Beijing Tongrentang Co (SHSE:600085) Days Sales Outstanding : 23.83 (As of Mar. 2024)

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What is Beijing Tongrentang Co Days Sales Outstanding?

Beijing Tongrentang Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,376 Mil. Beijing Tongrentang Co's Revenue for the three months ended in Mar. 2024 was ¥5,267 Mil. Hence, Beijing Tongrentang Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 23.83.

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

SHSE:600085' s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.65 Med: 27.2 Max: 33.43
Current: 29.97

During the past 13 years, Beijing Tongrentang Co's highest Days Sales Outstanding was 33.43. The lowest was 20.65. And the median was 27.20.

SHSE:600085's Days Sales Outstanding is ranked better than
88.19% of 999 companies
in the Drug Manufacturers industry
Industry Median: 72.08 vs SHSE:600085: 29.97

Beijing Tongrentang Co's Days Sales Outstanding declined from Mar. 2023 (25.98) to Mar. 2024 (23.83).

Beijing Tongrentang Co Days Sales Outstanding Historical Data

The historical data trend for Beijing Tongrentang 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.

Beijing Tongrentang Co Days Sales Outstanding Chart

Beijing Tongrentang Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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33.04

33.43

26.81

27.37

24.08

Beijing Tongrentang Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															25.98	29.63	34.62	29.65	23.83

Competitive Comparison of Beijing Tongrentang Co's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, Beijing Tongrentang 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.

Beijing Tongrentang Co's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Beijing Tongrentang Co's Days Sales Outstanding distribution charts can be found below:

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

Beijing Tongrentang 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.

Beijing Tongrentang 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
=	( (1301.148	+	1055.56)	/	2 )	/	17860.891	*	365
=	1178.354					/	17860.891	*	365
=	24.08

Beijing Tongrentang Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (1055.56	+	1695.623)	/	2 )	/	5267.289	*	365 / 4
=	1375.5915					/	5267.289	*	365 / 4
=	23.83

Beijing Tongrentang Co (SHSE:600085) Days Sales Outstanding Explanation

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

Beijing Tongrentang Co Days Sales Outstanding Related Terms

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Beijing Tongrentang Co (SHSE:600085) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Beijing Tongrentang Co Ltd (SHSE:600085) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 52 Dong Xing Long Street, Chongwen District, Beijing, Beijing, CHN, 100062

Website

http://www.tongrentang.com

Beijing Tongrentang Co Ltd is a China-based company operating in the traditional Chinese medicinal industry. The company produces modern pharmaceuticals and operates retail businesses and medical services. Its products are Children Qingfei oral liquid, Rana oil granules, Ejiao, and others.

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