Spire Healthcare Group (CHIX:SPIL) Days Sales Outstanding : 25.58 (As of Dec. 2023)

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What is Spire Healthcare Group Days Sales Outstanding?

Spire Healthcare Group's average Accounts Receivable for the six months ended in Dec. 2023 was £96 Mil. Spire Healthcare Group's Revenue for the six months ended in Dec. 2023 was £683 Mil. Hence, Spire Healthcare Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 25.58.

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

CHIX:SPIl' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.31 Med: 20.63 Max: 41.77
Current: 22.03

During the past 13 years, Spire Healthcare Group's highest Days Sales Outstanding was 41.77. The lowest was 13.31. And the median was 20.63.

CHIX:SPIl's Days Sales Outstanding is ranked better than
78.72% of 639 companies
in the Healthcare Providers & Services industry
Industry Median: 46.01 vs CHIX:SPIl: 22.03

Spire Healthcare Group's Days Sales Outstanding declined from Dec. 2022 (25.92) to Dec. 2023 (25.58).

Spire Healthcare Group Days Sales Outstanding Historical Data

The historical data trend for Spire Healthcare Group'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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Spire Healthcare Group Days Sales Outstanding Chart

Spire Healthcare Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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14.96

13.91

13.31

16.05

16.67

Spire Healthcare Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															26.14	25.40	25.92	23.85	25.58

Competitive Comparison of Spire Healthcare Group's Days Sales Outstanding

For the Medical Care Facilities subindustry, Spire Healthcare Group'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.

Spire Healthcare Group's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Spire Healthcare Group's Days Sales Outstanding falls into.

Spire Healthcare Group 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.

Spire Healthcare Group'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
=	( (54.8	+	69.3)	/	2 )	/	1359	*	365
=	62.05					/	1359	*	365
=	16.67

Spire Healthcare Group'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (122	+	69.3)	/	2 )	/	682.5	*	365 / 2
=	95.65					/	682.5	*	365 / 2
=	25.58

Spire Healthcare Group (CHIX:SPIl) Days Sales Outstanding Explanation

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

Spire Healthcare Group Days Sales Outstanding Related Terms

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Spire Healthcare Group (CHIX:SPIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Spire Healthcare Group PLC (CHIX:SPIl) » Definitions » Days Sales Outstanding

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SPI:UK S00:Germany

Address

3 Dorset Rise, London, GBR, EC4Y 8EN

Website

https://www.spirehealthcare.com

Spire Healthcare Group PLC is an independent hospital group in the United Kingdom, with 40 private hospitals and eight clinics. It is a private provider, by volume, of knee and hip operations in the United Kingdom. The Group is a well-located and scalable hospital have delivered successful and award-winning clinical outcomes, positioning the Group well with patients, Consultants, the NHS, GPs and Private Medical Insurance providers. It treats patients through a variety of routes including PMI, Self-pay and the NHS, providing the Group with diversified access to the expected growth opportunities in the UK healthcare market, which faces significant supply challenges as a result of NHS budget constraints and increasing demand from a growing population with longer life expectancy.

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