Kindstar Globalgene Technology (Kindstar Globalgene Technology) Days Sales Outstanding : 246.04 (As of Dec. 2023)

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What is Kindstar Globalgene Technology Days Sales Outstanding?

Kindstar Globalgene Technology's average Accounts Receivable for the six months ended in Dec. 2023 was $89.6 Mil. Kindstar Globalgene Technology's Revenue for the six months ended in Dec. 2023 was $66.5 Mil. Hence, Kindstar Globalgene Technology's Days Sales Outstanding for the six months ended in Dec. 2023 was 246.04.

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

KDGTF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 106.49 Med: 129.05 Max: 252.49
Current: 250.57

During the past 6 years, Kindstar Globalgene Technology's highest Days Sales Outstanding was 252.49. The lowest was 106.49. And the median was 129.05.

KDGTF's Days Sales Outstanding is ranked worse than
87.5% of 216 companies
in the Medical Diagnostics & Research industry
Industry Median: 69.695 vs KDGTF: 250.57

Kindstar Globalgene Technology's Days Sales Outstanding increased from Dec. 2022 (164.57) to Dec. 2023 (246.04).

Warning Sign:

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

Kindstar Globalgene Technology Days Sales Outstanding Historical Data

The historical data trend for Kindstar Globalgene 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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Kindstar Globalgene Technology Days Sales Outstanding Chart

Kindstar Globalgene Technology Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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106.39

119.34

138.80

145.91

252.91

Kindstar Globalgene Technology Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial					137.54	136.55	164.57	253.50	246.04

Competitive Comparison of Kindstar Globalgene Technology's Days Sales Outstanding

For the Diagnostics & Research subindustry, Kindstar Globalgene 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.

Kindstar Globalgene Technology's Days Sales Outstanding Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Kindstar Globalgene Technology's Days Sales Outstanding distribution charts can be found below:

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

Kindstar Globalgene 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.

Kindstar Globalgene 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
=	( (99.849	+	87.879)	/	2 )	/	135.467	*	365
=	93.864					/	135.467	*	365
=	252.91

Kindstar Globalgene 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
=	( (91.303	+	87.879)	/	2 )	/	66.455	*	365 / 2
=	89.591					/	66.455	*	365 / 2
=	246.04

Kindstar Globalgene Technology (OTCPK:KDGTF) Days Sales Outstanding Explanation

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

Kindstar Globalgene Technology Days Sales Outstanding Related Terms

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Kindstar Globalgene Technology (Kindstar Globalgene Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Kindstar Globalgene Technology Inc (OTCPK:KDGTF) » Definitions » Days Sales Outstanding

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09960:Hong Kong

Address

Biolake D2-1, 666 Gaoxin Road, East Lake High Tech Zone, Hubei Province, Wuhan, CHN

Website

https://www.kindstar.com.cn

Kindstar Globalgene Technology Inc is principally engaged in the provision of clinical testing services. It organizes the business into nine segments, including hematology testing, genetic disease and rare disease testing, infectious disease testing, oncology testing, neurology testing, maternity-related testing, COVID-19-related testing, routine testing, and Other segment provides Testing services for R&D projects and others and miscellaneous services.

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