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Devonian Health Group (TSXV:GSD) Days Sales Outstanding : 75.42 (As of Jan. 2025)


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What is Devonian Health Group Days Sales Outstanding?

Devonian Health Group's average Accounts Receivable for the three months ended in Jan. 2025 was C$7.30 Mil. Devonian Health Group's Revenue for the three months ended in Jan. 2025 was C$8.83 Mil. Hence, Devonian Health Group's Days Sales Outstanding for the three months ended in Jan. 2025 was 75.42.

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

TSXV:GSD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.34   Med: 56.79   Max: 85.53
Current: 83.22

During the past 11 years, Devonian Health Group's highest Days Sales Outstanding was 85.53. The lowest was 31.34. And the median was 56.79.

TSXV:GSD's Days Sales Outstanding is ranked worse than
60.14% of 843 companies
in the Biotechnology industry
Industry Median: 69.63 vs TSXV:GSD: 83.22

Devonian Health Group's Days Sales Outstanding increased from Jan. 2024 (63.95) to Jan. 2025 (75.42).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.


Devonian Health Group Days Sales Outstanding Historical Data

The historical data trend for Devonian Health 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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Devonian Health Group Days Sales Outstanding Chart

Devonian Health Group Annual Data
Trend Jun15 Jun16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.34 56.79 31.35 68.80 85.53

Devonian Health Group Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 63.95 95.41 78.89 119.81 75.42

Competitive Comparison of Devonian Health Group's Days Sales Outstanding

For the Biotechnology subindustry, Devonian Health 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.


Devonian Health Group's Days Sales Outstanding Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Devonian Health Group's Days Sales Outstanding distribution charts can be found below:

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


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Devonian Health 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.

Devonian Health Group's Days Sales Outstanding for the fiscal year that ended in Jul. 2024 is calculated as

Days Sales Outstanding (A: Jul. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jul. 2023 ) + Accounts Receivable (A: Jul. 2024 )) / count ) / Revenue (A: Jul. 2024 )*Days in Period
=( (0.664 + 7.686) / 2 ) / 17.816*365
=4.175 / 17.816*365
=85.53

Devonian Health Group's Days Sales Outstanding for the quarter that ended in Jan. 2025 is calculated as:

Days Sales Outstanding (Q: Jan. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Oct. 2024 ) + Accounts Receivable (A: Jan. 2025 )) / count ) / Revenue (A: Jan. 2025 )*Days in Period
=( (7.678 + 6.915) / 2 ) / 8.828*365 / 4
=7.2965 / 8.828*365 / 4
=75.42

* 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.


Devonian Health Group  (TSXV:GSD) Days Sales Outstanding Explanation

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


Devonian Health Group Days Sales Outstanding Related Terms

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Devonian Health Group Business Description

Traded in Other Exchanges
Address
360, Rue des Entrepreneurs, Montmagny, QC, CAN, G5V 4T1
Devonian Health Group Inc is operating in the pharmaceutical sector. It is engaged in the development and distribution of botanical drugs. The group is also involved in the development of value-added products for dermo-cosmetics. It has established a research effort focused on the anticipation of new solutions in the medical sector as well as in the cosmetic sector. The company's technology platform, The Supra Molecular Complex Extraction and Stabilization Technology provides a process of extraction, purification, stabilization, and conditioning of molecular complexes, as active botanical ingredients, from plants and algae. Its product portfolio includes pharmaceuticals like Thykamine, Pantoprazole, and Cleo-35; and cosmeceutical products like R-Spinasome and Purgenesis.

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