Zai Lab (HKSE:09688) Days Sales Outstanding

: 69.93 (As of Dec. 2023)

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Zai Lab's average Accounts Receivable for the three months ended in Dec. 2023 was HK$394 Mil. Zai Lab's Revenue for the three months ended in Dec. 2023 was HK$514 Mil. Hence, Zai Lab's Days Sales Outstanding for the three months ended in Dec. 2023 was 69.93.

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

HKSE:09688' s Days Sales Outstanding Range Over the Past 10 Years
Min: 33.39 Med: 67.21 Max: 254.65
Current: 63.33

During the past 9 years, Zai Lab's highest Days Sales Outstanding was 254.65. The lowest was 33.39. And the median was 67.21.

HKSE:09688's Days Sales Outstanding is ranked better than
56.82% of 887 companies
in the Biotechnology industry
Industry Median: 72.66 vs HKSE:09688: 63.33

Zai Lab's Days Sales Outstanding increased from Dec. 2022 (49.51) to Dec. 2023 (69.93).

Zai Lab Days Sales Outstanding Historical Data

The historical data trend for Zai Lab'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => 54.55 [5] => 33.48 [6] => 66.53 [7] => 74.28 [8] => 67.77 )

Zai Lab Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

54.55

33.48

66.53

74.28

67.77

Zai Lab Quarterly Data
	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding																49.51	60.29	60.10	58.59	69.93

Competitive Comparison

For the Biotechnology subindustry, Zai Lab'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.

Zai Lab Days Sales Outstanding Distribution

For the Biotechnology industry and Healthcare sector, Zai Lab's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Zai Lab's Days Sales Outstanding falls into.

Zai Lab 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.

Zai Lab'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
=	( (311.128	+	462.332)	/	2 )	/	2083.022	*	365
=	386.73					/	2083.022	*	365
=	67.77

Zai Lab'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
=	( (325.634	+	462.332)	/	2 )	/	514.119	*	365 / 4
=	393.983					/	514.119	*	365 / 4
=	69.93

Zai Lab (HKSE:09688) Days Sales Outstanding Explanation

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

Zai Lab Days Sales Outstanding Related Terms

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Zai Lab (HKSE:09688) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Zai Lab Ltd (HKSE:09688) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

ZLAB:USA ZLAB:Mexico 1ZLB:Germany

Address

4560 Jinke Road, Jinchuang Plaza, Building 1, 4th Floor, Pudong, Shanghai, CHN, 201210

Website

https://www.zailaboratory.com

Zai Lab Ltd is a biopharmaceutical company focusing on discovering or licensing, developing, and commercializing proprietary therapeutics that address areas of unmet medical need including in the fields of oncology, autoimmune and infectious diseases. The pipeline of proprietary drug candidates of the company includes ZL-2306 for treatment across multiple solid tumor types including ovarian and certain types of breast and lung cancers; ZL-2401 which is an antibiotic in a new class of tetracycline derivatives; and ZL-2301 is an oral, small molecule which targets HCC.

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