WELL Health Technologies (TSX:WELL) Days Sales Outstanding : 44.29 (As of Mar. 2024)

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What is WELL Health Technologies Days Sales Outstanding?

WELL Health Technologies's average Accounts Receivable for the three months ended in Mar. 2024 was C$112.4 Mil. WELL Health Technologies's Revenue for the three months ended in Mar. 2024 was C$231.6 Mil. Hence, WELL Health Technologies's Days Sales Outstanding for the three months ended in Mar. 2024 was 44.29.

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

TSX:WELL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.67 Med: 38.41 Max: 46.47
Current: 40.99

During the past 13 years, WELL Health Technologies's highest Days Sales Outstanding was 46.47. The lowest was 1.67. And the median was 38.41.

TSX:WELL's Days Sales Outstanding is ranked better than
55.09% of 639 companies
in the Healthcare Providers & Services industry
Industry Median: 46.55 vs TSX:WELL: 40.99

WELL Health Technologies's Days Sales Outstanding increased from Mar. 2023 (43.50) to Mar. 2024 (44.29).

WELL Health Technologies Days Sales Outstanding Historical Data

The historical data trend for WELL Health Technologies'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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WELL Health Technologies Days Sales Outstanding Chart

WELL Health Technologies Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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21.35

38.41

45.08

46.47

40.90

WELL Health Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															43.50	42.19	36.42	36.06	44.29

Competitive Comparison of WELL Health Technologies's Days Sales Outstanding

For the Medical Care Facilities subindustry, WELL Health Technologies'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.

WELL Health Technologies's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

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

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

WELL Health Technologies 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.

WELL Health Technologies'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
=	( (78.914	+	94.991)	/	2 )	/	776.054	*	365
=	86.9525					/	776.054	*	365
=	40.90

WELL Health Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (94.991	+	129.802)	/	2 )	/	231.562	*	365 / 4
=	112.3965					/	231.562	*	365 / 4
=	44.29

WELL Health Technologies (TSX:WELL) Days Sales Outstanding Explanation

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

WELL Health Technologies Days Sales Outstanding Related Terms

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WELL Health Technologies (TSX:WELL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » WELL Health Technologies Corp (TSX:WELL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

WHTCF:USA W7V:Germany

Address

375 Water Street, Suite 550, Vancouver, BC, CAN, V6B 5C6

Website

https://www.well.company

WELL Health Technologies Corp is the owner and operator of a portfolio of Primary Hclinics delivering healthcare-related services It operates through below segments: clinical operations and allied health, Electronic medical record (EMR), Billing and revenue cycle management solutions, Digital apps, Cybersecurity, CRH, MyHealth, and corporate/shared services. Its segments are grouped into three divisions; Omni-channel Patient Services - Primary includes clinical operations and allied health. Omni-channel Patient Services - Specialized comprises CRH and MyHealth under two segments. Virtual Services include EMR, billing and revenue cycle management solutions, digital apps, and cybersecurity.

Executives

Hamed Shahbazi

10% Security Holder, Director, Senior Officer