Medical Marijuana (Medical Marijuana) Days Sales Outstanding : 2.09 (As of Dec. 2017)

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What is Medical Marijuana Days Sales Outstanding?

Medical Marijuana's average Accounts Receivable for the six months ended in Dec. 2017 was $0.15 Mil. Medical Marijuana's Revenue for the six months ended in Dec. 2017 was $26.52 Mil. Hence, Medical Marijuana's Days Sales Outstanding for the six months ended in Dec. 2017 was 1.05.

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

MJNA's Days Sales Outstanding is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 71.41
* Ranked among companies with meaningful Days Sales Outstanding only.

Medical Marijuana's Days Sales Outstanding declined from Dec. 2015 (46.48) to Dec. 2017 (2.09).

Medical Marijuana Days Sales Outstanding Historical Data

The historical data trend for Medical Marijuana'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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Medical Marijuana Days Sales Outstanding Chart

Medical Marijuana Annual Data

Trend

Dec09

Dec10

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Days Sales Outstanding

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137.96

55.72

46.48

24.83

2.09

Medical Marijuana Semi-Annual Data
	Dec09	Dec10	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17
Days Sales Outstanding	Get a 7-Day Free Trial			137.96	55.72	46.48	24.83	2.09

Competitive Comparison of Medical Marijuana's Days Sales Outstanding

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

Medical Marijuana's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

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

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

Medical Marijuana 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.

Medical Marijuana's Days Sales Outstanding for the fiscal year that ended in Dec. 2017 is calculated as

	Days Sales Outstanding (A: Dec. 2017 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2016 )	+	Accounts Receivable (A: Dec. 2017 ))	/	count )	/	Revenue (A: Dec. 2017 )	*	Days in Period
=	( (0.198	+	0.106)	/	2 )	/	26.523	*	365
=	0.152					/	26.523	*	365
=	2.09

Medical Marijuana's Days Sales Outstanding for the quarter that ended in Dec. 2017 is calculated as:

	Days Sales Outstanding (Q: Dec. 2017 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2016 )	+	Accounts Receivable (A: Dec. 2017 ))	/	count )	/	Revenue (A: Dec. 2017 )	*	Days in Period
=	( (0.198	+	0.106)	/	2 )	/	26.523	*	365 / 2
=	0.152					/	26.523	*	365 / 2
=	1.05

Medical Marijuana (OTCPK:MJNA) Days Sales Outstanding Explanation

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

Medical Marijuana Days Sales Outstanding Related Terms

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Medical Marijuana (Medical Marijuana) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Medical Marijuana Inc (OTCPK:MJNA) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

2384 La Mirada Drive, Vista, CA, USA, 92081

Website

https://www.medicalmarijuanainc.com

Medical Marijuana Inc is engaged in the development, sale, and distribution of hemp oil that contains naturally occurring cannabinoids, including cannabidiol and other products containing CBD-rich hemp oil. The company's products are used by pharmaceutical, nutraceutical, and cosmeceutical industries. Some of its products are CBD Capsules, CBD Tinctures, Vaporizers, and Hemp foods among others.