Assure Holdings (FRA:14G) Days Sales Outstanding : 29,028.91 (As of Mar. 2024)

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What is Assure Holdings Days Sales Outstanding?

Assure Holdings's average Accounts Receivable for the three months ended in Mar. 2024 was €2.55 Mil. Assure Holdings's Revenue for the three months ended in Mar. 2024 was €0.01 Mil. Hence, Assure Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 29,028.91.

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

FRA:14G' s Days Sales Outstanding Range Over the Past 10 Years
Min: 148.02 Med: 512.07 Max: 16279.31
Current: 1486.71

During the past 13 years, Assure Holdings's highest Days Sales Outstanding was 16279.31. The lowest was 148.02. And the median was 512.07.

FRA:14G's Days Sales Outstanding is ranked worse than
99.07% of 648 companies
in the Healthcare Providers & Services industry
Industry Median: 47.14 vs FRA:14G: 1486.71

Assure Holdings's Days Sales Outstanding increased from Mar. 2023 (11,048.50) to Mar. 2024 (29,028.91).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Assure Holdings Days Sales Outstanding Historical Data

The historical data trend for Assure Holdings'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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Assure Holdings Days Sales Outstanding Chart

Assure Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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540.75

2,524.76

256.40

15,609.70

13,546.34

Assure Holdings 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															11,048.50	643.81	14,076.83	15,100.19	29,028.91

Competitive Comparison of Assure Holdings's Days Sales Outstanding

For the Medical Care Facilities subindustry, Assure Holdings'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.

Assure Holdings's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Assure Holdings's Days Sales Outstanding falls into.

Assure Holdings 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.

Assure Holdings'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
=	( (14.067	+	3.302)	/	2 )	/	0.234	*	365
=	8.6845					/	0.234	*	365
=	13,546.34

Assure Holdings'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
=	( (3.302	+	1.788)	/	2 )	/	0.008	*	365 / 4
=	2.545					/	0.008	*	365 / 4
=	29,028.91

Assure Holdings (FRA:14G) Days Sales Outstanding Explanation

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

Assure Holdings Days Sales Outstanding Related Terms

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Assure Holdings (FRA:14G) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Assure Holdings Corp (FRA:14G) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

IONM:USA

Address

7887 East Belleview Avenue, Suite 500, Englewood, CO, USA, 80237

Website

https://www.assureneuromonitoring.com

Assure Holdings Corp is a provider of outsourced intraoperative neurophysiological monitoring (IONM) and an emerging provider of remote neurology services. The company delivers a turnkey suite of clinical and operational services to support surgeons and medical facilities during invasive procedures. Assure's mission is to provide exceptional surgical care and a positive patient experience. It provides services across twelve states.

Assure Holdings (FRA:14G) Headlines

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