Vincent Medical Holdings (HKSE:01612) Days Sales Outstanding : 86.66 (As of Dec. 2023)

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What is Vincent Medical Holdings Days Sales Outstanding?

Vincent Medical Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$169.4 Mil. Vincent Medical Holdings's Revenue for the six months ended in Dec. 2023 was HK$356.7 Mil. Hence, Vincent Medical Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 86.66.

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

HKSE:01612' s Days Sales Outstanding Range Over the Past 10 Years
Min: 43.32 Med: 77.96 Max: 94.7
Current: 84.4

During the past 11 years, Vincent Medical Holdings's highest Days Sales Outstanding was 94.70. The lowest was 43.32. And the median was 77.96.

HKSE:01612's Days Sales Outstanding is ranked worse than
68.9% of 807 companies
in the Medical Devices & Instruments industry
Industry Median: 64.88 vs HKSE:01612: 84.40

Vincent Medical Holdings's Days Sales Outstanding increased from Dec. 2022 (78.33) to Dec. 2023 (86.66).

Vincent Medical Holdings Days Sales Outstanding Historical Data

The historical data trend for Vincent Medical 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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Vincent Medical Holdings Days Sales Outstanding Chart

Vincent Medical Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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80.91

43.32

77.15

94.70

84.31

Vincent Medical Holdings Semi-Annual Data
	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															78.07	99.81	78.33	82.27	86.66

Competitive Comparison of Vincent Medical Holdings's Days Sales Outstanding

For the Medical Devices subindustry, Vincent Medical 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.

Vincent Medical Holdings's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Vincent Medical Holdings's Days Sales Outstanding distribution charts can be found below:

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

Vincent Medical 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.

Vincent Medical 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
=	( (159.304	+	172.394)	/	2 )	/	717.973	*	365
=	165.849					/	717.973	*	365
=	84.31

Vincent Medical Holdings'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
=	( (166.381	+	172.394)	/	2 )	/	356.738	*	365 / 2
=	169.3875					/	356.738	*	365 / 2
=	86.66

Vincent Medical Holdings (HKSE:01612) Days Sales Outstanding Explanation

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

Vincent Medical Holdings Days Sales Outstanding Related Terms

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Vincent Medical Holdings (HKSE:01612) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Vincent Medical Holdings Ltd (HKSE:01612) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Tak Fung Street, Units 1604-07A, 16th Floor, Two Harbourfront, Hung Hom, Kowloon, Hong Kong, HKG

Website

https://www.vincentmedical.com

Vincent Medical Holdings Ltd is an investment holding company engaged in the manufacturing and selling of medical devices. The company operates in two segments: OEM (original equipment manufacturing) and OBM (original brand manufacturing). The OEM segment manufactures products as per the customer requirement. The OBM segment includes research, development, manufacturing, marketing, and sales of medical devices under Inspired Medical, Hand of Hope, and Hypnus brands. Its product categories include Respiratory products, Imaging disposable products, Orthopaedic and rehabilitation products, and Others. Its geographical segments are United States, The PRC, Japan, Costa Rica, The Netherlands, Spain, Germany, Hong Kong, Turkey, Canada, India, Thailand, Vietnam and Others.

Executives

Choi Man Shing	2101 Beneficial owner
Liu Pui Ching	2202 Interest of your spouse
Vincent Raya International Limited

Vincent Medical Holdings (HKSE:01612) Headlines

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