GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Clearday Inc (OTCPK:CLRD) » Definitions » Days Sales Outstanding

Clearday (Clearday) Days Sales Outstanding : 41.90 (As of Sep. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Clearday Days Sales Outstanding?

Clearday's average Accounts Receivable for the three months ended in Sep. 2023 was $0.38 Mil. Clearday's Revenue for the three months ended in Sep. 2023 was $0.83 Mil. Hence, Clearday's Days Sales Outstanding for the three months ended in Sep. 2023 was 41.90.

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

CLRD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.45   Med: 3.53   Max: 6.59
Current: 6.59

During the past 3 years, Clearday's highest Days Sales Outstanding was 6.59. The lowest was 1.45. And the median was 3.53.

CLRD's Days Sales Outstanding is ranked better than
94.37% of 639 companies
in the Healthcare Providers & Services industry
Industry Median: 46.55 vs CLRD: 6.59

Clearday's Days Sales Outstanding increased from Sep. 2022 (2.88) to Sep. 2023 (41.90).


Clearday Days Sales Outstanding Historical Data

The historical data trend for Clearday'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.

Clearday Days Sales Outstanding Chart

Clearday Annual Data
Trend Dec20 Dec21 Dec22
Days Sales Outstanding
5.71 3.53 1.45

Clearday Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.88 1.82 1.61 32.43 41.90

Competitive Comparison of Clearday's Days Sales Outstanding

For the Medical Care Facilities subindustry, Clearday'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.


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

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

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



Clearday 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.

Clearday's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

Days Sales Outstanding (A: Dec. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )*Days in Period
=( (0.051 + 0.048) / 2 ) / 12.489*365
=0.0495 / 12.489*365
=1.45

Clearday's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding (Q: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (0.382 + 0) / 1 ) / 0.832*365 / 4
=0.382 / 0.832*365 / 4
=41.90

* 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.


Clearday  (OTCPK:CLRD) Days Sales Outstanding Explanation

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


Clearday Days Sales Outstanding Related Terms

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


Clearday (Clearday) Business Description

Traded in Other Exchanges
N/A
Address
8800 Village Drive, Suite 106, San Antonio, TX, USA, 78217
Clearday Inc is a non-acute health care services company. It operates four residential care facilities and a daycare center that serve primarily older Americans and persons facing cognitive issues such as Alzheimer's and other forms of dementia. Some of its products include Clearday Network, Clearday at Home, Clearday Clubs, and memory care America.
Executives
James Walesa director, 10 percent owner, officer: Chief Executive Officer 1460 RENAISSANCE DR., #212, PARK RIDGE IL 60068
Watson Robert Glen Jr. director 602 ALTA AVENUE, SAN ANTONIO TX 78217
Billie Jay Parrish director, officer: Chief Operating Officer C/O CLEARDAY, INC., 8800 VILLAGE DRIVE, SUITE 106, SAN ANTONIO TX 78217
Elizabeth M. Caveness director 408 EAST CREEKVIEW DRIVE, HAMPSTEAD NC 28443
Alan H Channing director 263 W END AVE., APT 3A, NEW YORK NY 10023
Gary Sawina officer: Executive Vice President 17302 FOUNTAIN VIEW DRIVE, SAN ANTONIO TX 78248
Linda Carrasco officer: President Memory Care America 126 STEEL VALLEY DRIVE, BOERNE TX 78006
Richard M. Morris officer: Executive Vice President 11 AMALFI DRIVE, CORTLANDT MANOR NY 10567
Allied Integral United, Inc. 10 percent owner 2211 NW MILITARY HIGHWAY, SUITE 201, SAN ANTONIO TX 78213
Julia Suzanne Johnson director 1001 RIDDER PARK STREET, SAN JOSE CA 95131
Kopp Family Office, Llc 10 percent owner 8500 NORMANDALE LAKE BOULEVARD, SUITE 475, BLOOMINGTON MN 55437
Dan L Halvorson director 4780 EASTGATE MALL, SAN DIEGO CA 92121
Kenneth E Pfeiffer officer: Vice President Engineering 460 WARD DRIVE, SANTA BARBARA CA 93111
Thomas R Giunta officer: VP Engineering 460 WARD DRIVE, SANTA BARBARA CA 93111
Xiaoxiong Zhang 10 percent owner 3/F, BLOCK B, 11 LANGSHAN RD, HI-TECH INDUSTRIAL PK, NANSHAN DISTRICT, SHENZHEN F4 518057