Optimi Health (XCNQ:OPTI) Days Sales Outstanding : 45.23 (As of Dec. 2024)

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What is Optimi Health Days Sales Outstanding?

Optimi Health's average Accounts Receivable for the three months ended in Dec. 2024 was C$0.12 Mil. Optimi Health's Revenue for the three months ended in Dec. 2024 was C$0.23 Mil. Hence, Optimi Health's Days Sales Outstanding for the three months ended in Dec. 2024 was 45.23.

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

XCNQ:OPTI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 135.71 Med: 267.2 Max: 646.64
Current: 183.94

During the past 5 years, Optimi Health's highest Days Sales Outstanding was 646.64. The lowest was 135.71. And the median was 267.20.

XCNQ:OPTI's Days Sales Outstanding is ranked worse than
91.86% of 958 companies
in the Drug Manufacturers industry
Industry Median: 72.085 vs XCNQ:OPTI: 183.94

Optimi Health's Days Sales Outstanding declined from Sep. 2023 (732.28) to Dec. 2024 (45.23).

Optimi Health Days Sales Outstanding Historical Data

The historical data trend for Optimi Health'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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Optimi Health Days Sales Outstanding Chart

Optimi Health Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Sep24

Days Sales Outstanding

646.64

267.20

135.71

Optimi Health Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24	Dec24
Days Sales Outstanding	Get a 7-Day Free Trial												732.28	174.24	223.18	-	45.23

Competitive Comparison of Optimi Health's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, Optimi Health'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.

Optimi Health's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

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

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

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Optimi Health 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.

Optimi Health's Days Sales Outstanding for the fiscal year that ended in Sep. 2024 is calculated as

	Days Sales Outstanding (A: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (0.166	+	0.124)	/	2 )	/	0.39	*	365
=	0.145					/	0.39	*	365
=	135.71

Optimi Health's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding (Q: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2024 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (0.124	+	0.107)	/	2 )	/	0.233	*	365 / 4
=	0.1155					/	0.233	*	365 / 4
=	45.23

Optimi Health (XCNQ:OPTI) Days Sales Outstanding Explanation

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

Optimi Health Days Sales Outstanding Related Terms

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Optimi Health Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Optimi Health Corp (XCNQ:OPTI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

OPTHF:USA 8BN:Germany

Address

21 Water Street, Suite 600, Vancouver, BC, CAN, V6B 1A1

Website

https://www.optimihealth.ca

Optimi Health Corp operates in developing a vertically integrated Canadian functional mushroom brand that focuses on the health and wellness sector. The company has one reportable operating segment being that of the farming, processing, and distribution of raw mushroom biomass. It also intends to cultivate, extract, process, and distribute strains of fungi products at its facilities located in Princeton, British Columbia.

Executives

Dane Nicholas Stevens	Director, Senior Officer
Bryan Edward Safarik	Director, Senior Officer
William John Ciprick	Senior Officer
Jacob Frederick Safarik	Director, Senior Officer
Jonathan Schintler	Director
John James Wilson	Director
Michael Alan Stier	Director