Netcare (STU:NH7) Days Sales Outstanding : 58.08 (As of Mar. 2024)

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What is Netcare Days Sales Outstanding?

Netcare's average Accounts Receivable for the six months ended in Mar. 2024 was €187 Mil. Netcare's Revenue for the six months ended in Mar. 2024 was €587 Mil. Hence, Netcare's Days Sales Outstanding for the six months ended in Mar. 2024 was 58.08.

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

STU:NH7' s Days Sales Outstanding Range Over the Past 10 Years
Min: 39.12 Med: 49.24 Max: 79.95
Current: 56.9

During the past 13 years, Netcare's highest Days Sales Outstanding was 79.95. The lowest was 39.12. And the median was 49.24.

STU:NH7's Days Sales Outstanding is ranked worse than
61.31% of 641 companies
in the Healthcare Providers & Services industry
Industry Median: 46.87 vs STU:NH7: 56.90

Netcare's Days Sales Outstanding increased from Mar. 2023 (54.66) to Mar. 2024 (58.08).

Netcare Days Sales Outstanding Historical Data

The historical data trend for Netcare'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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Netcare Days Sales Outstanding Chart

Netcare Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Sales Outstanding

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38.13

51.97

42.95

48.02

52.89

Netcare Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															52.16	50.49	54.66	55.31	58.08

Competitive Comparison of Netcare's Days Sales Outstanding

For the Medical Care Facilities subindustry, Netcare'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.

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

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

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

Netcare 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.

Netcare'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: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (164.313	+	174.992)	/	2 )	/	1170.849	*	365
=	169.6525					/	1170.849	*	365
=	52.89

Netcare'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: Sep. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (174.992	+	198.909)	/	2 )	/	587.404	*	365 / 2
=	186.9505					/	587.404	*	365 / 2
=	58.08

Netcare (STU:NH7) Days Sales Outstanding Explanation

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

Netcare Days Sales Outstanding Related Terms

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Netcare (STU:NH7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Netcare Ltd (STU:NH7) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

NTCP.PFD:South Africa NTC:South Africa

Address

76 Maude Street, Corner West Street, Sandton, Johannesburg, GT, ZAF, 2196

Website

https://www.netcare.co.za

Netcare Ltd operates a network of hospitals in South Africa. Its network also includes emergency, cancer care, diagnostic support, primary care, and renal care services as well as occupational health and wellness services. The firm operates in two segments: Hospital and emergency services and Primary Care. The Hospital and emergency services segment contributes to majority of the firm's revenue. Netcare's services include Netcare appointmed TM, Netcare Cancer Care, Netcare Family Connect Line, Netcare Occupational Health and Netcare Pharmacy.

Netcare (STU:NH7) Headlines

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