Sonic Healthcare (Sonic Healthcare) Days Sales Outstanding : 42.75 (As of Dec. 2023)

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What is Sonic Healthcare Days Sales Outstanding?

Sonic Healthcare's average Accounts Receivable for the six months ended in Dec. 2023 was $675 Mil. Sonic Healthcare's Revenue for the six months ended in Dec. 2023 was $2,882 Mil. Hence, Sonic Healthcare's Days Sales Outstanding for the six months ended in Dec. 2023 was 42.75.

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

SKHHY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 39.56 Med: 46.53 Max: 52.32
Current: 43.47

During the past 13 years, Sonic Healthcare's highest Days Sales Outstanding was 52.32. The lowest was 39.56. And the median was 46.53.

SKHHY's Days Sales Outstanding is ranked better than
82.14% of 224 companies
in the Medical Diagnostics & Research industry
Industry Median: 69.415 vs SKHHY: 43.47

Sonic Healthcare's Days Sales Outstanding declined from Dec. 2022 (47.53) to Dec. 2023 (42.75).

Sonic Healthcare Days Sales Outstanding Historical Data

The historical data trend for Sonic Healthcare'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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Sonic Healthcare Days Sales Outstanding Chart

Sonic Healthcare Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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46.37

43.98

37.81

43.75

47.04

Sonic Healthcare Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															45.93	48.24	47.53	43.18	42.75

Competitive Comparison of Sonic Healthcare's Days Sales Outstanding

For the Diagnostics & Research subindustry, Sonic Healthcare'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.

Sonic Healthcare's Days Sales Outstanding Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Sonic Healthcare's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Sonic Healthcare's Days Sales Outstanding falls into.

Sonic Healthcare 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.

Sonic Healthcare's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (776.742	+	632.189)	/	2 )	/	5466.442	*	365
=	704.4655					/	5466.442	*	365
=	47.04

Sonic Healthcare'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (632.189	+	718.141)	/	2 )	/	2881.959	*	365 / 2
=	675.165					/	2881.959	*	365 / 2
=	42.75

Sonic Healthcare (OTCPK:SKHHY) Days Sales Outstanding Explanation

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

Sonic Healthcare Days Sales Outstanding Related Terms

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Sonic Healthcare (Sonic Healthcare) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Sonic Healthcare Ltd (OTCPK:SKHHY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SKHCF:USA SAB:Germany SHL:Australia

Address

225 George Street, Level 22, Grosvenor Place, Sydney, NSW, AUS, 2000

Website

https://www.sonichealthcare.com

Sonic Healthcare is a global pathology provider. It is the largest private operator in Australia, Germany, Switzerland and the U.K., the second largest in Belgium and New Zealand and the third largest in the U.S. In addition to pathology, which contributes roughly 85% of group revenue, Sonic is the second largest player in diagnostic imaging in Australia and the largest operator of medical centers in Australia. The company typically earns about 40% of group revenue in Australia and New Zealand, 25% in the U.S. and 35% in Europe.