Beijing Chunlizhengda Medical Instruments Co (HKSE:01858) Days Sales Outstanding : 101.75 (As of Dec. 2023)

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What is Beijing Chunlizhengda Medical Instruments Co Days Sales Outstanding?

Beijing Chunlizhengda Medical Instruments Co's average Accounts Receivable for the three months ended in Dec. 2023 was HK$507.8 Mil. Beijing Chunlizhengda Medical Instruments Co's Revenue for the three months ended in Dec. 2023 was HK$455.4 Mil. Hence, Beijing Chunlizhengda Medical Instruments Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 101.75.

The historical rank and industry rank for Beijing Chunlizhengda Medical Instruments Co's Days Sales Outstanding or its related term are showing as below:

HKSE:01858' s Days Sales Outstanding Range Over the Past 10 Years
Min: 49.76 Med: 102.05 Max: 207.28
Current: 207.28

During the past 11 years, Beijing Chunlizhengda Medical Instruments Co's highest Days Sales Outstanding was 207.28. The lowest was 49.76. And the median was 102.05.

HKSE:01858's Days Sales Outstanding is ranked worse than
93.33% of 810 companies
in the Medical Devices & Instruments industry
Industry Median: 64.2 vs HKSE:01858: 207.28

Beijing Chunlizhengda Medical Instruments Co's Days Sales Outstanding declined from Sep. 2022 (305.98) to Dec. 2023 (101.75).

Warning Sign:

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

Beijing Chunlizhengda Medical Instruments Co Days Sales Outstanding Historical Data

The historical data trend for Beijing Chunlizhengda Medical Instruments Co'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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Beijing Chunlizhengda Medical Instruments Co Days Sales Outstanding Chart

Beijing Chunlizhengda Medical Instruments Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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49.76

72.60

101.19

140.88

136.65

Beijing Chunlizhengda Medical Instruments Co Quarterly Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															100.98	-	203.81	101.75	168.10

Competitive Comparison of Beijing Chunlizhengda Medical Instruments Co's Days Sales Outstanding

For the Medical Devices subindustry, Beijing Chunlizhengda Medical Instruments Co'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.

Beijing Chunlizhengda Medical Instruments Co's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Beijing Chunlizhengda Medical Instruments Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Beijing Chunlizhengda Medical Instruments Co's Days Sales Outstanding falls into.

Beijing Chunlizhengda Medical Instruments Co 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.

Beijing Chunlizhengda Medical Instruments Co'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
=	( (545.79	+	443.96)	/	2 )	/	1321.858	*	365
=	494.875					/	1321.858	*	365
=	136.65

Beijing Chunlizhengda Medical Instruments Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (571.686	+	443.96)	/	2 )	/	455.415	*	365 / 4
=	507.823					/	455.415	*	365 / 4
=	101.75

Beijing Chunlizhengda Medical Instruments Co (HKSE:01858) Days Sales Outstanding Explanation

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

Beijing Chunlizhengda Medical Instruments Co Days Sales Outstanding Related Terms

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Beijing Chunlizhengda Medical Instruments Co (HKSE:01858) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Beijing Chunlizhengda Medical Instruments Co Ltd (HKSE:01858) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

688236:China

Address

No. 10 Xinmi Xi Er Road, Southern District of Tongzhou, Economic Development Zone, Tongzhou District, Beijing, CHN

Website

http://www.clzd.com

Beijing Chunlizhengda Medical Instruments Co Ltd is an orthopedic medical device company. It is engaged in the research, development, manufacture, and sale of orthopedic medical devices, including joint prosthesis products and spinal products. The products offered by the company are classified into three categories, namely Standard joint prosthesis products, Custom joint prosthesis products, and Spinal products. It operates in the business segment of manufacture and trading of surgical implants, instruments and related products.

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