Charlottes Web Holdings (Charlottes Web Holdings) Days Sales Outstanding : 13.83 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Charlottes Web Holdings Days Sales Outstanding?

Charlottes Web Holdings's average Accounts Receivable for the three months ended in Mar. 2024 was $1.84 Mil. Charlottes Web Holdings's Revenue for the three months ended in Mar. 2024 was $12.12 Mil. Hence, Charlottes Web Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 13.83.

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

CWBHF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.04 Med: 18 Max: 20.66
Current: 14.12

During the past 8 years, Charlottes Web Holdings's highest Days Sales Outstanding was 20.66. The lowest was 11.04. And the median was 18.00.

CWBHF's Days Sales Outstanding is ranked better than
94.79% of 998 companies
in the Drug Manufacturers industry
Industry Median: 71.69 vs CWBHF: 14.12

Charlottes Web Holdings's Days Sales Outstanding increased from Mar. 2023 (11.87) to Mar. 2024 (13.83).

Charlottes Web Holdings Days Sales Outstanding Historical Data

The historical data trend for Charlottes Web 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.

* Premium members only.

Charlottes Web Holdings Days Sales Outstanding Chart

Charlottes Web Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

20.00

20.07

18.37

16.56

10.97

Charlottes Web Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															11.87	14.41	15.87	12.79	13.83

Competitive Comparison of Charlottes Web Holdings's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, Charlottes Web 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.

Charlottes Web Holdings's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

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

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

Charlottes Web 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.

Charlottes Web 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
=	( (1.847	+	1.95)	/	2 )	/	63.155	*	365
=	1.8985					/	63.155	*	365
=	10.97

Charlottes Web Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (1.95	+	1.725)	/	2 )	/	12.124	*	365 / 4
=	1.8375					/	12.124	*	365 / 4
=	13.83

Charlottes Web Holdings (OTCPK:CWBHF) Days Sales Outstanding Explanation

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

Charlottes Web Holdings Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Charlottes Web Holdings's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Charlottes Web Holdings (Charlottes Web Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Charlottes Web Holdings Inc (OTCPK:CWBHF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

6CW:Germany CWEB:Canada

Address

700 Tech Court, Louisville, CO, USA, 80027

Website

https://www.charlottesweb.com

Charlottes Web Holdings Inc is engaged in the production and distribution of hemp-based cannabidiol (CBD) wellness products. Its product categories include ingestible products (tinctures, capsules, and gummies), topicals, and pet products. The company distributes its products through an e-commerce website, third-party e-commerce websites, select distributors, health practitioners, and a variety of brick-and-mortar specialty retailers.