China Tian Yuan Healthcare Group (HKSE:00557) Days Sales Outstanding : 280.52 (As of Dec. 2023)

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What is China Tian Yuan Healthcare Group Days Sales Outstanding?

China Tian Yuan Healthcare Group's average Accounts Receivable for the six months ended in Dec. 2023 was HK$32.99 Mil. China Tian Yuan Healthcare Group's Revenue for the six months ended in Dec. 2023 was HK$21.46 Mil. Hence, China Tian Yuan Healthcare Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 280.52.

The historical rank and industry rank for China Tian Yuan Healthcare Group's Days Sales Outstanding or its related term are showing as below:

HKSE:00557' s Days Sales Outstanding Range Over the Past 10 Years
Min: 61.39 Med: 123.98 Max: 354.02
Current: 294.57

During the past 13 years, China Tian Yuan Healthcare Group's highest Days Sales Outstanding was 354.02. The lowest was 61.39. And the median was 123.98.

HKSE:00557's Days Sales Outstanding is ranked worse than
96.95% of 656 companies
in the Healthcare Providers & Services industry
Industry Median: 46.695 vs HKSE:00557: 294.57

China Tian Yuan Healthcare Group's Days Sales Outstanding increased from Dec. 2022 (158.12) to Dec. 2023 (280.52).

Warning Sign:

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

China Tian Yuan Healthcare Group Days Sales Outstanding Historical Data

The historical data trend for China Tian Yuan Healthcare 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.

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China Tian Yuan Healthcare Group Days Sales Outstanding Chart

China Tian Yuan Healthcare Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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354.02

271.86

78.73

161.94

179.39

China Tian Yuan Healthcare Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															200.28	158.12	251.26	280.52	276.25

Competitive Comparison of China Tian Yuan Healthcare Group's Days Sales Outstanding

For the Medical Care Facilities subindustry, China Tian Yuan Healthcare 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.

China Tian Yuan Healthcare Group's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where China Tian Yuan Healthcare Group's Days Sales Outstanding falls into.

China Tian Yuan Healthcare 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.

China Tian Yuan Healthcare 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
=	( (21.963	+	22.495)	/	2 )	/	45.23	*	365
=	22.229					/	45.23	*	365
=	179.39

China Tian Yuan Healthcare 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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (43.483	+	22.495)	/	2 )	/	21.462	*	365 / 2
=	32.989					/	21.462	*	365 / 2
=	280.52

China Tian Yuan Healthcare Group (HKSE:00557) 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 Tian Yuan Healthcare Group Days Sales Outstanding Related Terms

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China Tian Yuan Healthcare Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » China Tian Yuan Healthcare Group Ltd (HKSE:00557) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Harbour Road, Room Nos. 4901, 49th Floor, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG

Website

http://www.tianyuanhealthcare.com

China Tian Yuan Healthcare Group Ltd is an investment holding company with an interest primarily in the hospitality sector. Its segment includes Investment holding, Hospitality, Healthcare, Money lending and related business. The investment Holding segment invests in listed equity investments and unlisted marketable equitable equity mutual funds. The hospitality segment offers procurement services to the hospitality industry. The Healthcare segment provides procurement, marketing, and management services to the medical industry. The Money Lending and Related Business segment comprise referral and handling fees receivable, interests earned from the provision related business of loans to third parties. Geographically, it generates a majority of its revenue from the China.

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