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Shenzhen New Industries Biomedical Engineering Co (SZSE:300832) Days Sales Outstanding : 65.48 (As of Sep. 2024)


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What is Shenzhen New Industries Biomedical Engineering Co Days Sales Outstanding?

Shenzhen New Industries Biomedical Engineering Co's average Accounts Receivable for the three months ended in Sep. 2024 was ¥864 Mil. Shenzhen New Industries Biomedical Engineering Co's Revenue for the three months ended in Sep. 2024 was ¥1,203 Mil. Hence, Shenzhen New Industries Biomedical Engineering Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 65.48.

The historical rank and industry rank for Shenzhen New Industries Biomedical Engineering Co's Days Sales Outstanding or its related term are showing as below:

SZSE:300832' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.43   Med: 51.25   Max: 61.28
Current: 61.24

During the past 12 years, Shenzhen New Industries Biomedical Engineering Co's highest Days Sales Outstanding was 61.28. The lowest was 35.43. And the median was 51.25.

SZSE:300832's Days Sales Outstanding is ranked better than
55.72% of 813 companies
in the Medical Devices & Instruments industry
Industry Median: 65.94 vs SZSE:300832: 61.24

Shenzhen New Industries Biomedical Engineering Co's Days Sales Outstanding increased from Sep. 2023 (56.70) to Sep. 2024 (65.48).


Shenzhen New Industries Biomedical Engineering Co Days Sales Outstanding Historical Data

The historical data trend for Shenzhen New Industries Biomedical Engineering 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.

* Premium members only.

Shenzhen New Industries Biomedical Engineering Co Days Sales Outstanding Chart

Shenzhen New Industries Biomedical Engineering Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.56 36.92 35.43 44.97 50.86

Shenzhen New Industries Biomedical Engineering Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 56.70 56.77 60.03 59.56 65.48

Competitive Comparison of Shenzhen New Industries Biomedical Engineering Co's Days Sales Outstanding

For the Medical Devices subindustry, Shenzhen New Industries Biomedical Engineering 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 New Industries Biomedical Engineering Co's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shenzhen New Industries Biomedical Engineering Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shenzhen New Industries Biomedical Engineering Co's Days Sales Outstanding falls into.


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Shenzhen New Industries Biomedical Engineering 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 New Industries Biomedical Engineering 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
=( (474.694 + 620.483) / 2 ) / 3929.656*365
=547.5885 / 3929.656*365
=50.86

Shenzhen New Industries Biomedical Engineering Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding (Q: Sep. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Sep. 2024 )) / count ) / Revenue (A: Sep. 2024 )*Days in Period
=( (829.438 + 897.602) / 2 ) / 1203.339*365 / 4
=863.52 / 1203.339*365 / 4
=65.48

* 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.


Shenzhen New Industries Biomedical Engineering Co  (SZSE:300832) 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 New Industries Biomedical Engineering Co Days Sales Outstanding Related Terms

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Shenzhen New Industries Biomedical Engineering Co Business Description

Traded in Other Exchanges
N/A
Address
No. 23, Jinxiu East Road, Kengzi Street, 21st Floor, New Industrial Bio Building, Jinsha Community, Pingshan District, Guangdong Province, Shenzhen, CHN, 518118
Shenzhen New Industries Biomedical Engineering Co Ltd is researching, developing, producing and selling a series of fully automatic chemiluminescence immunoassay instruments and supporting reagents.
Executives
Rao Jie Director
Liu Hai Yan Executives
Ma Jie Supervisors
Ding Chen Liu Executives
Zhang Xiao Hong Executives
Zhang Lei Directors, executives
Li Ting Hua Executives
Song Hong Tao Supervisors
Liu Peng Director
Jiang Li Li Supervisors

Shenzhen New Industries Biomedical Engineering Co Headlines

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