NextGen Healthcare (NextGen Healthcare) Days Sales Outstanding : 44.84 (As of Sep. 2023)

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What is NextGen Healthcare Days Sales Outstanding?

NextGen Healthcare's average Accounts Receivable for the three months ended in Sep. 2023 was $86.7 Mil. NextGen Healthcare's Revenue for the three months ended in Sep. 2023 was $176.4 Mil. Hence, NextGen Healthcare's Days Sales Outstanding for the three months ended in Sep. 2023 was 44.84.

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

NXGN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 43.93 Med: 58.66 Max: 107.33
Current: 43.93

During the past 13 years, NextGen Healthcare's highest Days Sales Outstanding was 107.33. The lowest was 43.93. And the median was 58.66.

NXGN's Days Sales Outstanding is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 46.01 vs NXGN: 43.93

NextGen Healthcare's Days Sales Outstanding increased from Sep. 2022 (44.13) to Sep. 2023 (44.84).

NextGen Healthcare Days Sales Outstanding Historical Data

The historical data trend for NextGen Healthcare'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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NextGen Healthcare Days Sales Outstanding Chart

NextGen Healthcare Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

59.46

56.57

51.64

47.01

45.98

NextGen Healthcare Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															44.13	44.07	42.91	44.19	44.84

Competitive Comparison of NextGen Healthcare's Days Sales Outstanding

For the Health Information Services subindustry, NextGen Healthcare'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.

NextGen Healthcare's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, NextGen Healthcare's Days Sales Outstanding distribution charts can be found below:

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

NextGen Healthcare 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.

NextGen Healthcare's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (76.057	+	88.498)	/	2 )	/	653.172	*	365
=	82.2775					/	653.172	*	365
=	45.98

NextGen Healthcare's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (84.123	+	89.277)	/	2 )	/	176.418	*	365 / 4
=	86.7					/	176.418	*	365 / 4
=	44.84

NextGen Healthcare (NAS:NXGN) Days Sales Outstanding Explanation

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

NextGen Healthcare Days Sales Outstanding Related Terms

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NextGen Healthcare (NextGen Healthcare) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » NextGen Healthcare Inc (NAS:NXGN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

3525 Piedmont Road, NE Building 6, Suite 700, Atlanta, GA, USA, 30305

Website

https://www.nextgen.com

NextGen Healthcare Inc is a United States-based company that provides healthcare solutions. The company offers technology and services platform supports for ambulatory and specialty practices of all sizes. It provides software, services, and analytics solutions to medical and dental group practices.

Executives

Three Prong Investments, Llc	10 percent owner	1695 VIKING RD, LAGUNA BEACH CA 92651
David A Metcalfe	officer: Chief Technology Officer	3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305
Mitchell Waters	officer: EVP, Commercial Growth	3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305
Craig A. Barbarosh	director	3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305
David Ahmadzai	officer: Chief Accounting Officer	3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305
Donna Cullen Greene	officer: EVP, Human Resources	3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305
Srinivas S Velamoor	officer: EVP, Business Development	3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305
David William Sides	officer: President and CEO	3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305
Arnold James Robert Jr.	officer: Chief Financial Officer	3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305
Darnell Dent	director	3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305
Pamela Puryear	director	253 DOLPHIN COVE QUAY, STAMFORD CT 06902
Geraldine Mcginty	director	3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305
Lonnie Allen Plunk	officer: EVP, Operations	3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305
John R Frantz	officer: CEO and President	3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305
Lance Rosenzweig	director	3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305