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Progressive Care's average Accounts Receivable for the three months ended in Jun. 2024 was $10.82 Mil. Progressive Care's Revenue for the three months ended in Jun. 2024 was $13.48 Mil. Hence, Progressive Care's Days Sales Outstanding for the three months ended in Jun. 2024 was 73.27.
The historical rank and industry rank for Progressive Care's Days Sales Outstanding or its related term are showing as below:
During the past 13 years, Progressive Care's highest Days Sales Outstanding was 56.11. The lowest was 15.72. And the median was 19.40.
Progressive Care's Days Sales Outstanding increased from Jun. 2023 (36.54) to Jun. 2024 (73.27).
The historical data trend for Progressive Care'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.
Progressive Care Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Days Sales Outstanding | Get a 7-Day Free Trial | 18.88 | 20.19 | 20.33 | 26.34 | - |
Progressive Care Quarterly Data | ||||||||||||||||||||
Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |
Days Sales Outstanding | Get a 7-Day Free Trial | 36.54 | 45.03 | 49.32 | 64.23 | 73.27 |
For the Pharmaceutical Retailers subindustry, Progressive Care'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.
For the Healthcare Providers & Services industry and Healthcare sector, Progressive Care's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Progressive Care's Days Sales Outstanding falls into.
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.
Progressive Care'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 |
= | ( (3.672 | + | 8.339) | / | 2 ) | / | 0 | * | 365 |
= | 6.0055 | / | 0 | * | 365 | ||||
= | N/A |
Progressive Care's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:
Days Sales Outstanding (Q: Jun. 2024 ) | |||||||||
= | Average Accounts Receivable | / | Revenue | * | Days in Period | ||||
= | ( (Accounts Receivable (A: Mar. 2024 ) | + | Accounts Receivable (A: Jun. 2024 )) | / | count ) | / | Revenue (A: Jun. 2024 ) | * | Days in Period |
= | ( (12.253 | + | 9.391) | / | 2 ) | / | 13.477 | * | 365 / 4 |
= | 10.822 | / | 13.477 | * | 365 / 4 | ||||
= | 73.27 |
* 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.
Progressive Care (OTCPK:RXMD) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Thank you for viewing the detailed overview of Progressive Care's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Charles M. Fernandez | director, 10 percent owner, officer: Chairman & CEO | C/O FAIRHOLME CAPITAL MANAGEMENT, L.L.C., 4400 BISCAYNE BOULEVARD, 9TH FLOOR, MIAMI FL 33137 |
Rodney Barreto | director, 10 percent owner | 460 MARQUESA DRIVE, CORAL GABLES FL 33156 |
Pamela M Roberts | officer: CHIEF OPERATING OFFICER | 1540 NW 203 ST, MIAMI FL 33169 |
Pedro Rodriguez | director | 258 NE 27TH STREET, MIAMI FL 33137 |
Birute Norkute | officer: Chief Operating Officer | 2311 NE 174TH ST, MIAMI FL 33160 |
Alan Jay Weisberg | officer: CHIEF FINANCIAL OFFICER | 2500 NORTH MILITARY TRAIL, SUITE 206, BOCA RATON FL 33431 |
Cecile Munnik | officer: CFO | 400 ANSIN BLVD SUITE A, HALLANDALE BEACH FL 33009 |
Joseph Ziegler | director | 1051 HILLSBORO MILE, PH2, HILLSBORO BEACH FL 33062 |
Jervis Hough | director | 6053 BARTAM COVE, DULUTH GA 30097 |
Shital P Parikh | director, officer: Chief Operating Officer | 1111 PARK CENTER BLVD., SUITE 202, MIAMI GARDENS FL 33169 |
Vernon Watson | officer: Chief Executive Officer | 1111 PARK CENTER BLVD., SUITE 202, MIAMI GARDENS FL 33169 |
Armen Karapetyan | 10 percent owner | 17395 NORTH BAY ROAD, SUITE 102, SUNNY ISLES BEACH FL 33160 |
Avraham A. Friedman | director, 10 percent owner, officer: Chief Executive Officer | C/O PROGRESSIVE CARE INC., 901 N. MIAMI BEACH BLVD., SUITE 1, N. MIAMI BEACH FL 33162 |
Andy Subachan | director, 10 percent owner, officer: Chief Operating Officer | C/O PROGRESSIVE CARE INC., 901 N. MIAMI BEACH BLVD., SUITE 1, N. MIAMI BEACH FL 33162 |
Buddy Young | director, 10 percent owner, officer: President, CEO, CFO, Chairman |
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