Clever Leaves Holdings (Clever Leaves Holdings) Days Sales Outstanding : 26.10 (As of Dec. 2023)

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What is Clever Leaves Holdings Days Sales Outstanding?

Clever Leaves Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was $1.33 Mil. Clever Leaves Holdings's Revenue for the three months ended in Dec. 2023 was $4.64 Mil. Hence, Clever Leaves Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 26.10.

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

CLVRW' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.51 Med: 33.17 Max: 49.76
Current: 42.51

During the past 5 years, Clever Leaves Holdings's highest Days Sales Outstanding was 49.76. The lowest was 24.51. And the median was 33.17.

CLVRW's Days Sales Outstanding is ranked better than
76.75% of 998 companies
in the Drug Manufacturers industry
Industry Median: 71.84 vs CLVRW: 42.51

Clever Leaves Holdings's Days Sales Outstanding declined from Dec. 2022 (50.20) to Dec. 2023 (26.10).

Clever Leaves Holdings Days Sales Outstanding Historical Data

The historical data trend for Clever Leaves Holdings'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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Clever Leaves Holdings Days Sales Outstanding Chart

Clever Leaves Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

24.51

33.17

46.27

49.76

33.10

Clever Leaves Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial												50.20	56.20	47.98	51.79	26.10

Competitive Comparison of Clever Leaves Holdings's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, Clever Leaves Holdings'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.

Clever Leaves Holdings's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Clever Leaves Holdings's Days Sales Outstanding falls into.

Clever Leaves Holdings 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.

Clever Leaves Holdings'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
=	( (2.252	+	0.907)	/	2 )	/	17.417	*	365
=	1.5795					/	17.417	*	365
=	33.10

Clever Leaves Holdings'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1.746	+	0.907)	/	2 )	/	4.638	*	365 / 4
=	1.3265					/	4.638	*	365 / 4
=	26.10

Clever Leaves Holdings (OTCPK:CLVRW) Days Sales Outstanding Explanation

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

Clever Leaves Holdings Days Sales Outstanding Related Terms

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Clever Leaves Holdings (Clever Leaves Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Clever Leaves Holdings Inc (OTCPK:CLVRW) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CLVR:USA

Address

19-B Parque Industrial Tibitoc, Tocancipá, Cundinamarca, Bodega, Colombia, BC, CAN

Website

https://www.cleverleaves.com

Clever Leaves Holdings Inc is a producer of pharmaceutical and consumer cannabis brands. The company operates and has investments in Canada, Colombia, Germany, Portugal, and the United States. The company operates in two reportable segments, 1. The Cannabinoid operating segment: is comprised of the Company's cultivation, extraction, and commercialization of cannabinoid products. 2. Non-Cannabinoid operating segment is engaged in the business of formulating, manufacturing, marketing, selling, distributing, and otherwise commercializing nutraceutical and other natural remedies, wellness products, detoxification products, and nutritional and dietary supplements.