Concord Medical Co (ROCO:6518) Days Sales Outstanding : 104.13 (As of Jun. 2024)

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What is Concord Medical Co Days Sales Outstanding?

Concord Medical Co's average Accounts Receivable for the six months ended in Jun. 2024 was NT$247.2 Mil. Concord Medical Co's Revenue for the six months ended in Jun. 2024 was NT$433.3 Mil. Hence, Concord Medical Co's Days Sales Outstanding for the six months ended in Jun. 2024 was 104.13.

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

ROCO:6518' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.01 Med: 89.73 Max: 105.18
Current: 101.05

During the past 12 years, Concord Medical Co's highest Days Sales Outstanding was 105.18. The lowest was 47.01. And the median was 89.73.

ROCO:6518's Days Sales Outstanding is ranked worse than
78.84% of 813 companies
in the Medical Devices & Instruments industry
Industry Median: 65.03 vs ROCO:6518: 101.05

Concord Medical Co's Days Sales Outstanding increased from Jun. 2023 (102.58) to Jun. 2024 (104.13).

Concord Medical Co Days Sales Outstanding Historical Data

The historical data trend for Concord Medical 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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Concord Medical Co Days Sales Outstanding Chart

Concord Medical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

88.75

92.75

105.18

90.71

102.96

Concord Medical Co 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															87.58	91.16	102.58	97.92	104.13

Competitive Comparison of Concord Medical Co's Days Sales Outstanding

For the Medical Instruments & Supplies subindustry, Concord Medical 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.

Concord Medical Co's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

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

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

Concord Medical 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.

Concord Medical 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
=	( (231.202	+	238.858)	/	2 )	/	833.202	*	365
=	235.03					/	833.202	*	365
=	102.96

Concord Medical Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (238.858	+	255.633)	/	2 )	/	433.337	*	365 / 2
=	247.2455					/	433.337	*	365 / 2
=	104.13

Concord Medical Co (ROCO:6518) Days Sales Outstanding Explanation

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

Concord Medical Co Days Sales Outstanding Related Terms

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Concord Medical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Concord Medical Co Ltd (ROCO:6518) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 266, Wenhua Road, 12F, Sec.1, 12th Floor, Banqiao District, New Taipei City, Taipei, TWN, 22041

Website

http://www.concordmed.com.tw

Concord Medical Co Ltd is a Taiwan based company involved in providing hospital management support services including medical equipment leasing, pharmaceuticals, and medical consumables integrated supply. . The company's main business items are medical equipment, pharmaceuticals Product trading business, leasing business and management consulting services.

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