Flora Growth's average Accounts Receivable for the
three
months ended in Dec. 2023 was $1.98 Mil. Flora Growth's Revenue for the
three
months ended in Dec. 2023 was $17.98 Mil.
Hence, Flora Growth's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 10.05.
The historical rank and industry rank for Flora Growth's Days Sales Outstanding or its related term are showing as below:
FLGC'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.72 Med: 82.27 Max: 874.62
Current: 12.94
During the past 5 years, Flora Growth's highest Days Sales Outstanding was 874.62. The lowest was 11.72. And the median was 82.27.
FLGC's Days Sales Outstanding is ranked better than 95.3% of 1001
companies
in the Drug Manufacturers industry
Industry Median: 72.57
vs FLGC: 12.94
Flora Growth's Days Sales Outstanding
declined
from Dec. 2022 (25.93) to Dec. 2023 (10.05).
Flora Growth Days Sales Outstanding Historical Data
The historical data trend for Flora Growth'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 Flora Growth's Days Sales Outstanding
For the Drug Manufacturers - Specialty & Generic subindustry, Flora Growth'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.
Flora Growth's Days Sales Outstanding Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Flora Growth's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Flora Growth's Days Sales Outstanding falls into.
Flora Growth 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.
Flora Growth (NAS:FLGC) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Flora Growth Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Flora Growth's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Flora Growth Corp is a multi-national cannabis company that manufactures and distributes consumer packaged goods, cultivates and distributes medicinal cannabis, and distributes pharmaceutical products. Its reportable segments are; the commercial and wholesale segment (FGH and Cosechemos subsidiaries), the house of brands segment (JustCBD, Vessel, and Kasa Wholefoods Company subsidiaries), and the pharmaceuticals segment (Grupo Farmaceutico Cronomed and Breeze Laboratory subsidiaries). Geographically, the company operates in the United States, Germany, Colombia, the United Kingdom, and Canada. it derives a majority of its revenue from the United States.
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