GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Cue Health Inc (NAS:HLTH) » Definitions » Days Sales Outstanding

Cue Health (Cue Health) Days Sales Outstanding : 7.01 (As of Dec. 2023)


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

What is Cue Health Days Sales Outstanding?

Cue Health's average Accounts Receivable for the three months ended in Dec. 2023 was $1.34 Mil. Cue Health's Revenue for the three months ended in Dec. 2023 was $17.38 Mil. Hence, Cue Health's Days Sales Outstanding for the three months ended in Dec. 2023 was 7.01.

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

HLTH' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.02   Med: 47.47   Max: 57.13
Current: 37.43

During the past 5 years, Cue Health's highest Days Sales Outstanding was 57.13. The lowest was 11.02. And the median was 47.47.

HLTH's Days Sales Outstanding is ranked better than
58.91% of 640 companies
in the Healthcare Providers & Services industry
Industry Median: 46.205 vs HLTH: 37.43

Cue Health's Days Sales Outstanding declined from Dec. 2022 (13.63) to Dec. 2023 (7.01).


Cue Health Days Sales Outstanding Historical Data

The historical data trend for Cue 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.

* Premium members only.

Cue Health Days Sales Outstanding Chart

Cue Health Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
11.02 51.79 32.23 47.47 57.13

Cue Health Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.63 53.18 69.16 9.36 7.01

Competitive Comparison of Cue Health's Days Sales Outstanding

For the Health Information Services subindustry, Cue 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.


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

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

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



Cue 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.

Cue 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
=( (18.751 + 1.352) / 2 ) / 64.223*365
=10.0515 / 64.223*365
=57.13

Cue 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
=( (1.32 + 1.352) / 2 ) / 17.381*365 / 4
=1.336 / 17.381*365 / 4
=7.01

* 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.


Cue Health  (NAS:HLTH) Days Sales Outstanding Explanation

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


Cue Health Days Sales Outstanding Related Terms

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


Cue Health (Cue Health) Business Description

Traded in Other Exchanges
N/A
Address
4980 Carroll Canyon Road, Suite 100, San Diego, CA, USA, 92121
Cue Health Inc is a health technology company. It puts consumers in control of health information and places diagnostic information at the center of care. It enables people to manage health through real-time, actionable and connected health data. Further, it offers individuals, enterprises, government agencies and healthcare providers access to lab-quality diagnostic testing at home, at work, or at the point-of-care, all in a device that fits in the palm of hand.
Executives
T-twelve Holdings, Llc 10 percent owner C/O SIERRA FIDUCIARY SUPPORT SERVICES, 100 WEST LIBERTY ST., SUITE 750, RENO NV 89501
Tup Investments, L.p. 10 percent owner 520 NEWPORT CENTER DR., 21ST FLOOR, NEWPORT BEACH CA 92660
Tarsadia Investments, Llc 10 percent owner 520 NEWPORT CENTER DR., 21ST FLOOR, NEWPORT BEACH CA 92660
Cp (hlth), Llc 10 percent owner 520 NEWPORT CENTER DR., 21ST FLOOR, NEWPORT BEACH CA 92660
Tfc Manager, Llc 10 percent owner C/O SIERRA FIDUCIARY SUPPORT SERVICES, 100 WEST LIBERTY ST., SUITE 750, RENO NV 89501
Nvga I, Llc 10 percent owner 520 NEWPORT CENTER DR., 21ST FLOOR, NEWPORT BEACH CA 92660
Tccs I, Lp 10 percent owner 10 EAST 53RD STREET, 23RD FLOOR, NEW YORK NY 10022
Tc Gp, Llc 10 percent owner 10 EAST 53RD STREET, 23RD FLOOR, NEW YORK NY 10022
Tarsadia Capital, Llc 10 percent owner 10 EAST 53RD STREET, 23RD FLOOR, NEW YORK NY 10022
Aasim Javed officer: Chief Financial Officer C/O CUE HEALTH INC, 4980 CARROLL CANYON RD SUITE 100, SAN DIEGO CA 92121
Randall E. Pollard officer: Chief Accounting Officer 6229 PINE TREE CT., LONG GROVE IL 60047
Clint Sever officer: Chief Product Officer C/O CUE HEALTH INC., 4980 CARROLL CANYON RD. SUITE 100, SAN DIEGO CA 92121
Sachin H. Jain director C/O CARDIOVASCULAR SYSTEMS, INC., 1225 OLD HIGHWAY 8 NW, ST. PAUL MN 55112
Joshua Ghaim director C/O CUE HEALTH INC., 4980 CARROLL CANYON ROAD SUITE 100, SAN DIEGO CA 92121
Kelly P. Day 10 percent owner 865 FIGUEROA STREET, SUITE 700, LOS ANGELES CA 90017