVL's Days Sales Outstanding is ranked better than
80% of 60 companies
in the Insurance industry
Industry Median: 57.105 vs CRVL: 23.66

CorVel's Days Sales Outstanding declined from Mar. 2024 (23.96) to Mar. 2025 (23.71).


CorVel Days Sales Outstanding Historical Data

The historical data trend for CorVel'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.

CorVel Days Sales Outstanding Chart

CorVel Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.90 29.03 27.85 25.03 22.89

CorVel Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.96 23.62 23.43 24.61 23.71

Competitive Comparison of CorVel's Days Sales Outstanding

For the Insurance Brokers subindustry, CorVel'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.


CorVel's Days Sales Outstanding Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, CorVel's Days Sales Outstanding distribution charts can be found below:

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


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CorVel 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.

CorVel's Days Sales Outstanding for the fiscal year that ended in Mar. 2025 is calculated as

Days Sales Outstanding (A: Mar. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2024 ) + Accounts Receivable (A: Mar. 2025 )) / count ) / Revenue (A: Mar. 2025 )*Days in Period
=( (54.691 + 57.633) / 2 ) / 895.589*365
=56.162 / 895.589*365
=22.89

CorVel's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding (Q: Mar. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Mar. 2025 )) / count ) / Revenue (A: Mar. 2025 )*Days in Period
=( (62.686 + 57.633) / 2 ) / 231.514*365 / 4
=60.1595 / 231.514*365 / 4
=23.71

* 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.


CorVel  (NAS:CRVL) Days Sales Outstanding Explanation

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


CorVel Days Sales Outstanding Related Terms

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CorVel Business Description

Traded in Other Exchanges
N/A
Address
5128 Apache Plume Road, Suite 400, Fort Worth, TX, USA, 76109
CorVel Corp applies technology including artificial intelligence, machine learning, and natural language processing to enhance the managing of episodes of care and the related health care costs. It partners with employers, third-party administrators, insurance companies, and government agencies in managing worker's compensation and health, auto, and liability services. The company's solutions combine integrated technologies with a human touch providing services that include claims management, bill review, preferred provider networks, utilization management, case management, pharmacy services, directed care, and medicare services.
Executives
R Judd Jessup director 30962 VIA SERENIDAD, COTO DE CAZA CA 92679
Alan Hoops director 2010 MAIN ST STE 600, IRVINE CA 92614
Mark E. Bertels officer: EVP - Risk Management Services 1920 MAIN STREET, SUITE 900, IRVINE CA 92614
Jeffrey J Michael director 2010 MAIN STREET STE 600, IRVINE CA 92614
Brandon O'brien officer: Chief Financial Officer 2010 MAIN STREET, SUITE 600, IRVINE CA 92614
Jennifer Yoss officer: Vice President of Accounting 2010 MAIN STREET, SUITE 600, IRVINE CA 92614
Steven J Hamerslag director PO BOX 7227, RANCHO SANTA FE CA 92067
V Gordon Clemons director, officer: Chairman of the Board 2010 MAIN STREET, STE 600, IRVINE CA 92614
Michael G Combs officer: Chief Information Officer 2010 MAIN STREET, SUITE 600, IRVINE CA 92614
Maxim Shishin officer: Chief Information Officer 2010 MAIN STREET, SUITE 600, IRVINE CA 92614
Corstar Holdings Inc 10 percent owner 2010 MAIN STREET STE 800, IRVINE CA 92614
Jean Macino director 2010 MAIN STREET, SUITE 600, IRVINE CA 92614
Gregory A. Dorn officer: Division President 1920 MAIN STREET, SUITE 900, IRVINE CA 92614
Diane Blaha officer: Sr. VP of Sales & Account Mgmt 2010 MAIN STREET, SUITE 600, IRVINE CA 92614
Michael Saverien officer: Exec. VP, Risk Mgmt. Services 2010 MAIN STREET, SUITE 600, IRVINE CA 92614