Jiang Xinxin Medtec Co (SZSE:300453) Days Sales Outstanding : 24.98 (As of Mar. 2024)

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What is Jiang Xinxin Medtec Co Days Sales Outstanding?

Jiang Xinxin Medtec Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥91 Mil. Jiang Xinxin Medtec Co's Revenue for the three months ended in Mar. 2024 was ¥331 Mil. Hence, Jiang Xinxin Medtec Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 24.98.

The historical rank and industry rank for Jiang Xinxin Medtec Co's Days Sales Outstanding or its related term are showing as below:

SZSE:300453' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.73 Med: 47.41 Max: 85.31
Current: 25.31

During the past 13 years, Jiang Xinxin Medtec Co's highest Days Sales Outstanding was 85.31. The lowest was 24.73. And the median was 47.41.

SZSE:300453's Days Sales Outstanding is ranked better than
92.72% of 810 companies
in the Medical Devices & Instruments industry
Industry Median: 64.2 vs SZSE:300453: 25.31

Jiang Xinxin Medtec Co's Days Sales Outstanding declined from Mar. 2023 (30.30) to Mar. 2024 (24.98).

Jiang Xinxin Medtec Co Days Sales Outstanding Historical Data

The historical data trend for Jiang Xinxin Medtec 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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Jiang Xinxin Medtec Co Days Sales Outstanding Chart

Jiang Xinxin Medtec Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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48.70

41.48

29.99

25.53

24.73

Jiang Xinxin Medtec Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															30.30	27.55	25.93	23.40	24.98

Competitive Comparison of Jiang Xinxin Medtec Co's Days Sales Outstanding

For the Medical Instruments & Supplies subindustry, Jiang Xinxin Medtec 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.

Jiang Xinxin Medtec Co's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Jiang Xinxin Medtec Co's Days Sales Outstanding falls into.

Jiang Xinxin Medtec 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.

Jiang Xinxin Medtec 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
=	( (89.52	+	86.638)	/	2 )	/	1300.061	*	365
=	88.079					/	1300.061	*	365
=	24.73

Jiang Xinxin Medtec Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (86.638	+	94.669)	/	2 )	/	331.159	*	365 / 4
=	90.6535					/	331.159	*	365 / 4
=	24.98

Jiang Xinxin Medtec Co (SZSE:300453) Days Sales Outstanding Explanation

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

Jiang Xinxin Medtec Co Days Sales Outstanding Related Terms

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Jiang Xinxin Medtec Co (SZSE:300453) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Jiang Xi Sanxin Medtec Co Ltd (SZSE:300453) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

No. 999 Fushan Road, Xiaolan Economic and Technological Development Zone, Jiangxi, Nanchang, CHN, 330200

Website

http://www.sanxin-med.com

Jiang Xi Sanxin Medtec Co Ltd is engaged in researching and developing, manufacturing and marketing of medical devices. Its products include four series: blood purification, indwelling catheters, injections, infusion and blood transfusion. Blood purification products are used in clinical dialysis treatment for uremic patients. Indwelling catheter products represented by venous indwelling needles, positive pressure indwelling needles, central venous catheters. Injectable products mainly include self-destructing syringes, retracting self-destructing syringes, conjoined syringes.

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