MicroPort NeuroTech (HKSE:02172) Days Sales Outstanding : 10.48 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is MicroPort NeuroTech Days Sales Outstanding?

MicroPort NeuroTech's average Accounts Receivable for the six months ended in Dec. 2023 was HK$23.0 Mil. MicroPort NeuroTech's Revenue for the six months ended in Dec. 2023 was HK$400.8 Mil. Hence, MicroPort NeuroTech's Days Sales Outstanding for the six months ended in Dec. 2023 was 10.48.

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

HKSE:02172' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.75 Med: 19.97 Max: 92.06
Current: 9.57

During the past 5 years, MicroPort NeuroTech's highest Days Sales Outstanding was 92.06. The lowest was 3.75. And the median was 19.97.

HKSE:02172's Days Sales Outstanding is ranked better than
97.52% of 808 companies
in the Medical Devices & Instruments industry
Industry Median: 65.27 vs HKSE:02172: 9.57

MicroPort NeuroTech's Days Sales Outstanding increased from Dec. 2022 (8.11) to Dec. 2023 (10.48).

MicroPort NeuroTech Days Sales Outstanding Historical Data

The historical data trend for MicroPort NeuroTech'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.

MicroPort NeuroTech Days Sales Outstanding Chart

MicroPort NeuroTech Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

92.06

70.45

19.97

3.75

5.72

MicroPort NeuroTech Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			0.90	9.05	8.11	12.75	10.48

Competitive Comparison of MicroPort NeuroTech's Days Sales Outstanding

For the Medical Devices subindustry, MicroPort NeuroTech'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.

MicroPort NeuroTech's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where MicroPort NeuroTech's Days Sales Outstanding falls into.

MicroPort NeuroTech 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.

MicroPort NeuroTech'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
=	( (11.246	+	11.555)	/	2 )	/	728.045	*	365
=	11.4005					/	728.045	*	365
=	5.72

MicroPort NeuroTech'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (34.476	+	11.555)	/	2 )	/	400.794	*	365 / 2
=	23.0155					/	400.794	*	365 / 2
=	10.48

MicroPort NeuroTech (HKSE:02172) Days Sales Outstanding Explanation

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

MicroPort NeuroTech Days Sales Outstanding Related Terms

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

MicroPort NeuroTech (HKSE:02172) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » MicroPort NeuroTech Ltd (HKSE:02172) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1661 Zhangdong Road, Pudong New Area, Shanghai, CHN

Website

https://www.medneurotech.com

MicroPort NeuroTech Ltd is into the neuro-interventional medical device industry, dedicated to providing innovative solutions for physicians and patients. The company boast a comprehensive portfolio of approved therapeutic products covering all of the three main areas of neurovascular disease, namely hemorrhagic stroke, cerebral atherosclerotic stenosis and acute ischemic stroke.

Executives

Hu Yibin
Biolink Biomedical Ltd.	2201 Interest of corporation controlled by you
Blossom Vision Limited	2201 Interest of corporation controlled by you
Lion Fish Limited	2201 Interest of corporation controlled by you
Suntera Corporate Trustees (hong Kong) Limited	2301 Trustee
Thriving Hope Limited	2201 Interest of corporation controlled by you
Biolink Fund Limited Partnership	2201 Interest of corporation controlled by you
Biolink Limited	2101 Beneficial owner
Microport Scientific Corporation
Microport Scientific Investment Ltd
Maxwell Maxcare Science Foundation Limited
We'tron Capital Limited

MicroPort NeuroTech (HKSE:02172) Headlines

No Headlines