Kangmei Pharmaceutical Co (SHSE:600518) Days Sales Outstanding : 158.52 (As of Mar. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Kangmei Pharmaceutical Co Days Sales Outstanding?

Kangmei Pharmaceutical Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥2,087 Mil. Kangmei Pharmaceutical Co's Revenue for the three months ended in Mar. 2024 was ¥1,201 Mil. Hence, Kangmei Pharmaceutical Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 158.52.

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

SHSE:600518' s Days Sales Outstanding Range Over the Past 10 Years
Min: 45.03 Med: 129.44 Max: 204.87
Current: 143.92

During the past 13 years, Kangmei Pharmaceutical Co's highest Days Sales Outstanding was 204.87. The lowest was 45.03. And the median was 129.44.

SHSE:600518's Days Sales Outstanding is ranked worse than
89.16% of 996 companies
in the Drug Manufacturers industry
Industry Median: 71.41 vs SHSE:600518: 143.92

Kangmei Pharmaceutical Co's Days Sales Outstanding increased from Mar. 2023 (154.83) to Mar. 2024 (158.52).

Kangmei Pharmaceutical Co Days Sales Outstanding Historical Data

The historical data trend for Kangmei Pharmaceutical 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.

Kangmei Pharmaceutical Co Days Sales Outstanding Chart

Kangmei Pharmaceutical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

148.67

204.87

165.34

145.02

149.55

Kangmei Pharmaceutical 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															154.83	137.18	143.18	131.78	158.52

Competitive Comparison of Kangmei Pharmaceutical Co's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, Kangmei Pharmaceutical 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.

Kangmei Pharmaceutical Co's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

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

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

Kangmei Pharmaceutical 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.

Kangmei Pharmaceutical 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
=	( (1964.955	+	2029.139)	/	2 )	/	4874.016	*	365
=	1997.047					/	4874.016	*	365
=	149.55

Kangmei Pharmaceutical 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
=	( (2029.139	+	2144.405)	/	2 )	/	1201.24	*	365 / 4
=	2086.772					/	1201.24	*	365 / 4
=	158.52

Kangmei Pharmaceutical Co (SHSE:600518) Days Sales Outstanding Explanation

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

Kangmei Pharmaceutical Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Kangmei Pharmaceutical Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Kangmei Pharmaceutical Co (SHSE:600518) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Kangmei Pharmaceutical Co Ltd (SHSE:600518) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 3, Taike Road, Xiameilin, Futian District, Shenzhen, CHN, 518000

Website

http://www.kangmei.com.cn

Kangmei Pharmaceutical Co Ltd is a pharmaceutical company engaged in the manufacturing, research and marketing of herbal medicine and chemical raw materials.

Executives

Xu Dong Jin	Director
Li Jian Hua	senior management
Qiu Xi Wei	Director
Wang Min	senior management
Peng Qin	senior management
Ma Xing Tian	Director
Lin Guo Xiong	senior management
Zhuang Yi Qing	senior management
Wen Shao Sheng	Supervisors

Kangmei Pharmaceutical Co (SHSE:600518) Headlines

No Headlines