Shanghai Haohai Biological Technology Co (FRA:5HB) Days Sales Outstanding : 46.50 (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Shanghai Haohai Biological Technology Co Days Sales Outstanding?

Shanghai Haohai Biological Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was €42.1 Mil. Shanghai Haohai Biological Technology Co's Revenue for the three months ended in Mar. 2024 was €82.5 Mil. Hence, Shanghai Haohai Biological Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 46.50.

The historical rank and industry rank for Shanghai Haohai Biological Technology Co's Days Sales Outstanding or its related term are showing as below:

FRA:5HB' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.76 Med: 71.86 Max: 95.37
Current: 50.18

During the past 10 years, Shanghai Haohai Biological Technology Co's highest Days Sales Outstanding was 95.37. The lowest was 42.76. And the median was 71.86.

FRA:5HB's Days Sales Outstanding is ranked better than
68.83% of 892 companies
in the Biotechnology industry
Industry Median: 72.245 vs FRA:5HB: 50.18

Shanghai Haohai Biological Technology Co's Days Sales Outstanding declined from Mar. 2023 (56.90) to Mar. 2024 (46.50).

Shanghai Haohai Biological Technology Co Days Sales Outstanding Historical Data

The historical data trend for Shanghai Haohai Biological Technology 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 Haohai Biological Technology Co Days Sales Outstanding Chart

Shanghai Haohai Biological Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

87.46

99.69

70.10

66.09

50.57

Shanghai Haohai Biological Technology Co Quarterly Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															56.90	57.18	54.88	49.19	46.50

Competitive Comparison of Shanghai Haohai Biological Technology Co's Days Sales Outstanding

For the Biotechnology subindustry, Shanghai Haohai Biological Technology 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 Haohai Biological Technology Co's Days Sales Outstanding Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Shanghai Haohai Biological Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shanghai Haohai Biological Technology Co's Days Sales Outstanding falls into.

Shanghai Haohai Biological Technology 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 Haohai Biological Technology 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
=	( (51.66	+	42.106)	/	2 )	/	338.396	*	365
=	46.883					/	338.396	*	365
=	50.57

Shanghai Haohai Biological Technology 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
=	( (42.106	+	41.999)	/	2 )	/	82.527	*	365 / 4
=	42.0525					/	82.527	*	365 / 4
=	46.50

Shanghai Haohai Biological Technology Co (FRA:5HB) 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 Haohai Biological Technology Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Shanghai Haohai Biological Technology Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Shanghai Haohai Biological Technology Co (FRA:5HB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Shanghai Haohai Biological Technology Co Ltd (FRA:5HB) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

06826:Hong Kong 688366:China

Address

No. 1386 Hongqiao Road, 23rd Floor, WenGuang Plaza, Changning District, Shanghai, CHN

Website

https://www.3healthcare.com

Shanghai Haohai Biological Technology Co Ltd is engaged in the manufacturing and sale of biologicals, medical hyaluronate, and ophthalmology products. It is also engaged in the research and development of biological engineering, pharmaceutical and ophthalmology products, and the provision of related services. Its products are categorized into four types comprising ophthalmology, medical aesthetics, orthopedics, and anti-adhesion. Geographically, it has operations in Mainland China which is the key revenue driver, the United States, the United Kingdom, and other countries.

Shanghai Haohai Biological Technology Co (FRA:5HB) Headlines

No Headlines