Highmark Interactive (TSXV:HMRK.H) Days Sales Outstanding : 69.46 (As of Sep. 2022)

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What is Highmark Interactive Days Sales Outstanding?

Highmark Interactive's average Accounts Receivable for the three months ended in Sep. 2022 was C$0.66 Mil. Highmark Interactive's Revenue for the three months ended in Sep. 2022 was C$0.87 Mil. Hence, Highmark Interactive's Days Sales Outstanding for the three months ended in Sep. 2022 was 69.46.

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

TSXV:HMRK.H's Days Sales Outstanding is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median: 45.94
* Ranked among companies with meaningful Days Sales Outstanding only.

Highmark Interactive's Days Sales Outstanding increased from Sep. 2021 (0.00) to Sep. 2022 (69.46).

Highmark Interactive Days Sales Outstanding Historical Data

The historical data trend for Highmark Interactive'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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Highmark Interactive Days Sales Outstanding Chart

Highmark Interactive Annual Data

Trend

Dec20

Dec21

Days Sales Outstanding

43.64

126.61

Highmark Interactive Quarterly Data
	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Days Sales Outstanding	Get a 7-Day Free Trial			-	96.72	86.82	81.29	69.46

Competitive Comparison of Highmark Interactive's Days Sales Outstanding

For the Health Information Services subindustry, Highmark Interactive'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.

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

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

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

Highmark Interactive 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.

Highmark Interactive's Days Sales Outstanding for the fiscal year that ended in Dec. 2021 is calculated as

	Days Sales Outstanding (A: Dec. 2021 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2020 )	+	Accounts Receivable (A: Dec. 2021 ))	/	count )	/	Revenue (A: Dec. 2021 )	*	Days in Period
=	( (0.088	+	0.637)	/	2 )	/	1.045	*	365
=	0.3625					/	1.045	*	365
=	126.61

Highmark Interactive's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

	Days Sales Outstanding (Q: Sep. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Sep. 2022 ))	/	count )	/	Revenue (A: Sep. 2022 )	*	Days in Period
=	( (0.602	+	0.721)	/	2 )	/	0.869	*	365 / 4
=	0.6615					/	0.869	*	365 / 4
=	69.46

Highmark Interactive (TSXV:HMRK.H) Days Sales Outstanding Explanation

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

Highmark Interactive Days Sales Outstanding Related Terms

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Highmark Interactive (TSXV:HMRK.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Highmark Interactive Inc (TSXV:HMRK.H) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

115 George Street, Suite 602, Oakville, NU, CAN, L6J 0A2

Website

https://www.highmark.tech

Highmark Interactive Inc provides a complete solution for brain health through its proprietary digital brain health assessment tools and its growing network of virtual, in-clinic, and hybrid clinics. The company has three reportable segments; Technology, Medical services and Corporate segment.

Highmark Interactive (TSXV:HMRK.H) Headlines

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