WORX (SCWorx) Days Sales Outstanding : 67.18 (As of Sep. 2024)

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What is SCWorx Days Sales Outstanding?

SCWorx's average Accounts Receivable for the three months ended in Sep. 2024 was $0.56 Mil. SCWorx's Revenue for the three months ended in Sep. 2024 was $0.76 Mil. Hence, SCWorx's Days Sales Outstanding for the three months ended in Sep. 2024 was 67.18.

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

WORX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.94 Med: 33.47 Max: 77.87
Current: 48.41

During the past 9 years, SCWorx's highest Days Sales Outstanding was 77.87. The lowest was 4.94. And the median was 33.47.

WORX's Days Sales Outstanding is ranked worse than
51.21% of 660 companies
in the Healthcare Providers & Services industry
Industry Median: 47.215 vs WORX: 48.41

SCWorx's Days Sales Outstanding increased from Sep. 2023 (39.38) to Sep. 2024 (67.18).

SCWorx Days Sales Outstanding Historical Data

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

SCWorx Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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27.34

53.25

46.76

36.20

30.74

SCWorx Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															39.38	31.49	39.11	59.21	67.18

Competitive Comparison of SCWorx's Days Sales Outstanding

For the Health Information Services subindustry, SCWorx'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.

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

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

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

SCWorx 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.

SCWorx'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
=	( (0.336	+	0.305)	/	2 )	/	3.805	*	365
=	0.3205					/	3.805	*	365
=	30.74

SCWorx's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (0.572	+	0.547)	/	2 )	/	0.76	*	365 / 4
=	0.5595					/	0.76	*	365 / 4
=	67.18

SCWorx (NAS:WORX) Days Sales Outstanding Explanation

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

SCWorx Days Sales Outstanding Related Terms

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

SCWorx Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » SCWorx Corp (NAS:WORX) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

4R80:Germany

Address

100 South Ashley Drive, Suite 100, Tampa, FL, USA, 33602

Website

https://www.scworx.com

SCWorx Corp is a provider of data content and services related to the repair, normalization, and interoperability of information for healthcare providers, as well as big data analytics for the healthcare industry. Its software enables a healthcare provider to simplify and organize its data, allows the data to be utilized across multiple internal software applications, and provides the basis for sophisticated data analytics. The company has developed and markets healthcare information technology solutions and associated services to improve healthcare processes and information flow within hospitals and other healthcare facilities.

Executives

Vincent Michael Matozzo	director	412 RICHARD LANE, ORANGE CT 06477
Christopher John Kohler	officer: Chief Financial Officer	1149 CANTERBERRY LN, PARKER CO 80138
Steven Wallitt	director	C/O SCWORX CORP., 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
John C Ferrara	director	C/O EDGAR ONLINE, INC., 50 WASHINGTON STREET, NORWALK CT 06854
Steven Ross Horowitz	director	4 MELISSA COURT, MONTVILLE NJ 07045
Marc Sanford Schessel	director, 10 percent owner, officer: CEO	4 JACOBS LANE, NEW PALTZ NY 12561
Irby Alton F Iii	director	C/O MCKESSON CORP, ONE POST ST., SAN FRANCISCO CA 94104
Miller Charles Kenneth Iii	director	100 METROPLEX, EDISON NJ 08817
Timothy Andrew Hannibal	officer: President, COO	590 MADISON AVE, NEW YORK NY 10022
Mark Shefts	director	160 SUMMIT AVE, MONTVALE NJ 07645
John C Price	other: Former CFO	4721 IRONTON STREET, BUILDING A, DENVER CO 80239
Robert Steven Christie	director	34 SAN MARCO STREET, WEST WINDSOR NJ 08550
Ira E. Ritter	director	C/O RITTER PHARMACEUTICALS INC., 1801 CENTURY PARK EAST, SUITE 1820, LOS ANGELES CA 90096
Knuettel Ii Francis	director	205 NEWBURY ST, SUITE 204, FRAMINGHAM MA 01701
James Thaddeus Schweikert	officer: Chief Operating Officer	7783 SOARING EAGLE CT., CINCINNATI OH 45244