Shandong Buchang Pharmaceuticals Co (SHSE:603858) Days Sales Outstanding : 45.94 (As of Mar. 2024)

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What is Shandong Buchang Pharmaceuticals Co Days Sales Outstanding?

Shandong Buchang Pharmaceuticals Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,329 Mil. Shandong Buchang Pharmaceuticals Co's Revenue for the three months ended in Mar. 2024 was ¥2,641 Mil. Hence, Shandong Buchang Pharmaceuticals Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 45.94.

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

SHSE:603858' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.4 Med: 34.56 Max: 43.09
Current: 40.04

During the past 13 years, Shandong Buchang Pharmaceuticals Co's highest Days Sales Outstanding was 43.09. The lowest was 28.40. And the median was 34.56.

SHSE:603858's Days Sales Outstanding is ranked better than
79.4% of 995 companies
in the Drug Manufacturers industry
Industry Median: 71.56 vs SHSE:603858: 40.04

Shandong Buchang Pharmaceuticals Co's Days Sales Outstanding increased from Mar. 2023 (39.61) to Mar. 2024 (45.94).

Shandong Buchang Pharmaceuticals Co Days Sales Outstanding Historical Data

The historical data trend for Shandong Buchang Pharmaceuticals 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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Shandong Buchang Pharmaceuticals Co Days Sales Outstanding Chart

Shandong Buchang Pharmaceuticals Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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36.80

28.40

32.58

37.73

43.09

Shandong Buchang Pharmaceuticals 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															39.61	38.07	39.73	39.46	45.94

Competitive Comparison of Shandong Buchang Pharmaceuticals Co's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, Shandong Buchang Pharmaceuticals 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.

Shandong Buchang Pharmaceuticals Co's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Shandong Buchang Pharmaceuticals Co's Days Sales Outstanding falls into.

Shandong Buchang Pharmaceuticals 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.

Shandong Buchang Pharmaceuticals 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
=	( (1559.821	+	1567.514)	/	2 )	/	13245.133	*	365
=	1563.6675					/	13245.133	*	365
=	43.09

Shandong Buchang Pharmaceuticals 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
=	( (1567.514	+	1091.253)	/	2 )	/	2640.557	*	365 / 4
=	1329.3835					/	2640.557	*	365 / 4
=	45.94

Shandong Buchang Pharmaceuticals Co (SHSE:603858) Days Sales Outstanding Explanation

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

Shandong Buchang Pharmaceuticals Co Days Sales Outstanding Related Terms

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Shandong Buchang Pharmaceuticals Co (SHSE:603858) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Shandong Buchang Pharmaceuticals Co Ltd (SHSE:603858) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 369, Zhonghua West Road, Shandong Province, Heze, CHN, 274000

Website

http://www.buchang.com

Shandong Buchang Pharmaceuticals Co Ltd is a pharmaceuticals company engaged in drug manufacturing. It specializes in the research and development, production and sale of Traditional Chinese patent medicines, supplemented by fields such as hi-tech industry and health industry. The company offers drugs for cardiac and cerebral vascular disease, diabetes, urinary and digestive disease, respiratory disease, gynecological disease and others. Geographically, the company holds its production bases in Shandong, Shaanxi, Hebei and Northeast China, with its marketing network spreading all over the major provinces of China.

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