HENC (Hero Technologies) Days Sales Outstanding: (As of Sep. 2023)

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What is Hero Technologies Days Sales Outstanding?

Hero Technologies's average Accounts Receivable for the three months ended in Sep. 2023 was $0.05 Mil. Hero Technologies's Revenue for the three months ended in Sep. 2023 was $0.00 Mil.

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

HENC's Days Sales Outstanding is not ranked *
in the Drug Manufacturers industry.
Industry Median: 71.98
* Ranked among companies with meaningful Days Sales Outstanding only.

Hero Technologies's Days Sales Outstanding stayed the same from Sep. 2022 () to Sep. 2023 ().

Hero Technologies  (OTCPK:HENC) Days Sales Outstanding Explanation

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

Hero Technologies Days Sales Outstanding Related Terms

Hero Technologies Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Hero Technologies'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.

Hero Technologies Days Sales Outstanding Chart

Hero Technologies Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 148.39 -

Hero Technologies Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

HENC vs ECGS, CPHI, CLVR: Days Sales Outstanding Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Hero Technologies'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.

Hero Technologies Days Sales Outstanding vs Drug Manufacturers Industry

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

* The bar in red indicates where Hero Technologies's Days Sales Outstanding falls into.


Hero Technologies 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.

Hero Technologies's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

Days Sales Outstanding (A: Dec. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )*Days in Period
=( (0.00062 + 0) / 1 ) / 0*365
=0.00062 / 0*365
=N/A

Hero Technologies's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding (Q: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (0.05 + 0.05) / 2 ) / 0*365 / 4
=0.05 / 0*365 / 4
=N/A

* 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.

Hero Technologies Business Description

Address 8 The Green, Suite 4000, Dover, DE, USA, 19901
Hero Technologies Inc is a cannabis company with a vertically integrated business model and plan that includes cannabis genetic engineering, farmland for medical and recreational cannabis cultivation, production licenses, distribution licenses, consumer packaging, retail operations, and dispensaries. It focuses on two principal segments of the cannabis industry, cultivation, and the dispensary business model, including combinations.