China Healthwise Holdings (HKSE:00348) Days Sales Outstanding : 14.78 (As of Jun. 2024)

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What is China Healthwise Holdings Days Sales Outstanding?

China Healthwise Holdings's average Accounts Receivable for the six months ended in Jun. 2024 was HK$4.9 Mil. China Healthwise Holdings's Revenue for the six months ended in Jun. 2024 was HK$60.9 Mil. Hence, China Healthwise Holdings's Days Sales Outstanding for the six months ended in Jun. 2024 was 14.78.

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

HKSE:00348' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.34 Med: 35.32 Max: 63.14
Current: 14.03

During the past 13 years, China Healthwise Holdings's highest Days Sales Outstanding was 63.14. The lowest was 13.34. And the median was 35.32.

HKSE:00348's Days Sales Outstanding is ranked better than
87.56% of 651 companies
in the Healthcare Providers & Services industry
Industry Median: 46.83 vs HKSE:00348: 14.03

China Healthwise Holdings's Days Sales Outstanding increased from Jun. 2023 (11.87) to Jun. 2024 (14.78).

China Healthwise Holdings Days Sales Outstanding Historical Data

The historical data trend for China Healthwise Holdings'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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China Healthwise Holdings Days Sales Outstanding Chart

China Healthwise Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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45.01

63.14

13.34

14.75

14.13

China Healthwise Holdings Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															13.47	15.78	11.87	14.25	14.78

Competitive Comparison of China Healthwise Holdings's Days Sales Outstanding

For the Pharmaceutical Retailers subindustry, China Healthwise Holdings'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.

China Healthwise Holdings's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, China Healthwise Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where China Healthwise Holdings's Days Sales Outstanding falls into.

China Healthwise Holdings 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.

China Healthwise Holdings'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
=	( (5.804	+	5.521)	/	2 )	/	146.317	*	365
=	5.6625					/	146.317	*	365
=	14.13

China Healthwise Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (5.521	+	4.347)	/	2 )	/	60.932	*	365 / 2
=	4.934					/	60.932	*	365 / 2
=	14.78

China Healthwise Holdings (HKSE:00348) Days Sales Outstanding Explanation

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

China Healthwise Holdings Days Sales Outstanding Related Terms

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China Healthwise Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » China Healthwise Holdings Ltd (HKSE:00348) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

168-200 Connaught Road Central, Unit 1209, Shun Tak Centre, West Tower, Hong Kong, HKG

Website

http://www.healthwisehk.com

China Healthwise Holdings Ltd is an investment holding company. It operates in three segments: Chinese health products, Money lending business, and investment in financial instruments. The majority of its revenue comes from trading in Chinese health products, which include pharmaceutical products, ginseng, and dried seafood products. The company's geographical segments are Hong Kong and the PRC, of which key revenue is derived from Hong Kong.

Executives

Eternity Investment Limited	2201 Interest of corporation controlled by you
Heng Tai Consumables Group Limited	2201 Interest of corporation controlled by you
Heng Tai Finance Limited	2101 Beneficial owner
Lei Hong Wai	2101 Beneficial owner

China Healthwise Holdings Headlines

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