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Shanghai ZJ Bio-Tech Co (SHSE:688317) Days Sales Outstanding

: 230.25 (As of Sep. 2023)
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Shanghai ZJ Bio-Tech Co's average Accounts Receivable for the three months ended in Sep. 2023 was ¥147.1 Mil. Shanghai ZJ Bio-Tech Co's Revenue for the three months ended in Sep. 2023 was ¥58.3 Mil. Hence, Shanghai ZJ Bio-Tech Co's Days Sales Outstanding for the three months ended in Sep. 2023 was 230.25.

The historical rank and industry rank for Shanghai ZJ Bio-Tech Co's Days Sales Outstanding or its related term are showing as below:

SHSE:688317' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.42   Med: 130.93   Max: 162.62
Current: 121.68

During the past 10 years, Shanghai ZJ Bio-Tech Co's highest Days Sales Outstanding was 162.62. The lowest was 30.42. And the median was 130.93.

SHSE:688317's Days Sales Outstanding is ranked worse than
84.55% of 809 companies
in the Medical Devices & Instruments industry
Industry Median: 63.91 vs SHSE:688317: 121.68

Shanghai ZJ Bio-Tech Co's Days Sales Outstanding increased from Sep. 2022 (87.59) to Sep. 2023 (230.25).

Warning Sign:

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


Shanghai ZJ Bio-Tech Co Days Sales Outstanding Historical Data

The historical data trend for Shanghai ZJ Bio-Tech 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.

* Premium members only.

Shanghai ZJ Bio-Tech Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Sales Outstanding
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 159.78 152.83 30.42 40.27 34.76

Shanghai ZJ Bio-Tech Co Quarterly Data
Dec17 Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Sales Outstanding Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 87.59 59.93 233.78 267.80 230.25

Competitive Comparison

For the Medical Devices subindustry, Shanghai ZJ Bio-Tech 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.


Shanghai ZJ Bio-Tech Co Days Sales Outstanding Distribution

For the Medical Devices & Instruments industry and Healthcare sector, Shanghai ZJ Bio-Tech Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shanghai ZJ Bio-Tech Co's Days Sales Outstanding falls into.



Shanghai ZJ Bio-Tech 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.

Shanghai ZJ Bio-Tech Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

Days Sales Outstanding (A: Dec. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )*Days in Period
=( (215.494 + 227.623) / 2 ) / 2326.255*365
=221.5585 / 2326.255*365
=34.76

Shanghai ZJ Bio-Tech Co's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding (Q: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (162.695 + 131.438) / 2 ) / 58.284*365 / 4
=147.0665 / 58.284*365 / 4
=230.25

* 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.


Shanghai ZJ Bio-Tech Co  (SHSE:688317) Days Sales Outstanding Explanation

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


Shanghai ZJ Bio-Tech Co Days Sales Outstanding Related Terms

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Shanghai ZJ Bio-Tech Co (SHSE:688317) Business Description

Traded in Other Exchanges
N/A
Address
No. 588 Xinjun Ring Road, Building 26, Pujiang Hi-Tech Park, Caohejing Development Zone, Shanghai, CHN
Shanghai ZJ Bio-Tech Co Ltd is engaged in research and development, production and sales of genetic diagnostic reagents and instruments and equipment. The rapid real-time fluorescent PCR diagnostic test reagents developed by the company are mainly used in clinical medicine, public health emergencies, entry-exit inspection and quarantine, food inspection, animal husbandry, aquaculture and other fields.

Shanghai ZJ Bio-Tech Co (SHSE:688317) Headlines

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