Vitalhub (TSX:VHI) Days Sales Outstanding : 64.55 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Vitalhub Days Sales Outstanding?

Vitalhub's average Accounts Receivable for the three months ended in Dec. 2023 was C$9.62 Mil. Vitalhub's Revenue for the three months ended in Dec. 2023 was C$13.60 Mil. Hence, Vitalhub's Days Sales Outstanding for the three months ended in Dec. 2023 was 64.55.

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

TSX:VHI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.51 Med: 61.78 Max: 72.84
Current: 72.84

During the past 9 years, Vitalhub's highest Days Sales Outstanding was 72.84. The lowest was 42.51. And the median was 61.78.

TSX:VHI's Days Sales Outstanding is ranked worse than
74.84% of 636 companies
in the Healthcare Providers & Services industry
Industry Median: 45.99 vs TSX:VHI: 72.84

Vitalhub's Days Sales Outstanding declined from Dec. 2022 (66.10) to Dec. 2023 (64.55).

Vitalhub Days Sales Outstanding Historical Data

The historical data trend for Vitalhub'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.

* Premium members only.

Vitalhub Days Sales Outstanding Chart

Vitalhub Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

62.04

62.43

61.51

70.32

64.33

Vitalhub Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															66.10	82.13	87.49	74.94	64.55

Competitive Comparison of Vitalhub's Days Sales Outstanding

For the Health Information Services subindustry, Vitalhub'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.

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

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

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

Vitalhub 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.

Vitalhub'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
=	( (10.125	+	8.384)	/	2 )	/	52.508	*	365
=	9.2545					/	52.508	*	365
=	64.33

Vitalhub's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (10.861	+	8.384)	/	2 )	/	13.603	*	365 / 4
=	9.6225					/	13.603	*	365 / 4
=	64.55

Vitalhub (TSX:VHI) Days Sales Outstanding Explanation

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

Vitalhub Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Vitalhub's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Vitalhub (TSX:VHI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Vitalhub Corp (TSX:VHI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

VHIBF:USA 6OVA:Germany

Address

480 University Avenue, Suite 1001, Toronto, ON, CAN, M5G 1V2

Website

https://www.vitalhub.com

Vitalhub Corp provides technology to Health and Human Service providers including Hospitals, Regional Health Authorities, Mental Health, Long Term Care, Home Health, and Community and Social Services. Vitalhub solutions span the categories of Electronic Health Records (EHR), Case Management, Care Coordination, Patient Flow and Operational Visibility, and Mobile Apps. It operates in one segment for its operations related to healthcare information systems in the mental health, long-term care, community health service, and hospital sectors. Geographically it's available in Canada, the United Kingdom, Australia, the USA, Western Asia, and the Rest of the world, and the majority of the revenue comes from the United Kingdom.