Fiore Cannabis (XCNQ:FIOR) Days Sales Outstanding : 150.70 (As of Jun. 2022)

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What is Fiore Cannabis Days Sales Outstanding?

Fiore Cannabis's average Accounts Receivable for the three months ended in Jun. 2022 was C$0.62 Mil. Fiore Cannabis's Revenue for the three months ended in Jun. 2022 was C$0.37 Mil. Hence, Fiore Cannabis's Days Sales Outstanding for the three months ended in Jun. 2022 was 150.70.

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

XCNQ:FIOR's Days Sales Outstanding is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 71.32
* Ranked among companies with meaningful Days Sales Outstanding only.

Fiore Cannabis's Days Sales Outstanding increased from Jun. 2021 (132.53) to Jun. 2022 (150.70).

Fiore Cannabis Days Sales Outstanding Historical Data

The historical data trend for Fiore Cannabis'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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Fiore Cannabis Days Sales Outstanding Chart

Fiore Cannabis Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Days Sales Outstanding

Get a 7-Day Free Trial

366.90

64.50

27.52

54.40

Fiore Cannabis Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Days Sales Outstanding	Get a 7-Day Free Trial															132.53	67.69	114.03	171.87	150.70

Competitive Comparison of Fiore Cannabis's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, Fiore Cannabis'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.

Fiore Cannabis's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

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

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

Fiore Cannabis 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.

Fiore Cannabis'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: Mar. 2020 )	+	Accounts Receivable (A: Dec. 2021 ))	/	count )	/	Revenue (A: Dec. 2021 )	*	Days in Period
=	( (0.084	+	0.855)	/	2 )	/	3.15	*	365
=	0.4695					/	3.15	*	365
=	54.40

Fiore Cannabis's Days Sales Outstanding for the quarter that ended in Jun. 2022 is calculated as:

	Days Sales Outstanding (Q: Jun. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Jun. 2022 ))	/	count )	/	Revenue (A: Jun. 2022 )	*	Days in Period
=	( (0.633	+	0.599)	/	2 )	/	0.373	*	365 / 4
=	0.616					/	0.373	*	365 / 4
=	150.70

Fiore Cannabis (XCNQ:FIOR) Days Sales Outstanding Explanation

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

Fiore Cannabis Days Sales Outstanding Related Terms

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Fiore Cannabis Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Fiore Cannabis Ltd (XCNQ:FIOR) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

250 Howe Street, 20th Floor, Vancouver, BC, CAN, V6C 3R8

Website

https://fiorecannabis.com/

Fiore Cannabis Ltd is engaged in the production and cultivation of medicinal and recreational cannabis. Also, the company is engaged in the business of hemp-seed oil and skin products. Its brands are Fiore, Purecloud9, Diamantelabs, Surfer, and The Weekender. The company's geographical segments are Canada and United States.

Executives

Dylan Joseph Rexing

Director

Fiore Cannabis Headlines

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