CSPC Pharmaceutical Group (CSPC Pharmaceutical Group) Days Sales Outstanding : 70.61 (As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is CSPC Pharmaceutical Group Days Sales Outstanding?

CSPC Pharmaceutical Group's average Accounts Receivable for the three months ended in Dec. 2023 was $822 Mil. CSPC Pharmaceutical Group's Revenue for the three months ended in Dec. 2023 was $1,062 Mil. Hence, CSPC Pharmaceutical Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 70.61.

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

CHJTF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.03 Med: 42.97 Max: 60.31
Current: 58.87

During the past 13 years, CSPC Pharmaceutical Group's highest Days Sales Outstanding was 60.31. The lowest was 34.03. And the median was 42.97.

CHJTF's Days Sales Outstanding is ranked better than
63.04% of 1001 companies
in the Drug Manufacturers industry
Industry Median: 71.7 vs CHJTF: 58.87

CSPC Pharmaceutical Group's Days Sales Outstanding increased from Dec. 2022 (48.29) to Dec. 2023 (70.61).

CSPC Pharmaceutical Group Days Sales Outstanding Historical Data

The historical data trend for CSPC Pharmaceutical Group'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.

CSPC Pharmaceutical Group Days Sales Outstanding Chart

CSPC Pharmaceutical Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

37.71

33.92

36.97

44.60

57.46

CSPC Pharmaceutical Group Quarterly Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															48.29	44.10	61.56	64.69	70.61

Competitive Comparison of CSPC Pharmaceutical Group's Days Sales Outstanding

For the Drug Manufacturers - General subindustry, CSPC Pharmaceutical Group'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.

CSPC Pharmaceutical Group's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, CSPC Pharmaceutical Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where CSPC Pharmaceutical Group's Days Sales Outstanding falls into.

CSPC Pharmaceutical Group 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.

CSPC Pharmaceutical Group'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
=	( (564.85	+	821.997)	/	2 )	/	4404.654	*	365
=	693.4235					/	4404.654	*	365
=	57.46

CSPC Pharmaceutical Group'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
=	( (0	+	821.997)	/	1 )	/	1062.3	*	365 / 4
=	821.997					/	1062.3	*	365 / 4
=	70.61

CSPC Pharmaceutical Group (OTCPK:CHJTF) Days Sales Outstanding Explanation

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

CSPC Pharmaceutical Group Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of CSPC Pharmaceutical Group's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

CSPC Pharmaceutical Group (CSPC Pharmaceutical Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » CSPC Pharmaceutical Group Ltd (OTCPK:CHJTF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CSPCY:USA 01093:Hong Kong CVG:Germany

Address

No. 226 Huanghe Street, Hebei Province, Shijiazhuang, CHN, 050035

Website

https://www.cspc.com.hk

CSPC Pharmaceutical Group listed on the Hong Kong Stock Exchange in 1994 and is one of the largest pharmaceutical companies in China. Its biggest business segment is the finished drugs segment which accounts for nearly 80% of its total revenue. Now it has a diversified pipeline portfolio in seven therapeutic areas including nervous system diseases, oncology, anti-infective to cardiovascular disease, respiratory system disease, and metabolism. CSPC also has a bulk drug product segment including vitamin C, antibiotics, and a caffeine series.

CSPC Pharmaceutical Group (CSPC Pharmaceutical Group) Headlines

From GuruFocus

Value Partners Classic Fund Comments on CSPC Pharmaceutical

By Vera Yuan Vera Yuan • 07-29-2014