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Qingsong Health Co (ROCO:6931) Days Sales Outstanding : 22.39 (As of Dec. 2023)


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What is Qingsong Health Co Days Sales Outstanding?

Qingsong Health Co's average Accounts Receivable for the six months ended in Dec. 2023 was NT$56.5 Mil. Qingsong Health Co's Revenue for the six months ended in Dec. 2023 was NT$460.8 Mil. Hence, Qingsong Health Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 22.39.

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

ROCO:6931' s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.69   Med: 45.43   Max: 70.65
Current: 21.4

During the past 5 years, Qingsong Health Co's highest Days Sales Outstanding was 70.65. The lowest was 20.69. And the median was 45.43.

ROCO:6931's Days Sales Outstanding is ranked better than
80.31% of 645 companies
in the Healthcare Providers & Services industry
Industry Median: 47.16 vs ROCO:6931: 21.40

Qingsong Health Co's Days Sales Outstanding declined from Dec. 2022 (23.62) to Dec. 2023 (22.39).

Qingsong Health Co Days Sales Outstanding Historical Data

The historical data trend for Qingsong Health 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.

* Premium members only.

Qingsong Health Co Days Sales Outstanding Chart

Qingsong Health Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
45.43 70.65 68.91 27.86 20.69

Qingsong Health Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial 50.23 39.43 23.62 21.03 22.39

Competitive Comparison of Qingsong Health Co's Days Sales Outstanding

For the Medical Care Facilities subindustry, Qingsong Health 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.

Qingsong Health Co's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Qingsong Health Co's Days Sales Outstanding distribution charts can be found below:

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


Qingsong Health 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.

Qingsong Health 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
=( (39.71 + 58.761) / 2 ) / 868.664*365
=49.2355 / 868.664*365
=20.69

Qingsong Health 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
=( (54.288 + 58.761) / 2 ) / 460.798*365 / 2
=56.5245 / 460.798*365 / 2
=22.39

* 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.

Qingsong Health Co  (ROCO:6931) Days Sales Outstanding Explanation

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

Qingsong Health Co Days Sales Outstanding Related Terms

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Qingsong Health Co (ROCO:6931) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Qingsong Health Co Ltd (ROCO:6931) » Definitions » Days Sales Outstanding
Comparable Companies
ROCO:4139 HCA SAU:4013 SZSE:300015 HKSE:06618 XTER:FRE BKK:BDMS XKLS:5225 BSP:RDOR3 XTER:FME UHS CHE NSE:APOLLOHOSP ASX:RHC DVA AGL ACHC BOM:543220 EHC BKK:BH
Traded in Other Exchanges
N/A
Address
No. 219, Section 3, Zhongtou West Road, Dali District, Taichung, TWN
Website
https://www.qingsong.com.tw
Qingsong Health Co Ltd is an elderly parental care organization. It provides a variety of care solutions from home to institutions to protect families, creates a livable living environment and provides warm care services, so that the elders can spend their old age with smiles and satisfaction in their silver-haired years.

Qingsong Health Co (ROCO:6931) Headlines

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