Careteq (ASX:CTQ) Days Sales Outstanding: 0.06 (As of Jun. 2026) — 100% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Careteq Days Sales Outstanding?

Careteq ASX:CTQ Days Sales Outstanding is 0.06 as of Jun. 2026, which is 100% below its 10-year median of 22.01. The stock has 6 warning signs investors should review. Among 664 Healthcare Providers & Services companies, Careteq ranks better than 61.6% on this metric.

Careteq's average Accounts Receivable for the six months ended in Jun. 2026 was A$0.00 Mil. Careteq's Revenue for the six months ended in Jun. 2026 was A$6.03 Mil. Hence, Careteq's Days Sales Outstanding for the six months ended in Jun. 2026 was 0.06.

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

ASX:CTQ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.87   Med: 22.01   Max: 35.77
Current: 35.18

During the past 7 years, Careteq's highest Days Sales Outstanding was 35.77. The lowest was 3.87. And the median was 22.01.

ASX:CTQ's Days Sales Outstanding is ranked better than
61.6% of 664 companies
in the Healthcare Providers & Services industry
Industry Median: 45.78 vs ASX:CTQ: 35.18

Careteq's Days Sales Outstanding declined from Jun. 2025 (41.57) to Jun. 2026 (0.06).


Careteq  (ASX:CTQ) Days Sales Outstanding Explanation

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


Careteq Days Sales Outstanding Related Terms


Careteq Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Careteq'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.

Careteq Days Sales Outstanding Chart

Careteq Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Days Sales Outstanding
Get a 7-Day Free Trial 10.21 15.75 20.17 31.02 23.08

Careteq Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.04 2,072.96 41.57 1,372.88 0.06

ASX:CTQ vs VEEV, BTSG, TEM: Days Sales Outstanding Comparison

For the Health Information Services subindustry, Careteq'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.


Careteq Days Sales Outstanding vs Healthcare Providers & Services Industry

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

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



Careteq 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.

Careteq's Days Sales Outstanding for the fiscal year that ended in Jun. 2026 is calculated as

Days Sales Outstanding (A: Jun. 2026 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2025 ) + Accounts Receivable (A: Jun. 2026 )) / count ) / Revenue (A: Jun. 2026 )*Days in Period
=( (0.766568 + 0.002869) / 2 ) / 6.083034*365
=0.3847185 / 6.083034*365
=23.08

Careteq's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding (Q: Jun. 2026 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2025 ) + Accounts Receivable (A: Jun. 2026 )) / count ) / Revenue (A: Jun. 2026 )*Days in Period
=( (0.000787 + 0.002869) / 2 ) / 6.032031*365 / 2
=0.001828 / 6.032031*365 / 2
=0.06

* 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.

Frequently Asked Questions Learn more about Days Sales Outstanding →
What does a Days Sales Outstanding of 0.06 mean?
Careteq (ASX:CTQ) has a Days Sales Outstanding of 0.06 as of Jun. 2026. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Careteq and its competitors. This is 100% below median its historical median of 22.01. Over the past decade, Careteq's Days Sales Outstanding has ranged from 3.87 to 35.77. According to the industry distribution chart, Careteq ranks #255 out of 664 companies in the Healthcare Providers & Services industry, placing it in the top 38.4%.
Is Careteq's Days Sales Outstanding too high?
Careteq's current Days Sales Outstanding of 0.06 is 100% below median its 10-year median of 22.01. Over the past 10 years, this metric has ranged from a low of 3.87 to a high of 35.77. The Healthcare Providers & Services industry median Days Sales Outstanding is 45.78. Careteq's value of 0.06 is 99.9% below this industry median. Based on the distribution chart, Careteq ranks #255 out of 664 companies in the Healthcare Providers & Services industry, which is above the industry midpoint.
How does Careteq's Days Sales Outstanding compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Careteq ranks #255 out of 664 companies for Days Sales Outstanding. This puts Careteq in the upper half of its industry. The industry median Days Sales Outstanding is 45.78. Careteq's value of 0.06 is 99.9% below this benchmark. Historically, Careteq's own Days Sales Outstanding has ranged from 3.87 to 35.77 over the past decade. While the company's 10-year median is 22.01 vs. the industry median of 45.78, Careteq has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Sales Outstanding for a Healthcare Providers & Services company?
The median Days Sales Outstanding among Healthcare Providers & Services companies is 45.78, based on 664 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Careteq's current Days Sales Outstanding of 0.06 is 99.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Careteq and its competitors. For the Healthcare Providers & Services industry, the median Days Sales Outstanding is 45.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Careteq's current Days Sales Outstanding is 0.06, which is 100% below median its own 10-year median of 22.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Careteq stock overvalued right now?
Based on GuruFocus' analysis, Careteq (ASX:CTQ) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.01, compared to a current price of A$0.02 — trading 90% above its estimated fair value. The current Days Sales Outstanding is 0.06, which is 100% below median its 10-year median of 22.01 and 99.9% below the Healthcare Providers & Services industry median of 45.78. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Careteq (ASX:CTQ), the current Days Sales Outstanding is 0.06 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Careteq Business Description

Address 99 Queen Street, Level 10, Melbourne, VIC, AUS, 3000
Careteq Ltd provides Residential Medication Management Review and Home Medicines Review services as part of the Medication Management Programs, generating revenue from medication review, education, and support services. The company focuses on medication management and home care solutions to provide continuity of care and improve clinical outcomes for patients through Home Medication Reviews. Medication-related harm includes adverse drug reactions, medication errors, and complications that jeopardise patient safety and increase healthcare costs. The company operates in Australia.