Core One Labs (XCNQ:COOL) Days Sales Outstanding : 19.90 (As of Dec. 2023)

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What is Core One Labs Days Sales Outstanding?

Core One Labs's average Accounts Receivable for the three months ended in Dec. 2023 was C$0.02 Mil. Core One Labs's Revenue for the three months ended in Dec. 2023 was C$0.09 Mil. Hence, Core One Labs's Days Sales Outstanding for the three months ended in Dec. 2023 was 19.90.

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

XCNQ:COOL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.08 Med: 37.59 Max: 123.84
Current: 45.63

During the past 11 years, Core One Labs's highest Days Sales Outstanding was 123.84. The lowest was 6.08. And the median was 37.59.

XCNQ:COOL's Days Sales Outstanding is ranked better than
72.58% of 890 companies
in the Biotechnology industry
Industry Median: 71.92 vs XCNQ:COOL: 45.63

Core One Labs's Days Sales Outstanding declined from Jun. 2022 (29.19) to Dec. 2023 (19.90).

Core One Labs Days Sales Outstanding Historical Data

The historical data trend for Core One Labs'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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Core One Labs Days Sales Outstanding Chart

Core One Labs Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Sales Outstanding

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36.31

6.08

38.87

Core One Labs Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															29.19	27.05	9.61	26.07	19.90

Competitive Comparison of Core One Labs's Days Sales Outstanding

For the Biotechnology subindustry, Core One Labs'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.

Core One Labs's Days Sales Outstanding Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Core One Labs's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Core One Labs's Days Sales Outstanding falls into.

Core One Labs 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.

Core One Labs's Days Sales Outstanding for the fiscal year that ended in Dec. 2021 is calculated as

	Days Sales Outstanding (A: Dec. 2021 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2020 )	+	Accounts Receivable (A: Dec. 2021 ))	/	count )	/	Revenue (A: Dec. 2021 )	*	Days in Period
=	( (0	+	0.046)	/	1 )	/	0.432	*	365
=	0.046					/	0.432	*	365
=	38.87

Core One Labs'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
=	( (0.02	+	0.021)	/	2 )	/	0.094	*	365 / 4
=	0.0205					/	0.094	*	365 / 4
=	19.90

Core One Labs (XCNQ:COOL) Days Sales Outstanding Explanation

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

Core One Labs Days Sales Outstanding Related Terms

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Core One Labs (XCNQ:COOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Core One Labs Inc (XCNQ:COOL) » Definitions » Days Sales Outstanding

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CLABF:USA LD6:Germany

Address

1199 West Hastings Street, Suite 800, Vancouver, BC, CAN, V6E 3T5

Website

https://www.core1labs.com

Core One Labs Inc is a psychedelic research and development life sciences enterprise focused on bringing psychedelic medicines to market through novel delivery systems and psychedelic assisted psychotherapy. The company intends to further develop and apply the technology to psychedelic compounds, such as psilocybin. The Company operates a virtual clinic that assesses patients for the appropriateness of treatment plans for the use of medical cannabis to treat their symptoms. The Company partners with physicians and Health Canada's licensed producers for the provision of treatments, fulfillment of prescriptions, and sale of related products.