Cano Health (Cano Health) Days Sales Outstanding

: 10.41 (As of Dec. 2023)

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Cano Health's average Accounts Receivable for the three months ended in Dec. 2023 was $82 Mil. Cano Health's Revenue for the three months ended in Dec. 2023 was $716 Mil. Hence, Cano Health's Days Sales Outstanding for the three months ended in Dec. 2023 was 10.41.

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

CANOQ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 17.37 Med: 23.62 Max: 29.56
Current: 17.37

During the past 5 years, Cano Health's highest Days Sales Outstanding was 29.56. The lowest was 17.37. And the median was 23.62.

CANOQ's Days Sales Outstanding is ranked better than
84.93% of 637 companies
in the Healthcare Providers & Services industry
Industry Median: 46.01 vs CANOQ: 17.37

Cano Health's Days Sales Outstanding declined from Dec. 2022 (29.23) to Dec. 2023 (10.41).

Cano Health Days Sales Outstanding Historical Data

The historical data trend for Cano Health'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.

Cano Health Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

29.56

22.77

24.47

18.01

Cano Health Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding												29.23	25.05	20.79	11.27	10.41

Competitive Comparison

For the Medical Care Facilities subindustry, Cano Health'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.

Cano Health Days Sales Outstanding Distribution

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

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

Cano Health 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.

Cano Health's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (233.816	+	75.801)	/	2 )	/	3137.757	*	365
=	154.8085					/	3137.757	*	365
=	18.01

Cano Health'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
=	( (87.499	+	75.801)	/	2 )	/	716.028	*	365 / 4
=	81.65					/	716.028	*	365 / 4
=	10.41

Cano Health (OTCPK:CANOQ) Days Sales Outstanding Explanation

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

Cano Health Days Sales Outstanding Related Terms

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Cano Health (Cano Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Cano Health Inc (OTCPK:CANOQ) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

9725 NW 117th Avenue, Suite 200, Miami, FL, USA, 33178

Website

https://www.canohealth.com

Cano Health Inc operates value-based primary care centers and supports affiliated medical practices that specialize in primary care for seniors in Florida, Texas, Nevada, and Puerto Rico.

Executives

Elliot Cooperstone	director, 10 percent owner	C/O CANO HEALTH, INC., 9725 NW 117TH AVENUE, SUITE 200, MIAMI FL 33178
Eladio Gil	officer: Interim CFO	9725 NW 17TH AVENUE, SUITE 200, MIAMI FL 33178
Robert Camerlinck	officer: Chief Operating Officer	9725 NW 117TH AVENUE, SUITE 200, MIAMI FL 33178
Richard Aguilar	officer: Chief Clinical Officer	9725 NW 117TH AVENUE, SUITE 200, MIAMI FL 33178
Mark D. Kent	officer: Interim CEO	9725 NW 117TH AVENUE, SUITE 200, MIAMI FL 33178
David J Armstrong	officer: See Remarks	9725 NW 117TH AVENUE, SUITE 200, MIAMI FL 33178
Brian D Koppy	officer: Chief Financial Officer	9725 NW 117TH AVENUE, SUITE 200, MIAMI FL 33178
Lewis Gold	director	1235 SPANISH RIVER ROAD, BOCA RATON FL 33432
Marlow Hernandez	director, officer: See Remarks	9725 NW 117TH AVENUE, SUITE 200, MIAMI FL 33178
Solomon D Trujillo	director	1000 NICOLLET MALL, TPS-3255, MINNEAPOLIS MN 55403
Alan Muney	director	48 MONROE TURNPIKE, TRUMBULL CT 06611
Kim M Rivera	director	601 HAWAII ST, EL SEGUNDO CA 90245
Itc Rumba, Llc	10 percent owner	444 MADISON AVENUE, 35TH FLOOR, NEW YORK NY 10022
Jacqueline Guichelaar	director	C/O CANO HEALTH, INC., 9725 NW 117TH AVENUE, SUITE 200, MIAMI FL 33178
Angel L Morales	director	C/O CANO HEALTH, INC., 9725 NW 117TH AVENUE, SUITE 200, MIAMI FL 33178