The Hempshire Group (TSXV:HMPG) Days Sales Outstanding : 15.90 (As of Sep. 2023)

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What is The Hempshire Group Days Sales Outstanding?

The Hempshire Group's average Accounts Receivable for the three months ended in Sep. 2023 was C$0.01 Mil. The Hempshire Group's Revenue for the three months ended in Sep. 2023 was C$0.07 Mil. Hence, The Hempshire Group's Days Sales Outstanding for the three months ended in Sep. 2023 was 15.90.

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

TSXV:HMPG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.98 Med: 12.8 Max: 19.61
Current: 17.35

During the past 2 years, The Hempshire Group's highest Days Sales Outstanding was 19.61. The lowest was 5.98. And the median was 12.80.

TSXV:HMPG's Days Sales Outstanding is ranked better than
93.37% of 996 companies
in the Drug Manufacturers industry
Industry Median: 71.41 vs TSXV:HMPG: 17.35

The Hempshire Group's Days Sales Outstanding declined from Sep. 2022 (27.04) to Sep. 2023 (15.90).

The Hempshire Group Days Sales Outstanding Historical Data

The historical data trend for The Hempshire 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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The Hempshire Group Days Sales Outstanding Chart

The Hempshire Group Annual Data

Trend

Dec21

Dec22

Days Sales Outstanding

5.98

19.61

The Hempshire Group Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial			27.04	19.55	16.22	22.81	15.90

Competitive Comparison of The Hempshire Group's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, The Hempshire 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.

The Hempshire Group's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

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

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

The Hempshire 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.

The Hempshire Group's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (0.006	+	0.007)	/	2 )	/	0.121	*	365
=	0.0065					/	0.121	*	365
=	19.61

The Hempshire Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (0.012	+	0.011)	/	2 )	/	0.066	*	365 / 4
=	0.0115					/	0.066	*	365 / 4
=	15.90

The Hempshire Group (TSXV:HMPG) Days Sales Outstanding Explanation

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

The Hempshire Group Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of The Hempshire Group's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

The Hempshire Group (TSXV:HMPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » The Hempshire Group Inc (TSXV:HMPG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

870 East Research Drive, Suite 2, Palm Springs, CA, USA, 92262

Website

https://www.hempshiregroup.com

The Hempshire Group Inc is dedicated to sourcing the finest organic CBD-rich hemp and other organic ingredients, such as mullein and white sage, to create CBD Hemp Smokes that provide all the enjoyable rituals of smoking, without the addictive and dangerous effects of tobacco and nicotine.

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