MariMed's average Accounts Receivable for the
three
months ended in Dec. 2023 was $6.8 Mil. MariMed's Revenue for the
three
months ended in Dec. 2023 was $38.9 Mil.
Hence, MariMed's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 15.89.
The historical rank and industry rank for MariMed's Days Sales Outstanding or its related term are showing as below:
MRMD'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.93 Med: 32.35 Max: 207.39
Current: 13.53
During the past 13 years, MariMed's highest Days Sales Outstanding was 207.39. The lowest was 7.93. And the median was 32.35.
MRMD's Days Sales Outstanding is ranked better than 94.71% of 1001
companies
in the Drug Manufacturers industry
Industry Median: 71.68
vs MRMD: 13.53
MariMed's Days Sales Outstanding
increased
from Dec. 2022 (13.65) to Dec. 2023 (15.89).
MariMed Days Sales Outstanding Historical Data
The historical data trend for MariMed'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.
Competitive Comparison of MariMed's Days Sales Outstanding
For the Drug Manufacturers - Specialty & Generic subindustry, MariMed'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.
MariMed's Days Sales Outstanding Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, MariMed's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where MariMed's Days Sales Outstanding falls into.
MariMed 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.
* 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.
MariMed (OTCPK:MRMD) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
MariMed Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of MariMed's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
MariMed Inc is a multi-state operator in the United States cannabis industry. It develops, operates, manages, and optimizes regulatory-compliant facilities for the cultivation, production, and dispensing of medical and adult-use cannabis. MariMed also licenses its proprietary brands of cannabis products along with other top brands in domestic markets Sources of revenue are comprised of Product sales (retail and wholesale), Real estate rental income, Supply procurement, Management fees, and Licensing fees.
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