Herbal Dispatch (XCNQ:HERB) Days Sales Outstanding : 36.18 (As of Mar. 2024)

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What is Herbal Dispatch Days Sales Outstanding?

Herbal Dispatch's average Accounts Receivable for the three months ended in Mar. 2024 was C$0.50 Mil. Herbal Dispatch's Revenue for the three months ended in Mar. 2024 was C$1.27 Mil. Hence, Herbal Dispatch's Days Sales Outstanding for the three months ended in Mar. 2024 was 36.18.

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

XCNQ:HERB' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.21 Med: 41.72 Max: 273.75
Current: 26.33

During the past 13 years, Herbal Dispatch's highest Days Sales Outstanding was 273.75. The lowest was 11.21. And the median was 41.72.

XCNQ:HERB's Days Sales Outstanding is ranked better than
90.16% of 996 companies
in the Drug Manufacturers industry
Industry Median: 71.41 vs XCNQ:HERB: 26.33

Herbal Dispatch's Days Sales Outstanding declined from Mar. 2023 (65.27) to Mar. 2024 (36.18).

Herbal Dispatch Days Sales Outstanding Historical Data

The historical data trend for Herbal Dispatch'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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Herbal Dispatch Days Sales Outstanding Chart

Herbal Dispatch Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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273.75

11.21

53.78

29.66

Herbal Dispatch Quarterly Data
	Sep18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															65.27	30.59	27.20	21.18	36.18

Competitive Comparison of Herbal Dispatch's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, Herbal Dispatch'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.

Herbal Dispatch's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Herbal Dispatch's Days Sales Outstanding falls into.

Herbal Dispatch 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.

Herbal Dispatch'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
=	( (0.067	+	0.704)	/	2 )	/	4.744	*	365
=	0.3855					/	4.744	*	365
=	29.66

Herbal Dispatch's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (0.704	+	0.304)	/	2 )	/	1.271	*	365 / 4
=	0.504					/	1.271	*	365 / 4
=	36.18

Herbal Dispatch (XCNQ:HERB) Days Sales Outstanding Explanation

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

Herbal Dispatch Days Sales Outstanding Related Terms

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Herbal Dispatch (XCNQ:HERB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Herbal Dispatch Inc (XCNQ:HERB) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

LUFFF:USA

Address

DS Lawyers Canada LLP, 543 Granville Street, Suite 800, Vancouver, BC, CAN, V6C 1X8

Website

https://www.herbaldispatch.com

Herbal Dispatch Inc owns and operates cannabis e-commerce platforms in both Canada and the United States and is dedicated to providing top-quality cannabis to informed consumers at affordable pricing. The company's flagship cannabis marketplace, Herbal Dispatch, is a trusted source for exclusive access to small-batch craft cannabis flowers and a wide array of other product formats.

Executives

Herb Dhaliwal

Director

Herbal Dispatch (XCNQ:HERB) Headlines

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