Sunniva (XCNQ:SNN) Days Sales Outstanding : 85.40 (As of Sep. 2019)

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What is Sunniva Days Sales Outstanding?

Sunniva's average Accounts Receivable for the three months ended in Sep. 2019 was C$5.02 Mil. Sunniva's Revenue for the three months ended in Sep. 2019 was C$5.36 Mil. Hence, Sunniva's Days Sales Outstanding for the three months ended in Sep. 2019 was 85.40.

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

XCNQ:SNN's Days Sales Outstanding is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 71.44
* Ranked among companies with meaningful Days Sales Outstanding only.

Sunniva's Days Sales Outstanding declined from Sep. 2018 (224.46) to Sep. 2019 (85.40).

Sunniva Days Sales Outstanding Historical Data

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

Sunniva Annual Data

Trend

Dec16

Dec17

Dec18

Days Sales Outstanding

316.97

26.18

50.78

Sunniva Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Days Sales Outstanding	Get a 7-Day Free Trial								224.46	17.50	42.62	140.27	85.40

Competitive Comparison of Sunniva's Days Sales Outstanding

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

Sunniva's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

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

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

Sunniva 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.

Sunniva's Days Sales Outstanding for the fiscal year that ended in Dec. 2018 is calculated as

	Days Sales Outstanding (A: Dec. 2018 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2017 )	+	Accounts Receivable (A: Dec. 2018 ))	/	count )	/	Revenue (A: Dec. 2018 )	*	Days in Period
=	( (2.273	+	2.955)	/	2 )	/	18.789	*	365
=	2.614					/	18.789	*	365
=	50.78

Sunniva's Days Sales Outstanding for the quarter that ended in Sep. 2019 is calculated as:

	Days Sales Outstanding (Q: Sep. 2019 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2019 )	+	Accounts Receivable (A: Sep. 2019 ))	/	count )	/	Revenue (A: Sep. 2019 )	*	Days in Period
=	( (6.147	+	3.888)	/	2 )	/	5.361	*	365 / 4
=	5.0175					/	5.361	*	365 / 4
=	85.40

Sunniva (XCNQ:SNN) Days Sales Outstanding Explanation

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

Sunniva Days Sales Outstanding Related Terms

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Sunniva (XCNQ:SNN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Sunniva Inc (XCNQ:SNN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Burrard Street, 1200 Waterfront Centre, P.O Box 48600, Vancouver, BC, CAN, V7X 1T2

Website

https://www.sunniva.com

Sunniva Inc is vertically integrated medical cannabis company committed to delivering safe, low-cost, high-quality products and services at scale. The company is focused on the cultivation, production and distribution of therapeutic solutions targeting two of the medical cannabis markets in the world: Canada and California.

Executives

Mark Hamish Kimmins

Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)