Syra Health (Syra Health) Days Sales Outstanding : 54.67 (As of Dec. 2023)

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What is Syra Health Days Sales Outstanding?

Syra Health's average Accounts Receivable for the three months ended in Dec. 2023 was $1.06 Mil. Syra Health's Revenue for the three months ended in Dec. 2023 was $1.77 Mil. Hence, Syra Health's Days Sales Outstanding for the three months ended in Dec. 2023 was 54.67.

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

SYRA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.49 Med: 67.56 Max: 74.85
Current: 54.23

During the past 4 years, Syra Health's highest Days Sales Outstanding was 74.85. The lowest was 47.49. And the median was 67.56.

SYRA's Days Sales Outstanding is ranked worse than
58.06% of 639 companies
in the Healthcare Providers & Services industry
Industry Median: 46.55 vs SYRA: 54.23

Syra Health's Days Sales Outstanding declined from Dec. 2022 (55.74) to Dec. 2023 (54.67).

Syra Health Days Sales Outstanding Historical Data

The historical data trend for Syra Health'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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Syra Health Days Sales Outstanding Chart

Syra Health Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

67.56

47.49

74.85

Syra Health Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial				55.74	60.18	36.30	42.36	54.67

Competitive Comparison of Syra Health's Days Sales Outstanding

For the Medical Care Facilities subindustry, Syra Health'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.

Syra Health's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Syra Health's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Syra Health's Days Sales Outstanding falls into.

Syra Health 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.

Syra Health'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
=	( (1.201	+	1.061)	/	2 )	/	5.515	*	365
=	1.131					/	5.515	*	365
=	74.85

Syra Health'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1.055	+	1.061)	/	2 )	/	1.766	*	365 / 4
=	1.058					/	1.766	*	365 / 4
=	54.67

Syra Health (NAS:SYRA) Days Sales Outstanding Explanation

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

Syra Health Days Sales Outstanding Related Terms

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Syra Health (Syra Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Syra Health Corp (NAS:SYRA) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1119 Keystone Way North, No. 201, Carmel, IN, USA, 46032

Website

https://www.syrahealth.com

Syra Health Corp is a healthcare services company promoting preventative health, holistic wellness, health education, and equitable healthcare for all patient demographics. The company leverages deep scientific and healthcare expertise to create strategic frameworks and develop patient-centric solutions for the betterment of patient lives and health outcome linked to developing a healthier population. It strives to offer comprehensive end-to-end solutions in health education services, population health management, behavioral and mental health, healthcare workforce and digital health. The Company has two main forms of revenue - healthcare staffing revenue and medical communication revenue. The majority of revenue is derived from healthcare staffing.

Executives

Sandeep Allam	director, officer: President and Chair	1119 KEYSTONE WAY N., #201, CARMEL IN 46032
Feroz Syed	10 percent owner	1119 KEYSTONE WAY N., #201, CARMEL IN 46032
Deepika Vuppalanchi	director, officer: Chief Executive Officer	1119 KEYSTONE WAY N., #201, CARMEL IN 46032
Vijayapal Reddy	director	1119 KEYSTONE WAY N., #201, CARMEL IN 46032
Avutu Reddy	director	1119 KEYSTONE WAY N., #201, CARMEL IN 46032
Ketan Paranjape	director	1119 KEYSTONE WAY N., #201, CARMEL IN 46032
Andrew Dahlem	director	1119 KEYSTONE WAY N., #201, CARMEL IN 46032
Sherron Rogers	director	1119 KEYSTONE WAY N., #201, CARMEL IN 46032
Joe D Thomas	10 percent owner	2046 EAST MURRAY-HOLIDAY ROAD, SALT LAKE CITY UT 84117
Sls Group Llc	10 percent owner	6582 S BIG COTTONWOOD CANYON RD. #200, SALT LAKE CITY UT 84121
Priya Prasad	officer: CFO and COO	1119 KEYSTONE WAY N., #201, CARMEL IN 46032