Hangzhou Biotest Biotech Co (SHSE:688767) Days Sales Outstanding : 41.19 (As of Mar. 2024)

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What is Hangzhou Biotest Biotech Co Days Sales Outstanding?

Hangzhou Biotest Biotech Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥61.2 Mil. Hangzhou Biotest Biotech Co's Revenue for the three months ended in Mar. 2024 was ¥135.6 Mil. Hence, Hangzhou Biotest Biotech Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 41.19.

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

SHSE:688767' s Days Sales Outstanding Range Over the Past 10 Years
Min: 17.83 Med: 41.57 Max: 65.77
Current: 45.79

During the past 7 years, Hangzhou Biotest Biotech Co's highest Days Sales Outstanding was 65.77. The lowest was 17.83. And the median was 41.57.

SHSE:688767's Days Sales Outstanding is ranked better than
72.67% of 878 companies
in the Biotechnology industry
Industry Median: 72.84 vs SHSE:688767: 45.79

Hangzhou Biotest Biotech Co's Days Sales Outstanding increased from Mar. 2023 (40.21) to Mar. 2024 (41.19).

Hangzhou Biotest Biotech Co Days Sales Outstanding Historical Data

The historical data trend for Hangzhou Biotest Biotech 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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Hangzhou Biotest Biotech Co Days Sales Outstanding Chart

Hangzhou Biotest Biotech Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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60.61

28.79

24.41

17.83

41.57

Hangzhou Biotest Biotech Co Quarterly Data
	Dec17	Dec18	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															40.21	44.89	55.73	45.72	41.19

Competitive Comparison of Hangzhou Biotest Biotech Co's Days Sales Outstanding

For the Biotechnology subindustry, Hangzhou Biotest Biotech 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.

Hangzhou Biotest Biotech Co's Days Sales Outstanding Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Hangzhou Biotest Biotech Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hangzhou Biotest Biotech Co's Days Sales Outstanding falls into.

Hangzhou Biotest Biotech 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.

Hangzhou Biotest Biotech 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
=	( (38.823	+	61.889)	/	2 )	/	442.11	*	365
=	50.356					/	442.11	*	365
=	41.57

Hangzhou Biotest Biotech 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
=	( (61.889	+	60.566)	/	2 )	/	135.627	*	365 / 4
=	61.2275					/	135.627	*	365 / 4
=	41.19

Hangzhou Biotest Biotech Co (SHSE:688767) Days Sales Outstanding Explanation

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

Hangzhou Biotest Biotech Co Days Sales Outstanding Related Terms

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Hangzhou Biotest Biotech Co (SHSE:688767) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Hangzhou Biotest Biotech Co Ltd (SHSE:688767) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 17, Futai Road, Zhongtai Street, Yuhang District, Zhejiang Province, Hangzhou, CHN, 311121

Website

http://www.biotests.com.cn

Hangzhou Biotest Biotech Co Ltd is engaged in the research and development, manufacturing, sales and service of in vitro diagnostic reagents, raw materials and instruments.

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