Xizang Weixinkang Pharmaceutical Co (SHSE:603676) Days Sales Outstanding : 47.87 (As of Sep. 2024)

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What is Xizang Weixinkang Pharmaceutical Co Days Sales Outstanding?

Xizang Weixinkang Pharmaceutical Co's average Accounts Receivable for the three months ended in Sep. 2024 was ¥189 Mil. Xizang Weixinkang Pharmaceutical Co's Revenue for the three months ended in Sep. 2024 was ¥361 Mil. Hence, Xizang Weixinkang Pharmaceutical Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 47.87.

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

SHSE:603676' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.69 Med: 60.43 Max: 122.05
Current: 59.45

During the past 11 years, Xizang Weixinkang Pharmaceutical Co's highest Days Sales Outstanding was 122.05. The lowest was 5.69. And the median was 60.43.

SHSE:603676's Days Sales Outstanding is ranked better than
62.82% of 971 companies
in the Drug Manufacturers industry
Industry Median: 71.73 vs SHSE:603676: 59.45

Xizang Weixinkang Pharmaceutical Co's Days Sales Outstanding declined from Sep. 2023 (78.88) to Sep. 2024 (47.87).

Xizang Weixinkang Pharmaceutical Co Days Sales Outstanding Historical Data

The historical data trend for Xizang Weixinkang 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.

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Xizang Weixinkang Pharmaceutical Co Days Sales Outstanding Chart

Xizang Weixinkang Pharmaceutical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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117.75

122.05

74.35

53.70

54.93

Xizang Weixinkang Pharmaceutical Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															78.88	77.06	54.72	56.69	47.87

Competitive Comparison of Xizang Weixinkang Pharmaceutical Co's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, Xizang Weixinkang 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.

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

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

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

Xizang Weixinkang 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.

Xizang Weixinkang 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
=	( (219.228	+	178.851)	/	2 )	/	1322.649	*	365
=	199.0395					/	1322.649	*	365
=	54.93

Xizang Weixinkang Pharmaceutical Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (189.532	+	189.326)	/	2 )	/	361.126	*	365 / 4
=	189.429					/	361.126	*	365 / 4
=	47.87

Xizang Weixinkang Pharmaceutical Co (SHSE:603676) Days Sales Outstanding Explanation

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

Xizang Weixinkang Pharmaceutical Co Days Sales Outstanding Related Terms

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Xizang Weixinkang Pharmaceutical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Xizang Weixinkang Pharmaceutical Co Ltd (SHSE:603676) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Yuanqu South Road, 3rd Floor, Building 4, Industrial Center, No. 5, Zone B, Lhasa Economic and Technological, Development Zone, Tibet Autonomous Region, Lhasa, CHN, 850000

Website

https://www.wxkpharma.com

Xizang Weixinkang Pharmaceutical Co Ltd is engaged in research & development, production and sales of chemical pharmaceutical preparations and their raw materials. It also produces and sells liver protection drugs and antibiotic products.

Executives

Weng Zi Zhong	senior management
Chen Shi Gong	Directors, senior managers
Zhou Xiao Bing	senior management
Liu Feng	Directors, senior managers
Yu Hai Bo	senior management
Zhang Hong	Directors, senior managers
Zheng Yan Xia	senior management
Wen Xiao Quan	Director

Xizang Weixinkang Pharmaceutical Co Headlines

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