Wednesday, December 31, 2003

Apria cuts its DSO to 50
LAKE FOREST, Calif. - As of Sept. 30, Apria’s DSO stood at 51 days, down from 52 days on June 30, 2003, according to the company’s third quarter financial statement. Through the first three quarters of 2003, Apria has acquired 21 companies with an aggregate purchase price of $88.6 million, all of which continued to be funded by cash flow generated from operations.