Cachet Pharmaceutical Co (SZSE:002462) Days Sales Outstanding : 100.31 (As of Mar. 2024)

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What is Cachet Pharmaceutical Co Days Sales Outstanding?

Cachet Pharmaceutical Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥8,182 Mil. Cachet Pharmaceutical Co's Revenue for the three months ended in Mar. 2024 was ¥7,443 Mil. Hence, Cachet Pharmaceutical Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 100.31.

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

SZSE:002462' s Days Sales Outstanding Range Over the Past 10 Years
Min: 101.46 Med: 114.8 Max: 121.73
Current: 101.46

During the past 13 years, Cachet Pharmaceutical Co's highest Days Sales Outstanding was 121.73. The lowest was 101.46. And the median was 114.80.

SZSE:002462's Days Sales Outstanding is ranked worse than
85.63% of 647 companies
in the Healthcare Providers & Services industry
Industry Median: 47.16 vs SZSE:002462: 101.46

Cachet Pharmaceutical Co's Days Sales Outstanding declined from Mar. 2023 (114.74) to Mar. 2024 (100.31).

Cachet Pharmaceutical Co Days Sales Outstanding Historical Data

The historical data trend for Cachet 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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Cachet Pharmaceutical Co Days Sales Outstanding Chart

Cachet Pharmaceutical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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108.29

114.46

109.93

113.73

103.27

Cachet 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															114.74	97.47	117.84	96.46	100.31

Competitive Comparison of Cachet Pharmaceutical Co's Days Sales Outstanding

For the Pharmaceutical Retailers subindustry, Cachet 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.

Cachet Pharmaceutical Co's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Cachet Pharmaceutical Co's Days Sales Outstanding distribution charts can be found below:

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

Cachet 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.

Cachet 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
=	( (8552.555	+	8421.185)	/	2 )	/	29996.24	*	365
=	8486.87					/	29996.24	*	365
=	103.27

Cachet 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
=	( (8421.185	+	7942.073)	/	2 )	/	7442.98	*	365 / 4
=	8181.629					/	7442.98	*	365 / 4
=	100.31

Cachet Pharmaceutical Co (SZSE:002462) Days Sales Outstanding Explanation

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

Cachet Pharmaceutical Co Days Sales Outstanding Related Terms

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Cachet Pharmaceutical Co (SZSE:002462) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Cachet Pharmaceutical Co Ltd (SZSE:002462) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Building 1, No. 11 Kun Ming Hu South Road, Haidian District, Beijing, CHN, 100195

Website

http://www.cachet.com.cn

Cachet Pharmaceutical Co Ltd is a state-owned stock company. Its main business includes: Medicine supply to hospitals, wholesaling of biological products, medical instruments, and traditional Chinese medicines. The Company also involved in pharmaceutical logistics and retail pharmacy chain.

Executives

Xu Shuai	Director
Shen Fang	Executives
Bo Shi Jun	Executives
Feng Ze Ju	Executives
Xue Cui Ping	Executives
Wang Ying	Executives
Gao Ning	Supervisors
Wang Xin Xia	Directors, executives
Weng Xian Ding	Supervisors
Li Tie Jun	Executives

Cachet Pharmaceutical Co (SZSE:002462) Headlines

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