Fire & Flower Holdings (Fire & Flower Holdings) Days Sales Outstanding : 22.45 (As of Mar. 2023)

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What is Fire & Flower Holdings Days Sales Outstanding?

Fire & Flower Holdings's average Accounts Receivable for the three months ended in Mar. 2023 was $9.7 Mil. Fire & Flower Holdings's Revenue for the three months ended in Mar. 2023 was $31.5 Mil. Hence, Fire & Flower Holdings's Days Sales Outstanding for the three months ended in Mar. 2023 was 28.23.

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

FFLWF's Days Sales Outstanding is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median: 46.205
* Ranked among companies with meaningful Days Sales Outstanding only.

Fire & Flower Holdings's Days Sales Outstanding declined from Jan. 2022 (28.36) to Mar. 2023 (22.45).

Fire & Flower Holdings Days Sales Outstanding Historical Data

The historical data trend for Fire & Flower 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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Fire & Flower Holdings Days Sales Outstanding Chart

Fire & Flower Holdings Annual Data

Trend

Jan20

Jan21

Jan22

Days Sales Outstanding

12.37

8.50

17.30

Fire & Flower Holdings Quarterly Data
	Feb18	May18	Aug18	Nov18	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Mar23
Days Sales Outstanding	Get a 7-Day Free Trial															28.36	32.24	34.92	32.41	22.45

Competitive Comparison of Fire & Flower Holdings's Days Sales Outstanding

For the Pharmaceutical Retailers subindustry, Fire & Flower 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.

Fire & Flower Holdings's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Fire & Flower Holdings's Days Sales Outstanding falls into.

Fire & Flower 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.

Fire & Flower Holdings's Days Sales Outstanding for the fiscal year that ended in Jan. 2022 is calculated as

	Days Sales Outstanding (A: Jan. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jan. 2021 )	+	Accounts Receivable (A: Jan. 2022 ))	/	count )	/	Revenue (A: Jan. 2022 )	*	Days in Period
=	( (3.366	+	9.813)	/	2 )	/	139.042	*	365
=	6.5895					/	139.042	*	365
=	17.30

Fire & Flower Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding (Q: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (11.744	+	7.752)	/	2 )	/	31.505	*	365 / 4
=	9.748					/	31.505	*	365 / 4
=	28.23

Fire & Flower Holdings (OTCPK:FFLWF) Days Sales Outstanding Explanation

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

Fire & Flower Holdings Days Sales Outstanding Related Terms

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Fire & Flower Holdings (Fire & Flower Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Fire & Flower Holdings Corp (OTCPK:FFLWF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

130 King Street West, Suite 2500, Toronto, ON, CAN, M5X 1C8

Website

https://www.fireandflower.com

Fire & Flower Holdings Corp is an independent adult-use cannabis retailer focused on the Canadian market and international expansion opportunities. The company guides consumers through the complex world of cannabis through education-focused, retailing while the Hifyrea digital platform connects consumers with cannabis products. The company has three reportable segments namely, Retail segment, Wholesale and Logistics segment, and Digital Platform. Majority of the revenue is earned from Retail segment.

Fire & Flower Holdings (Fire & Flower Holdings) Headlines

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