HEXO (TSX:HEXO) Days Sales Outstanding : 95.23 (As of Apr. 2023)

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What is HEXO Days Sales Outstanding?

HEXO's average Accounts Receivable for the three months ended in Apr. 2023 was C$22.5 Mil. HEXO's Revenue for the three months ended in Apr. 2023 was C$21.6 Mil. Hence, HEXO's Days Sales Outstanding for the three months ended in Apr. 2023 was 95.23.

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

TSX:HEXO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.27 Med: 77.44 Max: 104.36
Current: 104.36

During the past 9 years, HEXO's highest Days Sales Outstanding was 104.36. The lowest was 31.27. And the median was 77.44.

TSX:HEXO's Days Sales Outstanding is not ranked
in the Drug Manufacturers industry.
Industry Median: 71.68 vs TSX:HEXO: 104.36

HEXO's Days Sales Outstanding increased from Apr. 2022 (93.73) to Apr. 2023 (95.23).

HEXO Days Sales Outstanding Historical Data

The historical data trend for HEXO'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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HEXO Days Sales Outstanding Chart

HEXO Annual Data

Trend

Sep14

Sep15

Sep16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Days Sales Outstanding

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36.80

78.07

88.37

83.82

76.80

HEXO Quarterly Data
	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23
Days Sales Outstanding	Get a 7-Day Free Trial															93.73	93.56	112.28	130.24	95.23

Competitive Comparison of HEXO's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, HEXO'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.

HEXO's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, HEXO's Days Sales Outstanding distribution charts can be found below:

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

HEXO 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.

HEXO's Days Sales Outstanding for the fiscal year that ended in Jul. 2022 is calculated as

	Days Sales Outstanding (A: Jul. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jul. 2021 )	+	Accounts Receivable (A: Jul. 2022 ))	/	count )	/	Revenue (A: Jul. 2022 )	*	Days in Period
=	( (37.421	+	42.999)	/	2 )	/	191.103	*	365
=	40.21					/	191.103	*	365
=	76.80

HEXO's Days Sales Outstanding for the quarter that ended in Apr. 2023 is calculated as:

	Days Sales Outstanding (Q: Apr. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jan. 2023 )	+	Accounts Receivable (A: Apr. 2023 ))	/	count )	/	Revenue (A: Apr. 2023 )	*	Days in Period
=	( (23.939	+	21.116)	/	2 )	/	21.585	*	365 / 4
=	22.5275					/	21.585	*	365 / 4
=	95.23

HEXO (TSX:HEXO) Days Sales Outstanding Explanation

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

HEXO Days Sales Outstanding Related Terms

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HEXO (TSX:HEXO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » HEXO Corp (TSX:HEXO) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

120 de la Rive Road, Gatineau, QC, CAN, J8M 1V2

Website

https://www.hexocorp.com

HEXO Corp is engaged in producing and selling cannabis and cannabis products. The company is focused on smoke-free and traditional cannabis products. The firm's products include dried flowers, oils, and vapes. It generates its revenue from various sources such as Beverage Based Adult-Use Sales, Medical, Wholesale and International sales.

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