Ethema Health (Ethema Health) Days Sales Outstanding : 40.31 (As of Dec. 2023)

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What is Ethema Health Days Sales Outstanding?

Ethema Health's average Accounts Receivable for the three months ended in Dec. 2023 was $0.50 Mil. Ethema Health's Revenue for the three months ended in Dec. 2023 was $1.13 Mil. Hence, Ethema Health's Days Sales Outstanding for the three months ended in Dec. 2023 was 40.31.

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

GRST' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.81 Med: 40.44 Max: 177.86
Current: 32.03

During the past 13 years, Ethema Health's highest Days Sales Outstanding was 177.86. The lowest was 16.81. And the median was 40.44.

GRST's Days Sales Outstanding is ranked better than
67.03% of 640 companies
in the Healthcare Providers & Services industry
Industry Median: 45.94 vs GRST: 32.03

Ethema Health's Days Sales Outstanding increased from Dec. 2022 (23.07) to Dec. 2023 (40.31).

Ethema Health Days Sales Outstanding Historical Data

The historical data trend for Ethema Health'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.

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Ethema Health Days Sales Outstanding Chart

Ethema Health Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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156.65

58.68

16.81

19.42

22.19

Ethema Health Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															23.07	30.88	29.54	38.82	40.31

Competitive Comparison of Ethema Health's Days Sales Outstanding

For the Medical Care Facilities subindustry, Ethema Health'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.

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

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

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

Ethema Health 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.

Ethema Health's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0.337	+	0.313)	/	2 )	/	5.345	*	365
=	0.325					/	5.345	*	365
=	22.19

Ethema Health's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0.681	+	0.313)	/	2 )	/	1.125	*	365 / 4
=	0.497					/	1.125	*	365 / 4
=	40.31

Ethema Health (OTCPK:GRST) Days Sales Outstanding Explanation

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

Ethema Health Days Sales Outstanding Related Terms

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Ethema Health (Ethema Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Ethema Health Corp (OTCPK:GRST) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

950 Evernia Street, West Palm Beach, FL, USA, 33401

Website

https://www.ethemahealth.com

Ethema Health Corp is engaged in developing and operating medical clinics in Delray Beach Florida. It provides addiction and mental health treatment facilities. The company's operating segment includes Rental Operations and Rehabilitation Services provided to customers. It generates maximum revenue from the In-Patient services segment.

Executives

Shawn Edward Leon	director, 10 percent owner, officer: CEO	5734 YONGE STREET, SUITE 300, NORTH YORK A6 M2M 4E7
William L Sklar	officer: Chief Financial Officer	513 ROSELAWN AVENUE, TORONTO A6 M5N 1K2