Simply Better Brands (TSXV:SBBC) Days Sales Outstanding : 14.64 (As of Dec. 2023)

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What is Simply Better Brands Days Sales Outstanding?

Simply Better Brands's average Accounts Receivable for the three months ended in Dec. 2023 was C$2.6 Mil. Simply Better Brands's Revenue for the three months ended in Dec. 2023 was C$16.5 Mil. Hence, Simply Better Brands's Days Sales Outstanding for the three months ended in Dec. 2023 was 14.64.

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

TSXV:SBBC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.53 Med: 13.93 Max: 16.09
Current: 15.01

During the past 5 years, Simply Better Brands's highest Days Sales Outstanding was 16.09. The lowest was 7.53. And the median was 13.93.

TSXV:SBBC's Days Sales Outstanding is ranked better than
94.2% of 1000 companies
in the Drug Manufacturers industry
Industry Median: 72.34 vs TSXV:SBBC: 15.01

Simply Better Brands's Days Sales Outstanding increased from Dec. 2022 (14.10) to Dec. 2023 (14.64).

Simply Better Brands Days Sales Outstanding Historical Data

The historical data trend for Simply Better Brands'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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Simply Better Brands Days Sales Outstanding Chart

Simply Better Brands Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

12.47

15.03

7.53

13.93

16.09

Simply Better Brands Quarterly Data
	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													14.10	18.91	15.45	8.70	14.64

Competitive Comparison of Simply Better Brands's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, Simply Better Brands'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.

Simply Better Brands's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Simply Better Brands's Days Sales Outstanding falls into.

Simply Better Brands 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.

Simply Better Brands'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
=	( (6.271	+	3.176)	/	2 )	/	107.135	*	365
=	4.7235					/	107.135	*	365
=	16.09

Simply Better Brands'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
=	( (2.105	+	3.176)	/	2 )	/	16.459	*	365 / 4
=	2.6405					/	16.459	*	365 / 4
=	14.64

Simply Better Brands (TSXV:SBBC) Days Sales Outstanding Explanation

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

Simply Better Brands Days Sales Outstanding Related Terms

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Simply Better Brands (TSXV:SBBC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Simply Better Brands Corp (TSXV:SBBC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SBBCF:USA

Address

595 Howe Street, Suite 206, Vancouver, BC, CAN, V6C 2T5

Website

https://www.simplybetterbrands.com

Simply Better Brands Corp is promoting healthy and active lifestyles. In addition to expanding its majority-owned CBD subsidiary brand, PureKana, the company has announced strategic acquisitions in industry health, wellness, beauty, pet and lifestyle brands and companies. The Company operates in one reportable segment being the sale of consumer health and wellness products with sales principally generated from the United States.

Simply Better Brands (TSXV:SBBC) Headlines

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