SBMFF (Sino Biopharmaceutical) Days Sales Outstanding : 63.54 (As of Jun. 2024)

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What is Sino Biopharmaceutical Days Sales Outstanding?

Sino Biopharmaceutical's average Accounts Receivable for the six months ended in Jun. 2024 was $762 Mil. Sino Biopharmaceutical's Revenue for the six months ended in Jun. 2024 was $2,188 Mil. Hence, Sino Biopharmaceutical's Days Sales Outstanding for the six months ended in Jun. 2024 was 63.54.

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

SBMFF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.3 Med: 45.25 Max: 67.6
Current: 67.6

During the past 13 years, Sino Biopharmaceutical's highest Days Sales Outstanding was 67.60. The lowest was 32.30. And the median was 45.25.

SBMFF's Days Sales Outstanding is ranked better than
54.29% of 851 companies
in the Biotechnology industry
Industry Median: 73.17 vs SBMFF: 67.60

Sino Biopharmaceutical's Days Sales Outstanding declined from Jun. 2023 (69.84) to Jun. 2024 (63.54).

Sino Biopharmaceutical Days Sales Outstanding Historical Data

The historical data trend for Sino Biopharmaceutical'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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Sino Biopharmaceutical Days Sales Outstanding Chart

Sino Biopharmaceutical Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Sales Outstanding

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32.20

37.13

51.24

52.87

55.76

Sino Biopharmaceutical Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Sales Outstanding	Get a 7-Day Free Trial															74.76	69.84	83.21	63.54	85.75

Competitive Comparison of Sino Biopharmaceutical's Days Sales Outstanding

For the Biotechnology subindustry, Sino Biopharmaceutical'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.

Sino Biopharmaceutical's Days Sales Outstanding Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Sino Biopharmaceutical's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Sino Biopharmaceutical's Days Sales Outstanding falls into.

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Sino Biopharmaceutical 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.

Sino Biopharmaceutical'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
=	( (533.9	+	529.035)	/	2 )	/	3669.282	*	365
=	531.4675					/	3669.282	*	365
=	52.87

Sino Biopharmaceutical'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
=	( (529.035	+	994.602)	/	2 )	/	2188.154	*	365 / 2
=	761.8185					/	2188.154	*	365 / 2
=	63.54

Sino Biopharmaceutical (OTCPK:SBMFF) Days Sales Outstanding Explanation

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

Sino Biopharmaceutical Days Sales Outstanding Related Terms

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Sino Biopharmaceutical Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Sino Biopharmaceutical Ltd (OTCPK:SBMFF) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

SBHMY:USA 01177:Hong Kong SMZ1:Germany

Address

1 Harbour Road, Unit 09, 41st Floor, Office Tower, Room 4109, Convention Plaza, Wanchai, Hong Kong, HKG

Website

https://www.sinobiopharm.com

Listed on the Hong Kong Stock Exchange in 2000, Sino Biopharmaceutical is one of the largest Chinese drugmakers. It started with generic drug manufacturing. Since 2018, Sino Biopharm has been actively pivoting into an innovative drugmaker after the Chinese government launched its volume-based procurement policy for the healthcare industry. As of 2024, 41.8% of the firm's total revenue comes from its innovative product category, which includes innovative drugs and biosimilar drugs. Sino Biopharm's biggest revenue segment is oncology medicines, accounting for 37.2% of total revenue, followed by hepatitis, surgery/analgesia, respiratory, and cardio-cerebral vascular therapeutic areas.