Beijing Balance Medical Technology Co (SHSE:688198) Days Sales Outstanding : 99.63 (As of Mar. 2024)

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What is Beijing Balance Medical Technology Co Days Sales Outstanding?

Beijing Balance Medical Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥83.3 Mil. Beijing Balance Medical Technology Co's Revenue for the three months ended in Mar. 2024 was ¥76.3 Mil. Hence, Beijing Balance Medical Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 99.63.

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

SHSE:688198' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.74 Med: 14.98 Max: 69.66
Current: 65.74

During the past 8 years, Beijing Balance Medical Technology Co's highest Days Sales Outstanding was 69.66. The lowest was 0.74. And the median was 14.98.

SHSE:688198's Days Sales Outstanding is ranked worse than
51.43% of 807 companies
in the Medical Devices & Instruments industry
Industry Median: 64.61 vs SHSE:688198: 65.74

Beijing Balance Medical Technology Co's Days Sales Outstanding increased from Mar. 2023 (76.25) to Mar. 2024 (99.63).

Beijing Balance Medical Technology Co Days Sales Outstanding Historical Data

The historical data trend for Beijing Balance Medical Technology 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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Beijing Balance Medical Technology Co Days Sales Outstanding Chart

Beijing Balance Medical Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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1.23

28.47

49.56

60.82

69.66

Beijing Balance Medical Technology 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															76.25	47.69	64.56	61.86	99.63

Competitive Comparison of Beijing Balance Medical Technology Co's Days Sales Outstanding

For the Medical Devices subindustry, Beijing Balance Medical Technology 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 Balance Medical Technology Co's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Beijing Balance Medical Technology Co's Days Sales Outstanding distribution charts can be found below:

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

Beijing Balance Medical Technology 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 Balance Medical Technology 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
=	( (57.982	+	83.489)	/	2 )	/	370.638	*	365
=	70.7355					/	370.638	*	365
=	69.66

Beijing Balance Medical Technology 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
=	( (83.489	+	83.051)	/	2 )	/	76.265	*	365 / 4
=	83.27					/	76.265	*	365 / 4
=	99.63

Beijing Balance Medical Technology Co (SHSE:688198) 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 Balance Medical Technology Co Days Sales Outstanding Related Terms

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Beijing Balance Medical Technology Co (SHSE:688198) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Beijing Balance Medical Technology Co Ltd (SHSE:688198) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Huachang Road, East District, Science Park, Changping District, Beijing, CHN, 102200

Website

http://www.bairenmedical.com

Beijing Balance Medical Technology Co Ltd is engaged in the research and development and production of animal-derived implantable medical devices. The company's products are used in heart valve replacement and repair, congenital heart disease implant intervention and surgical soft tissue repair.

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