Jinhai Medical Technology (HKSE:02225) Days Sales Outstanding : 38.19 (As of Dec. 2023)

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What is Jinhai Medical Technology Days Sales Outstanding?

Jinhai Medical Technology's average Accounts Receivable for the six months ended in Dec. 2023 was HK$41.3 Mil. Jinhai Medical Technology's Revenue for the six months ended in Dec. 2023 was HK$197.3 Mil. Hence, Jinhai Medical Technology's Days Sales Outstanding for the six months ended in Dec. 2023 was 38.19.

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

HKSE:02225' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.04 Med: 49.59 Max: 70.21
Current: 43.43

During the past 10 years, Jinhai Medical Technology's highest Days Sales Outstanding was 70.21. The lowest was 30.04. And the median was 49.59.

HKSE:02225's Days Sales Outstanding is ranked better than
71.98% of 1042 companies
in the Business Services industry
Industry Median: 58.475 vs HKSE:02225: 43.43

Jinhai Medical Technology's Days Sales Outstanding declined from Dec. 2022 (94.75) to Dec. 2023 (38.19).

Jinhai Medical Technology Days Sales Outstanding Historical Data

The historical data trend for Jinhai Medical Technology'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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Jinhai Medical Technology Days Sales Outstanding Chart

Jinhai Medical Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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48.94

70.21

31.56

30.04

30.80

Jinhai Medical Technology Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial												23.35	44.79	94.75	82.34	38.19

Competitive Comparison of Jinhai Medical Technology's Days Sales Outstanding

For the Staffing & Employment Services subindustry, Jinhai Medical Technology'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.

Jinhai Medical Technology's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Jinhai Medical Technology's Days Sales Outstanding distribution charts can be found below:

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

Jinhai Medical Technology 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.

Jinhai Medical Technology'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
=	( (12.74	+	32.427)	/	2 )	/	267.6	*	365
=	22.5835					/	267.6	*	365
=	30.80

Jinhai Medical Technology'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
=	( (50.174	+	32.427)	/	2 )	/	197.347	*	365 / 2
=	41.3005					/	197.347	*	365 / 2
=	38.19

Jinhai Medical Technology (HKSE:02225) Days Sales Outstanding Explanation

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

Jinhai Medical Technology Days Sales Outstanding Related Terms

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

Jinhai Medical Technology (HKSE:02225) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Jinhai Medical Technology Ltd (HKSE:02225) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

31 Sungei Kadut Avenue, Singapore, SGP, 729660

Website

https://www.jin-hai.com.hk

Jinhai International Group Holdings Ltd is a Singapore-based company engaged in the provision of manpower outsourcing and ancillary services to building and construction contractors in Singapore. It also provides dormitory services, IT services, and construction ancillary services including warehousing services, cleaning services, and building maintenance work in Singapore. It earns a vast majority of its revenues from the Manpower outsourcing and ancillary services segment.

Executives

Liu Lei	2101 Beneficial owner
Chen Guobao	2201 Interest of corporation controlled by you
Full Fortune International Co., Ltd.	2101 Beneficial owner
Jiang Xiahong	2202 Interest of your spouse

Jinhai Medical Technology (HKSE:02225) Headlines

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