MediPharm Labs (MediPharm Labs) Days Sales Outstanding : 55.01 (As of Mar. 2024)

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What is MediPharm Labs Days Sales Outstanding?

MediPharm Labs's average Accounts Receivable for the three months ended in Mar. 2024 was $4.35 Mil. MediPharm Labs's Revenue for the three months ended in Mar. 2024 was $7.22 Mil. Hence, MediPharm Labs's Days Sales Outstanding for the three months ended in Mar. 2024 was 55.01.

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

MEDIF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 73.36 Med: 228.24 Max: 357.32
Current: 91.57

During the past 7 years, MediPharm Labs's highest Days Sales Outstanding was 357.32. The lowest was 73.36. And the median was 228.24.

MEDIF's Days Sales Outstanding is ranked worse than
67.47% of 999 companies
in the Drug Manufacturers industry
Industry Median: 71.45 vs MEDIF: 91.57

MediPharm Labs's Days Sales Outstanding declined from Mar. 2023 (196.58) to Mar. 2024 (55.01).

MediPharm Labs Days Sales Outstanding Historical Data

The historical data trend for MediPharm Labs'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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MediPharm Labs Days Sales Outstanding Chart

MediPharm Labs Annual Data

Trend

Sep17

Sep18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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73.36

265.86

357.16

235.99

97.74

MediPharm Labs 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															196.58	124.99	119.00	67.42	55.01

Competitive Comparison of MediPharm Labs's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, MediPharm Labs'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.

MediPharm Labs's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where MediPharm Labs's Days Sales Outstanding falls into.

MediPharm Labs 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.

MediPharm Labs'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
=	( (9.087	+	4.111)	/	2 )	/	24.644	*	365
=	6.599					/	24.644	*	365
=	97.74

MediPharm Labs'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
=	( (4.111	+	4.593)	/	2 )	/	7.219	*	365 / 4
=	4.352					/	7.219	*	365 / 4
=	55.01

MediPharm Labs (OTCPK:MEDIF) Days Sales Outstanding Explanation

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

MediPharm Labs Days Sales Outstanding Related Terms

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MediPharm Labs (MediPharm Labs) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » MediPharm Labs Corp (OTCPK:MEDIF) » Definitions » Days Sales Outstanding

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MLZ:Germany LABS:Canada

Address

151 John Street, Barrie, ON, CAN, L4N 2L1

Website

https://www.medipharmlabs.com

MediPharm Labs Corp is a pharmaceutical company specializing in precision-based cannabinoids. The Company operates in one reportable segment, the production and sales of cannabis extracts and derivative products. Through its wholesale and white-label platforms, MediPharm Labs formulates, develops, processes, packages, and distributes cannabis extracts and cannabinoid-based products to domestic and international markets. Geographically company has a presence in Canada, Australia, Germany, and other countries and the majority of revenue derives from Canada.