HYTN Innovations (FRA:85W0) Days Sales Outstanding : 65.44 (As of Mar. 2024)

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What is HYTN Innovations Days Sales Outstanding?

HYTN Innovations's average Accounts Receivable for the three months ended in Mar. 2024 was €0.07 Mil. HYTN Innovations's Revenue for the three months ended in Mar. 2024 was €0.10 Mil. Hence, HYTN Innovations's Days Sales Outstanding for the three months ended in Mar. 2024 was 65.44.

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

FRA:85W0' s Days Sales Outstanding Range Over the Past 10 Years
Min: 33.25 Med: 33.25 Max: 58.23
Current: 58.23

During the past 5 years, HYTN Innovations's highest Days Sales Outstanding was 58.23. The lowest was 33.25. And the median was 33.25.

FRA:85W0's Days Sales Outstanding is ranked worse than
63.85% of 213 companies
in the Beverages - Alcoholic industry
Industry Median: 42.24 vs FRA:85W0: 58.23

HYTN Innovations's Days Sales Outstanding declined from Mar. 2023 (85.70) to Mar. 2024 (65.44).

HYTN Innovations Days Sales Outstanding Historical Data

The historical data trend for HYTN Innovations'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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HYTN Innovations Days Sales Outstanding Chart

HYTN Innovations Annual Data

Trend

Sep19

Sep20

Jan21

Jan22

Sep23

Days Sales Outstanding

33.53

HYTN Innovations Quarterly Data
	Sep19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial											85.70	45.04	93.23	56.78	65.44

Competitive Comparison of HYTN Innovations's Days Sales Outstanding

For the Beverages - Brewers subindustry, HYTN Innovations'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.

HYTN Innovations's Days Sales Outstanding Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, HYTN Innovations's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where HYTN Innovations's Days Sales Outstanding falls into.

HYTN Innovations 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.

HYTN Innovations's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

	Days Sales Outstanding (A: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jan. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (0.008	+	0.089)	/	2 )	/	0.528	*	365
=	0.0485					/	0.528	*	365
=	33.53

HYTN Innovations'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
=	( (0.079	+	0.063)	/	2 )	/	0.099	*	365 / 4
=	0.071					/	0.099	*	365 / 4
=	65.44

HYTN Innovations (FRA:85W0) Days Sales Outstanding Explanation

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

HYTN Innovations Days Sales Outstanding Related Terms

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HYTN Innovations (FRA:85W0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » HYTN Innovations Inc (FRA:85W0) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

HYTN:Canada

Address

12 East 4th Avenue, Vancouver, BC, CAN, V5T 1E8

Website

https://www.hytn.life

HYTN Innovations Inc formulates, manufactures, markets, and sells premium cannabis goods. The Company generates revenue primarily from the sale of cannabis related products such as Cannabis - beverage sales, Cannabis - flower sales, Cannabis - edible sales. Majority revenue is generated from Cannabis - beverage sales.

HYTN Innovations (FRA:85W0) Headlines

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