RadNet's average Accounts Receivable for the
three
months ended in Dec. 2023 was $166 Mil. RadNet's Revenue for the
three
months ended in Dec. 2023 was $420 Mil.
Hence, RadNet's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 35.97.
The historical rank and industry rank for RadNet's Days Sales Outstanding or its related term are showing as below:
RDNT'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.73 Med: 52.7 Max: 71.68
Current: 38.32
During the past 13 years, RadNet's highest Days Sales Outstanding was 71.68. The lowest was 36.73. And the median was 52.70.
RDNT's Days Sales Outstanding is ranked better than 84.89% of 225
companies
in the Medical Diagnostics & Research industry
Industry Median: 69.24
vs RDNT: 38.32
RadNet's Days Sales Outstanding
declined
from Dec. 2022 (40.28) to Dec. 2023 (35.97).
RadNet Days Sales Outstanding Historical Data
The historical data trend for RadNet'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 RadNet's Days Sales Outstanding
For the Diagnostics & Research subindustry, RadNet'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.
RadNet's Days Sales Outstanding Distribution in the Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, RadNet's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where RadNet's Days Sales Outstanding falls into.
RadNet 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.
RadNet (NAS:RDNT) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
RadNet Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of RadNet's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
RadNet Inc is a national provider of diagnostic imaging services that operates in two business segments; Imaging Center segment provides physicians with imaging capabilities to facilitate the diagnosis and treatment of diseases and disorders. Services include magnetic resonance imaging (MRI), computed tomography (CT), positron emission tomography (PET), nuclear medicine, mammography, ultrasound, diagnostic radiology (X-ray), fluoroscopy and other related procedures, and Artificial Intelligence segment develops and deploys clinical applications to enhance interpretation of medical images and improve patient outcomes with an emphasis on brain, breast, prostate, and pulmonary diagnostics. The company derives a majority of its revenue from the Imaging center segment.
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