Vitura Health (ASX:VIT) Days Sales Outstanding : 35.59 (As of Jun. 2024)

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What is Vitura Health Days Sales Outstanding?

Vitura Health's average Accounts Receivable for the six months ended in Jun. 2024 was A$12.5 Mil. Vitura Health's Revenue for the six months ended in Jun. 2024 was A$63.9 Mil. Hence, Vitura Health's Days Sales Outstanding for the six months ended in Jun. 2024 was 35.59.

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

ASX:VIT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.51 Med: 31.37 Max: 69.17
Current: 33.69

During the past 6 years, Vitura Health's highest Days Sales Outstanding was 69.17. The lowest was 16.51. And the median was 31.37.

ASX:VIT's Days Sales Outstanding is ranked better than
86.42% of 972 companies
in the Drug Manufacturers industry
Industry Median: 71.74 vs ASX:VIT: 33.69

Vitura Health's Days Sales Outstanding increased from Jun. 2023 (29.42) to Jun. 2024 (35.59).

Vitura Health Days Sales Outstanding Historical Data

The historical data trend for Vitura Health'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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Vitura Health Days Sales Outstanding Chart

Vitura Health Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Sales Outstanding

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69.17

35.14

16.51

23.51

31.37

Vitura Health Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial					21.68	24.70	29.42	34.07	35.59

Competitive Comparison of Vitura Health's Days Sales Outstanding

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

Vitura Health's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

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

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

Vitura Health 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.

Vitura Health's Days Sales Outstanding for the fiscal year that ended in Jun. 2024 is calculated as

	Days Sales Outstanding (A: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (9.377	+	11.912)	/	2 )	/	123.871	*	365
=	10.6445					/	123.871	*	365
=	31.37

Vitura Health's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (13.013	+	11.912)	/	2 )	/	63.897	*	365 / 2
=	12.4625					/	63.897	*	365 / 2
=	35.59

Vitura Health (ASX:VIT) Days Sales Outstanding Explanation

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

Vitura Health Days Sales Outstanding Related Terms

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Vitura Health Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Vitura Health Ltd (ASX:VIT) » Definitions » Days Sales Outstanding

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Address

299 Toorak Road, Suite 8, Level 3, South Yarra, VIC, AUS, 3141

Website

https://www.vitura.com.au

Vitura Health Ltd is focused on creating medicinal cannabis products and digital health solutions that connect and strengthen the ecosystem between patients, prescribers, pharmacists, and suppliers. The company has two business segments namely, Sales and distribution (involving the sale and distribution of medical products including medicinal cannabis, psychedelic drugs, and smoking cessation products) and Clinics and services (involving the operation of medicinal cannabis clinics and the provision of related services). The company generates the majority of its revenue from the Sales and distribution segment. Geographically the company generates the majority of its revenue from Australia.

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