Shenzhen Kangtai Biological Products Co (SZSE:300601) Days Sales Outstanding : 555.92 (As of Mar. 2024)

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What is Shenzhen Kangtai Biological Products Co Days Sales Outstanding?

Shenzhen Kangtai Biological Products Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥2,752 Mil. Shenzhen Kangtai Biological Products Co's Revenue for the three months ended in Mar. 2024 was ¥452 Mil. Hence, Shenzhen Kangtai Biological Products Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 555.92.

The historical rank and industry rank for Shenzhen Kangtai Biological Products Co's Days Sales Outstanding or its related term are showing as below:

SZSE:300601' s Days Sales Outstanding Range Over the Past 10 Years
Min: 118.94 Med: 154.54 Max: 307.32
Current: 307.32

During the past 12 years, Shenzhen Kangtai Biological Products Co's highest Days Sales Outstanding was 307.32. The lowest was 118.94. And the median was 154.54.

SZSE:300601's Days Sales Outstanding is ranked worse than
97.29% of 996 companies
in the Drug Manufacturers industry
Industry Median: 71.41 vs SZSE:300601: 307.32

Shenzhen Kangtai Biological Products Co's Days Sales Outstanding increased from Mar. 2023 (291.02) to Mar. 2024 (555.92).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Shenzhen Kangtai Biological Products Co Days Sales Outstanding Historical Data

The historical data trend for Shenzhen Kangtai Biological Products 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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Shenzhen Kangtai Biological Products Co Days Sales Outstanding Chart

Shenzhen Kangtai Biological Products Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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179.38

214.95

153.59

216.97

266.65

Shenzhen Kangtai Biological Products 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															291.02	243.14	336.13	245.04	555.92

Competitive Comparison of Shenzhen Kangtai Biological Products Co's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, Shenzhen Kangtai Biological Products 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.

Shenzhen Kangtai Biological Products Co's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Shenzhen Kangtai Biological Products Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shenzhen Kangtai Biological Products Co's Days Sales Outstanding falls into.

Shenzhen Kangtai Biological Products 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.

Shenzhen Kangtai Biological Products 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
=	( (2293.301	+	2787.608)	/	2 )	/	3477.439	*	365
=	2540.4545					/	3477.439	*	365
=	266.65

Shenzhen Kangtai Biological Products 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
=	( (2787.608	+	2715.699)	/	2 )	/	451.659	*	365 / 4
=	2751.6535					/	451.659	*	365 / 4
=	555.92

Shenzhen Kangtai Biological Products Co (SZSE:300601) Days Sales Outstanding Explanation

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

Shenzhen Kangtai Biological Products Co Days Sales Outstanding Related Terms

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Shenzhen Kangtai Biological Products Co (SZSE:300601) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Shenzhen Kangtai Biological Products Co Ltd (SZSE:300601) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 6 Kefa Road, Science and Technology Industrial Park, Nanshan District, Shenzhen, CHN, 518057

Website

http://www.biokangtai.com

Shenzhen Kangtai Biological Products Co Ltd is a human vaccine research and development company. The company is engaged in the research and development, production and sales of recombinant hepatitis B vaccine, b -type influenza Haemophilus conjugate vaccine, measles-rubella combined live attenuated vaccine, cell-free baibai broke b Haemophilus influenzae vaccine and other products.

Executives

Liu Jian Kai	Directors, executives
Tao Jin	Secretary Dong
Zheng Hai Fa	Directors, executives
Zhou Hui	Executives
Miao Xiang	Directors, executives
Wen Fei Dong	Director
Du Wei Min	Directors, executives
Lv Zhi Yun	Supervisors
Gan Jian Hui	Executives
Zhu Zheng Yu	Executives
Liu Qun	Executives
Li Tong	Executives
Yuan Li Ping	Director
Li Xiang Ming	Independent director

Shenzhen Kangtai Biological Products Co (SZSE:300601) Headlines

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