Zhonghong Pulin Medical Products Co (SZSE:300981) Days Sales Outstanding : 66.11 (As of Sep. 2024)

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What is Zhonghong Pulin Medical Products Co Days Sales Outstanding?

Zhonghong Pulin Medical Products Co's average Accounts Receivable for the three months ended in Sep. 2024 was ¥500 Mil. Zhonghong Pulin Medical Products Co's Revenue for the three months ended in Sep. 2024 was ¥690 Mil. Hence, Zhonghong Pulin Medical Products Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 66.11.

The historical rank and industry rank for Zhonghong Pulin Medical Products Co's Days Sales Outstanding or its related term are showing as below:

SZSE:300981' s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.52 Med: 50.28 Max: 66.08
Current: 66.08

During the past 11 years, Zhonghong Pulin Medical Products Co's highest Days Sales Outstanding was 66.08. The lowest was 20.52. And the median was 50.28.

SZSE:300981's Days Sales Outstanding is ranked worse than
50.86% of 816 companies
in the Medical Devices & Instruments industry
Industry Median: 65.25 vs SZSE:300981: 66.08

Zhonghong Pulin Medical Products Co's Days Sales Outstanding increased from Sep. 2023 (62.77) to Sep. 2024 (66.11).

Zhonghong Pulin Medical Products Co Days Sales Outstanding Historical Data

The historical data trend for Zhonghong Pulin Medical Products 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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Zhonghong Pulin Medical Products Co Days Sales Outstanding Chart

Zhonghong Pulin Medical Products Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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48.99

20.52

22.63

57.02

52.35

Zhonghong Pulin Medical Products Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															62.77	65.96	64.24	67.59	66.11

Competitive Comparison of Zhonghong Pulin Medical Products Co's Days Sales Outstanding

For the Medical Instruments & Supplies subindustry, Zhonghong Pulin Medical Products 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.

Zhonghong Pulin Medical Products Co's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Zhonghong Pulin Medical Products Co's Days Sales Outstanding falls into.

Zhonghong Pulin Medical Products 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.

Zhonghong Pulin Medical Products 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
=	( (258.846	+	345.036)	/	2 )	/	2105.25	*	365
=	301.941					/	2105.25	*	365
=	52.35

Zhonghong Pulin Medical Products Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (471.796	+	527.811)	/	2 )	/	689.838	*	365 / 4
=	499.8035					/	689.838	*	365 / 4
=	66.11

Zhonghong Pulin Medical Products Co (SZSE:300981) Days Sales Outstanding Explanation

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

Zhonghong Pulin Medical Products Co Days Sales Outstanding Related Terms

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Zhonghong Pulin Medical Products Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Zhonghong Pulin Medical Products Co Ltd (SZSE:300981) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Chengxi Industrial Zone, Luannan County, Hebei Province, Tangshan, CHN, 063500

Website

http://www.zhonghongmedical.com

Zhonghong Pulin Medical Products Co Ltd is engaged in the research and development, production and sales of high-quality nitrile gloves, PVC gloves and other medical and industrial disposable protective gloves.

Executives

Chen Jun

Executives

Zhonghong Pulin Medical Products Co Headlines

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