Change Healthcare (Change Healthcare) Days Sales Outstanding : 74.17 (As of Jun. 2022)

View and export this data going back to 2019. Start your Free Trial

What is Change Healthcare Days Sales Outstanding?

Change Healthcare's average Accounts Receivable for the three months ended in Jun. 2022 was $719 Mil. Change Healthcare's Revenue for the three months ended in Jun. 2022 was $884 Mil. Hence, Change Healthcare's Days Sales Outstanding for the three months ended in Jun. 2022 was 74.17.

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

CHNG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 76.17 Med: 86.97 Max: 1372.71
Current: 76.57

During the past 6 years, Change Healthcare's highest Days Sales Outstanding was 1372.71. The lowest was 76.17. And the median was 86.97.

CHNG's Days Sales Outstanding is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 46.01 vs CHNG: 76.57

Change Healthcare's Days Sales Outstanding declined from Jun. 2021 (77.65) to Jun. 2022 (74.17).

Change Healthcare Days Sales Outstanding Historical Data

The historical data trend for Change Healthcare'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.

* Premium members only.

Change Healthcare Days Sales Outstanding Chart

Change Healthcare Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Days Sales Outstanding

Get a 7-Day Free Trial

1,372.71

86.97

76.17

Change Healthcare Quarterly Data
	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														77.65	79.97	78.29	74.46	74.17

Competitive Comparison of Change Healthcare's Days Sales Outstanding

For the Health Information Services subindustry, Change Healthcare'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.

Change Healthcare's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Change Healthcare's Days Sales Outstanding distribution charts can be found below:

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

Change Healthcare 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.

Change Healthcare's Days Sales Outstanding for the fiscal year that ended in Mar. 2022 is calculated as

	Days Sales Outstanding (A: Mar. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2021 )	+	Accounts Receivable (A: Mar. 2022 ))	/	count )	/	Revenue (A: Mar. 2022 )	*	Days in Period
=	( (732.614	+	720.122)	/	2 )	/	3480.815	*	365
=	726.368					/	3480.815	*	365
=	76.17

Change Healthcare'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
=	( (720.122	+	717.684)	/	2 )	/	884.469	*	365 / 4
=	718.903					/	884.469	*	365 / 4
=	74.17

Change Healthcare (NAS:CHNG) Days Sales Outstanding Explanation

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

Change Healthcare Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Change Healthcare's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Change Healthcare (Change Healthcare) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Change Healthcare Inc (NAS:CHNG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

424 Church Street, Suite 1400, Nashville, TN, USA, 37219

Website

https://www.changehealthcare.com

Change Healthcare is a spinoff of various healthcare processing and consulting services acquired by McKesson over numerous years. Recently, these processing assets were contributed to a joint venture and in June 2019 public shares were issued with McKesson retaining the majority interest. As of the end of the March 2020 quarter, McKesson distributed all its interest in the public processor. Core services consist of insurance (healthcare) claim clearinghouse for healthcare payers in addition to administrative and consulting services to assist healthcare providers improve reimbursement coding, billing, and collections.

Executives

Tracy Byers	officer: SVP and GM, Enterprise Imaging	C/O CHANGE HEALTHCARE INC. 424 CHURCH STREET, SUITE 1400 NASHVILLE TN 37219
Steven B. Martin	officer: EVP, Enterprise Technology	3055 LEBANON PIKE SUITE 1000 NASHVILLE TN 37214
Nella Domenici	director	C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Paul Rareshide	officer: SVP, Corporate Controller	C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214
Fredrik J Eliasson	officer: EVP & CFO	500 WATER STREET, JACKSONVILLE FL 32202
De Crescenzo Neil E.	director, officer: President & CEO	C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214
Diana Mckenzie	director	METLIFE, 200 PARK AVENUE, NEW YORK NY 10166
Roderick H. O'reilly	officer: See Remarks	C/O CHANGE HEALTHCARE INC., 3055 LEBANON PIKE, SUITE 1000, NASHVILLE TN 37214
August Calhoun	officer: See Remarks	C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214
Thomas Mcenery	officer: EVP & Chief Marketing Officer
Bansi Nagji	director	MCKESSON CORPORATION, 6555 STATE HIGHWAY 161, IRVING TX 75039
Alex P. Choy	officer: See Remarks	C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214
Linda Whitley-taylor	officer: EVP & Chief People Officer	C/O BENSON HILL, INC., 1001 NORTH WARSON ROAD, SAINT LOUIS MO 63132
Phillip W. Roe	director	20 BURTON HILLS BOULEVARD SUITE 100 NASHVILLE TN 37215
Kriten Joshi	officer: See Remarks	C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214