Induction Healthcare Group (LSE:INHC) Days Sales Outstanding : 54.79 (As of Sep. 2023)

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What is Induction Healthcare Group Days Sales Outstanding?

Induction Healthcare Group's average Accounts Receivable for the six months ended in Sep. 2023 was £1.82 Mil. Induction Healthcare Group's Revenue for the six months ended in Sep. 2023 was £6.06 Mil. Hence, Induction Healthcare Group's Days Sales Outstanding for the six months ended in Sep. 2023 was 54.79.

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

LSE:INHC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 67.06 Med: 99.56 Max: 197.3
Current: 67.06

During the past 5 years, Induction Healthcare Group's highest Days Sales Outstanding was 197.30. The lowest was 67.06. And the median was 99.56.

LSE:INHC's Days Sales Outstanding is ranked worse than
70.68% of 648 companies
in the Healthcare Providers & Services industry
Industry Median: 47.14 vs LSE:INHC: 67.06

Induction Healthcare Group's Days Sales Outstanding declined from Sep. 2022 (74.10) to Sep. 2023 (54.79).

Induction Healthcare Group Days Sales Outstanding Historical Data

The historical data trend for Induction Healthcare Group'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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Induction Healthcare Group Days Sales Outstanding Chart

Induction Healthcare Group Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

197.30

107.68

91.44

70.39

Induction Healthcare Group Semi-Annual Data
	Sep18	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial					34.99	136.22	74.10	78.32	54.79

Competitive Comparison of Induction Healthcare Group's Days Sales Outstanding

For the Health Information Services subindustry, Induction Healthcare Group'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.

Induction Healthcare Group's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Induction Healthcare Group's Days Sales Outstanding falls into.

Induction Healthcare Group 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.

Induction Healthcare Group's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (2.9	+	2.069)	/	2 )	/	12.884	*	365
=	2.4845					/	12.884	*	365
=	70.39

Induction Healthcare Group'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: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (2.069	+	1.568)	/	2 )	/	6.057	*	365 / 2
=	1.8185					/	6.057	*	365 / 2
=	54.79

Induction Healthcare Group (LSE:INHC) Days Sales Outstanding Explanation

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

Induction Healthcare Group Days Sales Outstanding Related Terms

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Induction Healthcare Group (LSE:INHC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Induction Healthcare Group PLC (LSE:INHC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/o Pinsent Masons, 30 Crown Place, Earl Street, London, GBR, EC2A 4ES

Website

https://www.inductionhealthcare.com

Induction Healthcare Group PLC is a healthcare technology company focused on streamlining the delivery of care by Healthcare Professionals. The company's mobile application module Induction Switch is an app that provides a directory allowing Healthcare Professionals to find extension numbers, messaging, and administration portals to share and view hospital guidelines. The company's products power remote consultations, capture patient-reported data and empower patients to self-manage their care pathway. Geographically, it operates in the United Kingdom, Europe, the United States and the Rest of the world, out of which the majority of revenue is derived from the United Kingdom.

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