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MedSci Healthcare Holdings (HKSE:02415) Days Sales Outstanding : 29.78 (As of Dec. 2023)


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What is MedSci Healthcare Holdings Days Sales Outstanding?

MedSci Healthcare Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$35.3 Mil. MedSci Healthcare Holdings's Revenue for the six months ended in Dec. 2023 was HK$216.3 Mil. Hence, MedSci Healthcare Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 29.78.

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

HKSE:02415' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.61   Med: 33.2   Max: 38.3
Current: 35.91

During the past 4 years, MedSci Healthcare Holdings's highest Days Sales Outstanding was 38.30. The lowest was 28.61. And the median was 33.20.

HKSE:02415's Days Sales Outstanding is ranked better than
60.53% of 641 companies
in the Healthcare Providers & Services industry
Industry Median: 46.87 vs HKSE:02415: 35.91

MedSci Healthcare Holdings's Days Sales Outstanding declined from Dec. 2022 (32.22) to Dec. 2023 (29.78).

MedSci Healthcare Holdings Days Sales Outstanding Historical Data

The historical data trend for MedSci Healthcare 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.

* Premium members only.

MedSci Healthcare Holdings Days Sales Outstanding Chart

MedSci Healthcare Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
29.65 28.61 36.75 38.30

MedSci Healthcare Holdings Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial - 41.84 32.22 41.16 29.78

Competitive Comparison of MedSci Healthcare Holdings's Days Sales Outstanding

For the Health Information Services subindustry, MedSci Healthcare 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.

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

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

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


MedSci Healthcare 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.

MedSci Healthcare 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
=( (42.122 + 38.025) / 2 ) / 381.941*365
=40.0735 / 381.941*365
=38.30

MedSci Healthcare Holdings'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
=( (32.579 + 38.025) / 2 ) / 216.343*365 / 2
=35.302 / 216.343*365 / 2
=29.78

* 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.

MedSci Healthcare Holdings  (HKSE:02415) Days Sales Outstanding Explanation

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

MedSci Healthcare Holdings Days Sales Outstanding Related Terms

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MedSci Healthcare Holdings (HKSE:02415) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » MedSci Healthcare Holdings Ltd (HKSE:02415) » Definitions » Days Sales Outstanding
Comparable Companies
HKSE:02361 HKSE:09886 HKSE:06819 HKSE:09686 HKSE:02251 HKSE:02159 HKSE:02158 GEHC VEEV TSE:2413 HQY ASX:PME RCM TXG DOCS PGNY TDOC EVH HKSE:01833 PRVA
Traded in Other Exchanges
N/A
Address
No. 258, Xinzhuan Road, 18th Floor, Building 34, Songjiang District, Shanghai, CHN
Website
https://ir.medsci.cn
MedSci Healthcare Holdings Ltd is an investment holding company. It operates online professional physician platforms in China. The principal activities of the Company are the provision of physician platform solutions, precision omni-channel marketing solutions, and real-world study solutions in the People's Republic of China.
Executives
Li Xinmei 2202 Interest of your spouse
Zhang Fabao 2201 Interest of corporation controlled by you
Dtx Health Limited 2101 Beneficial owner
Yu Jia 2201 Interest of corporation controlled by you
Dragon Step Ventures Limited 2101 Beneficial owner
Shanghai Qichang Investment Consulting Co., Ltd. 2201 Interest of corporation controlled by you
Suzhou Qicheng Investment Management Partnership (limited Partnership) 2201 Interest of corporation controlled by you
Suzhou Qiming Ronghe Venture Capital Partnership (limited Partnership) 2201 Interest of corporation controlled by you
Image Frame Investment (hk) Limited
Tencent Holdings Limited
Microhealth Limited 2101 Beneficial owner
Hu Xubo 2201 Interest of corporation controlled by you
Meiyue Limited 2101 Beneficial owner

MedSci Healthcare Holdings (HKSE:02415) Headlines

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