Guanze Medical Information Industry (Holding) Co (HKSE:02427) Days Sales Outstanding : 290.14 (As of Dec. 2023)

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What is Guanze Medical Information Industry (Holding) Co Days Sales Outstanding?

Guanze Medical Information Industry (Holding) Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$142.0 Mil. Guanze Medical Information Industry (Holding) Co's Revenue for the six months ended in Dec. 2023 was HK$89.3 Mil. Hence, Guanze Medical Information Industry (Holding) Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 290.14.

The historical rank and industry rank for Guanze Medical Information Industry (Holding) Co's Days Sales Outstanding or its related term are showing as below:

HKSE:02427' s Days Sales Outstanding Range Over the Past 10 Years
Min: 160.51 Med: 189.51 Max: 317.66
Current: 317.66

During the past 5 years, Guanze Medical Information Industry (Holding) Co's highest Days Sales Outstanding was 317.66. The lowest was 160.51. And the median was 189.51.

HKSE:02427's Days Sales Outstanding is ranked worse than
92.2% of 218 companies
in the Medical Diagnostics & Research industry
Industry Median: 69.44 vs HKSE:02427: 317.66

Guanze Medical Information Industry (Holding) Co's Days Sales Outstanding declined from Dec. 2022 (371.96) to Dec. 2023 (290.14).

Guanze Medical Information Industry (Holding) Co Days Sales Outstanding Historical Data

The historical data trend for Guanze Medical Information Industry (Holding) 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.

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Guanze Medical Information Industry (Holding) Co Days Sales Outstanding Chart

Guanze Medical Information Industry (Holding) Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

181.09

160.51

189.51

291.16

307.77

Guanze Medical Information Industry (Holding) Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			219.74	275.82	371.96	358.21	290.14

Competitive Comparison of Guanze Medical Information Industry (Holding) Co's Days Sales Outstanding

For the Diagnostics & Research subindustry, Guanze Medical Information Industry (Holding) 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.

Guanze Medical Information Industry (Holding) Co's Days Sales Outstanding Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Guanze Medical Information Industry (Holding) Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Guanze Medical Information Industry (Holding) Co's Days Sales Outstanding falls into.

Guanze Medical Information Industry (Holding) 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.

Guanze Medical Information Industry (Holding) 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
=	( (161.701	+	126.187)	/	2 )	/	170.708	*	365
=	143.944					/	170.708	*	365
=	307.77

Guanze Medical Information Industry (Holding) Co'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
=	( (157.81	+	126.187)	/	2 )	/	89.317	*	365 / 2
=	141.9985					/	89.317	*	365 / 2
=	290.14

Guanze Medical Information Industry (Holding) Co (HKSE:02427) Days Sales Outstanding Explanation

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

Guanze Medical Information Industry (Holding) Co Days Sales Outstanding Related Terms

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Guanze Medical Information Industry (Holding) Co (HKSE:02427) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Guanze Medical Information Industry (Holding) Co Ltd (HKSE:02427) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2966 Chunhui Road, Room 501-A, Block 10 Strategic Emerging Industry Base, High-tech Zone, Shandong Province, Jinan, CHN

Website

https://www.guanzegroup.com

Guanze Medical Information Industry (Holding) Co Ltd is a medical imaging solutions provider, principally engaged in providing medical imaging film products and medical imaging cloud services in Shandong Province.

Executives

Meng A Capital Limited	2101 Beneficial owner
Meng Xianzhen	2201 Interest of corporation controlled by you
Yang Duanling	2202 Interest of your spouse

Guanze Medical Information Industry (Holding) Co (HKSE:02427) Headlines

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