AHCO (AdaptHealth) Days Sales Outstanding : 64.01 (As of Sep. 2024)

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What is AdaptHealth Days Sales Outstanding?

AdaptHealth's average Accounts Receivable for the three months ended in Sep. 2024 was $419 Mil. AdaptHealth's Revenue for the three months ended in Sep. 2024 was $598 Mil. Hence, AdaptHealth's Days Sales Outstanding for the three months ended in Sep. 2024 was 64.01.

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

AHCO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 39.48 Med: 43.13 Max: 54.18
Current: 45.35

During the past 7 years, AdaptHealth's highest Days Sales Outstanding was 54.18. The lowest was 39.48. And the median was 43.13.

AHCO's Days Sales Outstanding is ranked better than
77.98% of 813 companies
in the Medical Devices & Instruments industry
Industry Median: 65.03 vs AHCO: 45.35

AdaptHealth's Days Sales Outstanding increased from Sep. 2023 (57.57) to Sep. 2024 (64.01).

AdaptHealth Days Sales Outstanding Historical Data

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

AdaptHealth Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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54.18

43.13

39.48

44.17

42.66

AdaptHealth Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															57.57	23.46	62.86	66.45	64.01

Competitive Comparison of AdaptHealth's Days Sales Outstanding

For the Medical Devices subindustry, AdaptHealth'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.

AdaptHealth's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, AdaptHealth's Days Sales Outstanding distribution charts can be found below:

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

AdaptHealth 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.

AdaptHealth'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
=	( (359.146	+	388.91)	/	2 )	/	3200.177	*	365
=	374.028					/	3200.177	*	365
=	42.66

AdaptHealth's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (437.077	+	401.215)	/	2 )	/	597.549	*	365 / 4
=	419.146					/	597.549	*	365 / 4
=	64.01

AdaptHealth (NAS:AHCO) Days Sales Outstanding Explanation

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

AdaptHealth Days Sales Outstanding Related Terms

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AdaptHealth Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » AdaptHealth Corp (NAS:AHCO) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

220 West Germantown Pike, Suite 250, Plymouth Meeting, PA, USA, 19462

Website

https://www.adapthealth.com

AdaptHealth Corp is engaged in providing patient-centered, healthcare-at-home solutions including home medical equipment (HME), medical supplies, and related services. It focuses on providing; sleep therapy equipment, supplies, and related services (including CPAP and bi-PAP services) to individuals suffering from obstructive sleep apnea (OSA), medical devices and supplies to patients for the treatment of diabetes (including continuous glucose monitors (CGM and insulin pumps), home medical equipment to patients discharged from acute care and other facilities, oxygen and related chronic therapy services in the home, and other HME devices and supplies on behalf of chronically ill patients with wound care, urological, incontinence, ostomy and nutritional supply needs.

Executives

Dale B Wolf	director
Shaw Rietkerk	officer: Chief Revenue Officer	C/O ADAPTHEALTH LLC, 220 WEST GERMANTOWN PIKE, SUITE 250, PLYMOUTH MEETING PA 19462
Williams David Solomon Iii	director	6272 CONDON AVE, LOS ANGELES CA 90056
James E Flynn	director, 10 percent owner, other: Director by Deputization	780 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017
Albert A. Prast	officer: Chief Technology Officer	3325 BARTLETT BLVD., ORLANDO FL 32811
Skyknight Aero Holdings, Llc	director	C/O SKYKNIGHT CAPITAL, L.P., ONE LETTERMAN DR., BLDG. C, SUITE 3-950, SAN FRANCISCO CA 94129
Jason A Clemens	officer: Chief Financial Officer	220 WEST GERMANTOWN PIKE, SUITE 250, C/O ADAPTHEALTH LLC, PLYMOUTH MEETING PA 19462
Christine E. Archbold	officer: Chief Accounting Officer	FRIARS HOUSE, 160 BLACKFRIARS ROAD, LONDON X0 SEL 8EZ
Everest Hill Group Inc.	10 percent owner	TROPIC ISLE BUILDING, P O BOX 3331, ROAD TOWN TORTOLA D8 VG 1110
Daniel Bunting	officer: COO - Branch Operations	12200 N.W. AMBASSADOR DRIVE, SUITE 326, KANSAS CITY MO 64163
Christopher J Joyce	officer: General Counsel	C/O ALLIANCE ENTERTAINMENT CORP, 110 EAST 59TH STREET 18TH FLOOR, NEW YORK NY 10022
Skyknight Aero Holdings Ii, Llc	director	C/O SKYKNIGHT CAPITAL, L.P., ONE LETTERMAN DR., BLDG. C, SUITE 3-950, SAN FRANCISCO CA 94129
Skyknight Capital, L.p.	director	C/O SKYKNIGHT CAPITAL, ONE LETTERMAN DR., BLDG. C, SUITE 3-950, SAN FRANCISCO CA 94129
Skyknight Capital Fund Ii, L.p.	director	ONE LETTERMAN DRIVE, BUILDING C, SUITE 3-950, SAN FRANCISCO CA 94129
Stephen P Griggs	director, officer: Co-Chief Executive Officer	1360 PLACE VENDOME, WINTER PARK FL 32789