The Joint's average Accounts Receivable for the
three
months ended in Mar. 2024 was $3.5 Mil. The Joint's Revenue for the
three
months ended in Mar. 2024 was $29.7 Mil.
Hence, The Joint's Days Sales Outstanding for the
three
months ended in Mar. 2024 was 10.72.
The historical rank and industry rank for The Joint's Days Sales Outstanding or its related term are showing as below:
JYNT'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.68 Med: 14.18 Max: 28.21
Current: 10.85
During the past 12 years, The Joint's highest Days Sales Outstanding was 28.21. The lowest was 9.68. And the median was 14.18.
JYNT's Days Sales Outstanding is ranked better than 90.14% of 639
companies
in the Healthcare Providers & Services industry
Industry Median: 46.55
vs JYNT: 10.85
The Joint's Days Sales Outstanding
declined
from Mar. 2023 (11.99) to Mar. 2024 (10.72).
The Joint Days Sales Outstanding Historical Data
The historical data trend for The Joint'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 The Joint's Days Sales Outstanding
For the Medical Care Facilities subindustry, The Joint'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.
The Joint's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, The Joint's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where The Joint's Days Sales Outstanding falls into.
The Joint 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.
The Joint (NAS:JYNT) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
The Joint Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of The Joint's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
The Joint Corp develops, owns, operates, supports, and manages chiropractic clinics through direct ownership, management arrangements, franchising, and the sale of regional developer rights throughout the United States. The doctors of chiropractic develop personalized treatment plans to relieve patients' pain and deliver ongoing preventative care. The Company has two operating business segments; the Corporate Clinics segment is comprised of the operating activities of the company-owned or managed clinics, and The Franchise Operations segment is comprised of the operating activities of the franchise business unit. The company generates maximum revenue from the Corporate clinic's segment.
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