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Double Medical Technology (SZSE:002901) Days Sales Outstanding : 42.33 (As of Mar. 2025)


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What is Double Medical Technology Days Sales Outstanding?

Double Medical Technology's average Accounts Receivable for the three months ended in Mar. 2025 was ¥255 Mil. Double Medical Technology's Revenue for the three months ended in Mar. 2025 was ¥550 Mil. Hence, Double Medical Technology's Days Sales Outstanding for the three months ended in Mar. 2025 was 42.33.

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

SZSE:002901' s Days Sales Outstanding Range Over the Past 10 Years
Min: 33.21   Med: 46.74   Max: 97.85
Current: 41.55

During the past 12 years, Double Medical Technology's highest Days Sales Outstanding was 97.85. The lowest was 33.21. And the median was 46.74.

SZSE:002901's Days Sales Outstanding is ranked better than
81.92% of 813 companies
in the Medical Devices & Instruments industry
Industry Median: 65.78 vs SZSE:002901: 41.55

Double Medical Technology's Days Sales Outstanding declined from Mar. 2024 (51.78) to Mar. 2025 (42.33).


Double Medical Technology Days Sales Outstanding Historical Data

The historical data trend for Double Medical Technology'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.

* Premium members only.

Double Medical Technology Days Sales Outstanding Chart

Double Medical Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.76 67.26 97.85 67.51 40.85

Double Medical Technology Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 51.78 43.34 43.00 37.68 42.33

Competitive Comparison of Double Medical Technology's Days Sales Outstanding

For the Medical Devices subindustry, Double Medical Technology'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.


Double Medical Technology's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

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

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


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Double Medical Technology 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.

Double Medical Technology's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

Days Sales Outstanding (A: Dec. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )*Days in Period
=( (242.41 + 235.579) / 2 ) / 2135.559*365
=238.9945 / 2135.559*365
=40.85

Double Medical Technology's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding (Q: Mar. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Mar. 2025 )) / count ) / Revenue (A: Mar. 2025 )*Days in Period
=( (235.579 + 274.96) / 2 ) / 550.336*365 / 4
=255.2695 / 550.336*365 / 4
=42.33

* 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.


Double Medical Technology  (SZSE:002901) Days Sales Outstanding Explanation

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


Double Medical Technology Days Sales Outstanding Related Terms

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Double Medical Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Hongdong Road, Haicang District, Fujian Province, Shanbian, Xiamen, CHN, 361027
Double Medical Technology Inc provides services and devices in the areas of orthopedics, wound management, neurosurgery, and general surgery. It offers product related to Trauma, Spinal and joint. The business activities are carried out through China.
Executives
Chen Dan He Executives
Han Shao Jian Executives
Ruan Dong Yang Executives
Luo Jiong Directors, executives
Hua Xian Nan Secretary Dong
Li Hui Independent director
Zhan Huan Huan Supervisors

Double Medical Technology Headlines

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