R1 RCM's average Accounts Receivable for the
three
months ended in Dec. 2023 was $271 Mil. R1 RCM's Revenue for the
three
months ended in Dec. 2023 was $575 Mil.
Hence, R1 RCM's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 42.92.
The historical rank and industry rank for R1 RCM's Days Sales Outstanding or its related term are showing as below:
RCM'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.93 Med: 26.6 Max: 42.88
Current: 42.72
During the past 13 years, R1 RCM's highest Days Sales Outstanding was 42.88. The lowest was 4.93. And the median was 26.60.
RCM's Days Sales Outstanding is ranked better than 52.97% of 640
companies
in the Healthcare Providers & Services industry
Industry Median: 46.205
vs RCM: 42.72
R1 RCM's Days Sales Outstanding
increased
from Dec. 2022 (42.68) to Dec. 2023 (42.92).
R1 RCM Days Sales Outstanding Historical Data
The historical data trend for R1 RCM'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 R1 RCM's Days Sales Outstanding
For the Health Information Services subindustry, R1 RCM'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.
R1 RCM's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, R1 RCM's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where R1 RCM's Days Sales Outstanding falls into.
R1 RCM 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.
R1 RCM (NAS:RCM) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
R1 RCM Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of R1 RCM's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
R1 RCM Inc is a provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers. Its services help healthcare providers generate sustainable improvements in their operating margins and cash flows while also enhancing patient, physician, and staff satisfaction for the customers, Its service offering consists of end-to-end RCM services for health systems, hospitals, and physician groups that provide comprehensive revenue cycle infrastructure to providers, including all revenue cycle personnel, technology solutions, and process workflow. The majority of the revenue comes from the operating fees received.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
RCM has been successfully added to your 