4Front Ventures (XCNQ:FFNT) Days Sales Outstanding : 17.24 (As of Dec. 2023)

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What is 4Front Ventures Days Sales Outstanding?

4Front Ventures's average Accounts Receivable for the three months ended in Dec. 2023 was C$5.3 Mil. 4Front Ventures's Revenue for the three months ended in Dec. 2023 was C$28.1 Mil. Hence, 4Front Ventures's Days Sales Outstanding for the three months ended in Dec. 2023 was 17.24.

The historical rank and industry rank for 4Front Ventures's Days Sales Outstanding or its related term are showing as below:

XCNQ:FFNT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.16 Med: 14.79 Max: 68.63
Current: 22.23

During the past 13 years, 4Front Ventures's highest Days Sales Outstanding was 68.63. The lowest was 4.16. And the median was 14.79.

XCNQ:FFNT's Days Sales Outstanding is ranked better than
91.69% of 999 companies
in the Drug Manufacturers industry
Industry Median: 72.15 vs XCNQ:FFNT: 22.23

4Front Ventures's Days Sales Outstanding declined from Dec. 2022 (22.97) to Dec. 2023 (17.24).

4Front Ventures Days Sales Outstanding Historical Data

The historical data trend for 4Front Ventures'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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4Front Ventures Days Sales Outstanding Chart

4Front Ventures Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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48.08

8.75

4.16

12.34

17.23

4Front Ventures Quarterly Data
	Jan19	Apr19	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															22.97	20.88	28.07	28.10	17.24

Competitive Comparison of 4Front Ventures's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, 4Front Ventures'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.

4Front Ventures's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, 4Front Ventures's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where 4Front Ventures's Days Sales Outstanding falls into.

4Front Ventures 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.

4Front Ventures'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
=	( (7.401	+	4.94)	/	2 )	/	130.719	*	365
=	6.1705					/	130.719	*	365
=	17.23

4Front Ventures'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
=	( (5.694	+	4.94)	/	2 )	/	28.145	*	365 / 4
=	5.317					/	28.145	*	365 / 4
=	17.24

4Front Ventures (XCNQ:FFNT) Days Sales Outstanding Explanation

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

4Front Ventures Days Sales Outstanding Related Terms

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4Front Ventures (XCNQ:FFNT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » 4Front Ventures Corp (XCNQ:FFNT) » Definitions » Days Sales Outstanding

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FFNTF:USA

Address

5060 North 40th Street, Suite 120, Phoenix, AZ, USA, 85018

Website

https://www.4frontventures.com

4Front Ventures Corp is a Canadian-based company. It is engaged in the cultivation, processing, extracting, manufacturing, and distribution of cannabis products. It operates in two segments: THC Cannabis and CBD Wellness. The THC Cannabis segment engages in the production and cultivation of THC cannabis, manufacturing and distribution of cannabis products to own dispensaries and third-party retail customers. The CBD Wellness segment encompasses the production and sale of CBD products to third-party customers.

4Front Ventures (XCNQ:FFNT) Headlines

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