China Health Group (HKSE:00673) Days Sales Outstanding : 175.82 (As of Sep. 2023)

View and export this data going back to 1996. Start your Free Trial

What is China Health Group Days Sales Outstanding?

China Health Group's average Accounts Receivable for the six months ended in Sep. 2023 was HK$29.23 Mil. China Health Group's Revenue for the six months ended in Sep. 2023 was HK$30.34 Mil. Hence, China Health Group's Days Sales Outstanding for the six months ended in Sep. 2023 was 175.82.

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

HKSE:00673' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.43 Med: 234.36 Max: 634.56
Current: 130.47

During the past 13 years, China Health Group's highest Days Sales Outstanding was 634.56. The lowest was 27.43. And the median was 234.36.

HKSE:00673's Days Sales Outstanding is ranked worse than
78.13% of 96 companies
in the Medical Distribution industry
Industry Median: 76.76 vs HKSE:00673: 130.47

China Health Group's Days Sales Outstanding increased from Sep. 2022 (167.99) to Sep. 2023 (175.82).

China Health Group Days Sales Outstanding Historical Data

The historical data trend for China Health 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.

* Premium members only.

China Health Group Days Sales Outstanding Chart

China Health Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

297.73

277.36

191.36

161.10

164.57

China Health Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															190.91	97.92	167.99	107.83	175.82

Competitive Comparison of China Health Group's Days Sales Outstanding

For the Medical Distribution subindustry, China Health 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.

China Health Group's Days Sales Outstanding Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, China Health Group's Days Sales Outstanding distribution charts can be found below:

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

China Health 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.

China Health Group's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (38.156	+	30.751)	/	2 )	/	76.414	*	365
=	34.4535					/	76.414	*	365
=	164.57

China Health 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: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (30.751	+	27.715)	/	2 )	/	30.344	*	365 / 2
=	29.233					/	30.344	*	365 / 2
=	175.82

China Health Group (HKSE:00673) Days Sales Outstanding Explanation

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

China Health Group Days Sales Outstanding Related Terms

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

China Health Group (HKSE:00673) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » China Health Group Ltd (HKSE:00673) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

141 Des Voeux Road, Unit 801, 8th Floor, China Insurance Group Building, Central, Hong Kong, HKG

Website

http://www.ch-groups.com

China Health Group Ltd is an investment holding company. It is principally engaged in the distribution and service of medical equipment and consumables, provision of hospital operation and management service, and business factoring. It operates in the business in three segments Distribution and service in medical equipment and consumables; Hospital operation and management services and Business factoring service. It derives a majority of revenue from the Distribution and service in the medical equipment and consumables segment. Geographically the group's locations are located in the PRC.

China Health Group (HKSE:00673) Headlines

No Headlines