Trulieve Cannabis (Trulieve Cannabis) Days Sales Outstanding : 1.94 (As of Mar. 2024)

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What is Trulieve Cannabis Days Sales Outstanding?

Trulieve Cannabis's average Accounts Receivable for the three months ended in Mar. 2024 was $6 Mil. Trulieve Cannabis's Revenue for the three months ended in Mar. 2024 was $298 Mil. Hence, Trulieve Cannabis's Days Sales Outstanding for the three months ended in Mar. 2024 was 1.94.

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

TCNNF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.22 Med: 2.15 Max: 3285
Current: 2.22

During the past 10 years, Trulieve Cannabis's highest Days Sales Outstanding was 3285.00. The lowest was 0.22. And the median was 2.15.

TCNNF's Days Sales Outstanding is ranked better than
99% of 998 companies
in the Drug Manufacturers industry
Industry Median: 71.84 vs TCNNF: 2.22

Trulieve Cannabis's Days Sales Outstanding declined from Mar. 2023 (2.33) to Mar. 2024 (1.94).

Trulieve Cannabis Days Sales Outstanding Historical Data

The historical data trend for Trulieve Cannabis'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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Trulieve Cannabis Days Sales Outstanding Chart

Trulieve Cannabis Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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0.22

1.79

2.30

2.13

Trulieve Cannabis Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															2.33	2.44	2.30	2.16	1.94

Competitive Comparison of Trulieve Cannabis's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, Trulieve Cannabis'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.

Trulieve Cannabis's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Trulieve Cannabis's Days Sales Outstanding falls into.

Trulieve Cannabis 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.

Trulieve Cannabis'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
=	( (6.507	+	6.703)	/	2 )	/	1129.193	*	365
=	6.605					/	1129.193	*	365
=	2.13

Trulieve Cannabis's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (6.703	+	5.934)	/	2 )	/	297.619	*	365 / 4
=	6.3185					/	297.619	*	365 / 4
=	1.94

Trulieve Cannabis (OTCPK:TCNNF) Days Sales Outstanding Explanation

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

Trulieve Cannabis Days Sales Outstanding Related Terms

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Trulieve Cannabis (Trulieve Cannabis) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Trulieve Cannabis Corp (OTCPK:TCNNF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

T0A:Germany TRUL:Canada

Address

6749 Ben Bostic Road, Quincy, FL, USA, 32351

Website

https://www.trulieve.com

Trulieve Cannabis Corp is a vertically integrated seed to sale and fully licensed medical marijuana company. It is mainly engaged in the cultivation, possession, use, sale, and distribution of medical cannabis.

Executives

Timothy E Mullany	officer: Chief Financial Officer	3551 PLANO PARKWAY, THE COLONY TX 75056
Ryan Blust	officer: Chief Financial Officer	6749 BEN BOSTIC ROAD, QUINCY FL 32351
Joy Malivuk	officer: Chief Accounting Officer	6749 BEN BOSTIC ROAD, QUINCY FL 32351
Peter Healy	director	C/O TRULIEVE CANNABIS CORP., 6749 BEN BOSTIC ROAD, QUINCY FL 32351
Rebecca L. Young	officer: Chief Accounting Officer	C/O TRULIEVE CANNABIS CORP., 6749 BEN BOSTIC ROAD, QUINCY FL 32351
Kim A. Rivers	director, 10 percent owner, officer: Chief Executive Officer	C/O TRULIEVE CANNABIS CORP., 6749 BEN BOSTIC ROAD, QUINCY FL 32351
Thomas L Millner	director, 10 percent owner
Thad Beshears	director, 10 percent owner	C/O TRULIEVE CANNABIS CORP., 6749 BEN BOSTIC ROAD, QUINCY FL 32351
Kyle Landrum	officer: Chief Production Officer	C/O TRULIEVE CANNABIS CORP., 6749 BEN BOSTIC ROAD, QUINCY FL 32351
Timothy Morey	officer: Chief Sales Officer	C/O TRULIEVE CANNABIS CORP., 6749 BEN BOSTIC ROAD, QUINCY FL 32351
Eric Powers	officer: GC and Corporate Secretary	C/O TRULIEVE CANNABIS CORP., 6749 BEN BOSTIC ROAD, QUINCY FL 32351
Susan Thronson	director	C/O ANGIE'S LIST, INC., 1030 E. WASHINGTON STREET, INDIANPOLIS IN 46202
Alex D'amico	officer: Chief Financial Officer	10 EAST PASSAIC AVENUE, UNIT C-2, NUTLEY NJ 07110
Giannella Alvarez	director	C/O DOMTAR CORPORATION, 234 KINGSLEY PARK DRIVE, FORT MILL SC 29715
Jane C Morreau	director