Pure Harvestorate Group (Pure Harvestorate Group) Days Sales Outstanding : 13.27 (As of Mar. 2022)

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What is Pure Harvestorate Group Days Sales Outstanding?

Pure Harvestorate Group's average Accounts Receivable for the three months ended in Mar. 2022 was $0.06 Mil. Pure Harvestorate Group's Revenue for the three months ended in Mar. 2022 was $0.42 Mil. Hence, Pure Harvestorate Group's Days Sales Outstanding for the three months ended in Mar. 2022 was 13.27.

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

PHCG's Days Sales Outstanding is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 71.41
* Ranked among companies with meaningful Days Sales Outstanding only.

Pure Harvestorate Group's Days Sales Outstanding declined from Mar. 2021 (13.91) to Mar. 2022 (13.27).

Pure Harvestorate Group Days Sales Outstanding Historical Data

The historical data trend for Pure Harvestorate Group'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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Pure Harvestorate Group Days Sales Outstanding Chart

Pure Harvestorate Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Days Sales Outstanding

116.99

23.06

13.23

Pure Harvestorate Group Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Days Sales Outstanding	Get a 7-Day Free Trial													13.91	16.09	13.65	12.25	13.27

Competitive Comparison of Pure Harvestorate Group's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, Pure Harvestorate Group'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.

Pure Harvestorate Group's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Pure Harvestorate Group's Days Sales Outstanding falls into.

Pure Harvestorate Group 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.

Pure Harvestorate Group's Days Sales Outstanding for the fiscal year that ended in Dec. 2021 is calculated as

	Days Sales Outstanding (A: Dec. 2021 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2020 )	+	Accounts Receivable (A: Dec. 2021 ))	/	count )	/	Revenue (A: Dec. 2021 )	*	Days in Period
=	( (0.091	+	0.093)	/	2 )	/	2.538	*	365
=	0.092					/	2.538	*	365
=	13.23

Pure Harvestorate Group's Days Sales Outstanding for the quarter that ended in Mar. 2022 is calculated as:

	Days Sales Outstanding (Q: Mar. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Mar. 2022 ))	/	count )	/	Revenue (A: Mar. 2022 )	*	Days in Period
=	( (0.093	+	0.03)	/	2 )	/	0.423	*	365 / 4
=	0.0615					/	0.423	*	365 / 4
=	13.27

Pure Harvestorate Group (OTCPK:PHCG) Days Sales Outstanding Explanation

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

Pure Harvestorate Group Days Sales Outstanding Related Terms

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Pure Harvestorate Group (Pure Harvestorate Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Pure Harvest Corporate Group Inc (OTCPK:PHCG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

8879 Forest Drive, Littleton, CO, USA, 80126

Website

https://www.pureharvestgroup.com

The Pure Harvest Corporate Group, Inc. (OTCQB: PHCG) is a publicly-traded holding company focused on emerging and high-growth industries. The PHCG team is committed to formulating, manufacturing, and distributing high-quality cannabis and hemp-derived cannabinoid consumer products in markets where it is legal to do so. The Company has developed numerous retail brands and product lines that are currently available for purchase in select markets. Pure Harvest intends to grow its cannabis, hemp-derived cannabinoids, and Test Kitchen operations and expand globally as the laws regarding cannabis are reviewed and rewritten to repeal their prohibition.