Radius Residential Care (NZSE:RAD) Days Sales Outstanding : 32.07 (As of Sep. 2023)

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What is Radius Residential Care Days Sales Outstanding?

Radius Residential Care's average Accounts Receivable for the six months ended in Sep. 2023 was NZ$13.4 Mil. Radius Residential Care's Revenue for the six months ended in Sep. 2023 was NZ$76.4 Mil. Hence, Radius Residential Care's Days Sales Outstanding for the six months ended in Sep. 2023 was 32.07.

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

NZSE:RAD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.73 Med: 22.02 Max: 32.55
Current: 32.55

During the past 4 years, Radius Residential Care's highest Days Sales Outstanding was 32.55. The lowest was 20.73. And the median was 22.02.

NZSE:RAD's Days Sales Outstanding is ranked better than
65.73% of 639 companies
in the Healthcare Providers & Services industry
Industry Median: 46.64 vs NZSE:RAD: 32.55

Radius Residential Care's Days Sales Outstanding increased from Sep. 2022 (30.88) to Sep. 2023 (32.07).

Radius Residential Care Days Sales Outstanding Historical Data

The historical data trend for Radius Residential Care'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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Radius Residential Care Days Sales Outstanding Chart

Radius Residential Care Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

20.73

22.02

27.73

Radius Residential Care Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial			24.70	26.02	30.88	32.29	32.07

Competitive Comparison of Radius Residential Care's Days Sales Outstanding

For the Medical Care Facilities subindustry, Radius Residential Care'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.

Radius Residential Care's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Radius Residential Care's Days Sales Outstanding falls into.

Radius Residential Care 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.

Radius Residential Care's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (9.151	+	13.071)	/	2 )	/	146.268	*	365
=	11.111					/	146.268	*	365
=	27.73

Radius Residential Care'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: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (13.071	+	13.77)	/	2 )	/	76.361	*	365 / 2
=	13.4205					/	76.361	*	365 / 2
=	32.07

Radius Residential Care (NZSE:RAD) Days Sales Outstanding Explanation

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

Radius Residential Care Days Sales Outstanding Related Terms

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Radius Residential Care (NZSE:RAD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Radius Residential Care Ltd (NZSE:RAD) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

56 Parnell Road, Level 4, Parnell, Auckland, NTL, NZL, 1052

Website

https://www.radiuscare.co.nz

Radius Residential Care Ltd is a health and aged care provider for elderly and disabled people. The company provides residential care, hospital care, dementia care, respite care, and palliative care. The Company operates in one operating segment being the provision of aged care in New Zealand. Also, the company provides Young Disabled Care services, for those under 65 who require assistance with self-care, mobility and/or communication.

Radius Residential Care (NZSE:RAD) Headlines

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