CANQF (CanaQuest Medical) Days Sales Outstanding: (As of Dec. 2024)

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What is CanaQuest Medical Days Sales Outstanding?

CanaQuest Medical's average Accounts Receivable for the three months ended in Dec. 2024 was $0.00 Mil. CanaQuest Medical's Revenue for the three months ended in Dec. 2024 was $0.01 Mil. Hence, CanaQuest Medical's Days Sales Outstanding for the three months ended in Dec. 2024 was 0.00.

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

CANQF's Days Sales Outstanding is not ranked *
in the Drug Manufacturers industry.
Industry Median: 71.98
* Ranked among companies with meaningful Days Sales Outstanding only.

CanaQuest Medical's Days Sales Outstanding stayed the same from Dec. 2023 () to Dec. 2024 ().

CanaQuest Medical  (OTCPK:CANQF) Days Sales Outstanding Explanation

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

CanaQuest Medical Days Sales Outstanding Related Terms

CanaQuest Medical Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for CanaQuest Medical'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.

CanaQuest Medical Days Sales Outstanding Chart

CanaQuest Medical Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Sales Outstanding
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CanaQuest Medical Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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CANQF vs NTRR, CBBT, TNTY: Days Sales Outstanding Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, CanaQuest Medical'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.

CanaQuest Medical Days Sales Outstanding vs Drug Manufacturers Industry

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

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


CanaQuest Medical 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.

CanaQuest Medical's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

Days Sales Outstanding (A: Mar. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( ( + ) / 1 ) / 0.025101754854206*365
=0 / 0.025101754854206*365
=0.00

CanaQuest Medical's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding (Q: Dec. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2024 ) + Accounts Receivable (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )*Days in Period
=( ( + ) / 1 ) / 0.0094476390803405*365 / 4
=0 / 0.0094476390803405*365 / 4
=0.00

* 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.

CanaQuest Medical Business Description

Address 4120 Ridgeway Drive, Unit 37, Mississauga, ON, CAN, L5L 5S9
CanaQuest Medical Corp is a Canadian biotechnology company. It engages in the development of health products utilizing cannabis and algae oil. The company's principal operations are the development and sale of pharmaceutical drugs and medical cannabis medications as approved by the regulatory authorities.