OptimizeRx's average Accounts Receivable for the
three
months ended in Dec. 2023 was $28.55 Mil. OptimizeRx's Revenue for the
three
months ended in Dec. 2023 was $28.37 Mil.
Hence, OptimizeRx's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 91.82.
The historical rank and industry rank for OptimizeRx's Days Sales Outstanding or its related term are showing as below:
OPRX'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 85.11 Med: 115.83 Max: 149.04
Current: 118.09
During the past 13 years, OptimizeRx's highest Days Sales Outstanding was 149.04. The lowest was 85.11. And the median was 115.83.
OPRX's Days Sales Outstanding is ranked worse than 89.01% of 637
companies
in the Healthcare Providers & Services industry
Industry Median: 45.97
vs OPRX: 118.09
OptimizeRx's Days Sales Outstanding
declined
from Dec. 2022 (92.78) to Dec. 2023 (91.82).
OptimizeRx Days Sales Outstanding Historical Data
The historical data trend for OptimizeRx'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 OptimizeRx's Days Sales Outstanding
For the Health Information Services subindustry, OptimizeRx'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.
OptimizeRx's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, OptimizeRx's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where OptimizeRx's Days Sales Outstanding falls into.
OptimizeRx 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.
OptimizeRx (NAS:OPRX) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
OptimizeRx Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of OptimizeRx's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
OptimizeRx Corp is engaged in the healthcare market in the United States. It provides digital health messaging via electronic health records, providing a direct channel for pharmaceutical companies to communicate with healthcare providers and patients. The cloud-based solution supports patient adherence to medications by providing real-time access to financial assistance, prior authorization, education, and clinical information. Its products offering are Financial Messaging, Brand and Clinical Messaging, Brand Support, and Patient Engagement.
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