Christina Lake Cannabis (Christina Lake Cannabis) Days Sales Outstanding : 57.76 (As of Aug. 2023)

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What is Christina Lake Cannabis Days Sales Outstanding?

Christina Lake Cannabis's average Accounts Receivable for the three months ended in Aug. 2023 was $1.67 Mil. Christina Lake Cannabis's Revenue for the three months ended in Aug. 2023 was $2.63 Mil. Hence, Christina Lake Cannabis's Days Sales Outstanding for the three months ended in Aug. 2023 was 57.76.

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

CLCFF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 55.33 Med: 58.29 Max: 61.24
Current: 55.83

During the past 5 years, Christina Lake Cannabis's highest Days Sales Outstanding was 61.24. The lowest was 55.33. And the median was 58.29.

CLCFF's Days Sales Outstanding is ranked better than
66.13% of 998 companies
in the Drug Manufacturers industry
Industry Median: 71.84 vs CLCFF: 55.83

Christina Lake Cannabis's Days Sales Outstanding increased from Aug. 2022 (43.28) to Aug. 2023 (57.76).

Christina Lake Cannabis Days Sales Outstanding Historical Data

The historical data trend for Christina Lake Cannabis'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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Christina Lake Cannabis Days Sales Outstanding Chart

Christina Lake Cannabis Annual Data

Trend

Nov18

Nov19

Nov20

Nov21

Nov22

Days Sales Outstanding

61.11

56.81

Christina Lake Cannabis Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23
Days Sales Outstanding	Get a 7-Day Free Trial															43.28	53.02	72.65	43.78	57.76

Competitive Comparison of Christina Lake Cannabis's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, Christina Lake Cannabis'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.

Christina Lake Cannabis's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Christina Lake Cannabis's Days Sales Outstanding falls into.

Christina Lake Cannabis 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.

Christina Lake Cannabis's Days Sales Outstanding for the fiscal year that ended in Nov. 2022 is calculated as

	Days Sales Outstanding (A: Nov. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Nov. 2021 )	+	Accounts Receivable (A: Nov. 2022 ))	/	count )	/	Revenue (A: Nov. 2022 )	*	Days in Period
=	( (0.913	+	1.417)	/	2 )	/	7.485	*	365
=	1.165					/	7.485	*	365
=	56.81

Christina Lake Cannabis's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:

	Days Sales Outstanding (Q: Aug. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: May. 2023 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )	/	Revenue (A: Aug. 2023 )	*	Days in Period
=	( (1.616	+	1.715)	/	2 )	/	2.631	*	365 / 4
=	1.6655					/	2.631	*	365 / 4
=	57.76

Christina Lake Cannabis (OTCPK:CLCFF) Days Sales Outstanding Explanation

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

Christina Lake Cannabis Days Sales Outstanding Related Terms

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Christina Lake Cannabis (Christina Lake Cannabis) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Christina Lake Cannabis Corp (OTCPK:CLCFF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CLB:Germany CLC:Canada

Address

789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C 1H2

Website

https://www.christinalakecannabis.com

Christina Lake Cannabis Corp is a licensed producer of cannabis. The company cultivates cannabis using strains specifically developed for outdoor cultivation. It is a producer of high-quality, low-cost, sun-grown cannabis flower, oil cannabinoids and hemp-based extracts and derivatives, serving domestic and international markets.