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Shanghai Labway Clinical Laboratory Co (SZSE:301060) Days Sales Outstanding : 205.38 (As of Jun. 2024)


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What is Shanghai Labway Clinical Laboratory Co Days Sales Outstanding?

Shanghai Labway Clinical Laboratory Co's average Accounts Receivable for the three months ended in Jun. 2024 was ¥1,017 Mil. Shanghai Labway Clinical Laboratory Co's Revenue for the three months ended in Jun. 2024 was ¥452 Mil. Hence, Shanghai Labway Clinical Laboratory Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 205.38.

The historical rank and industry rank for Shanghai Labway Clinical Laboratory Co's Days Sales Outstanding or its related term are showing as below:

SZSE:301060' s Days Sales Outstanding Range Over the Past 10 Years
Min: 101.36   Med: 132.6   Max: 352.48
Current: 256.27

During the past 9 years, Shanghai Labway Clinical Laboratory Co's highest Days Sales Outstanding was 352.48. The lowest was 101.36. And the median was 132.60.

SZSE:301060's Days Sales Outstanding is ranked worse than
90.65% of 214 companies
in the Medical Diagnostics & Research industry
Industry Median: 66.995 vs SZSE:301060: 256.27

Shanghai Labway Clinical Laboratory Co's Days Sales Outstanding declined from Jun. 2023 (388.01) to Jun. 2024 (205.38).


Shanghai Labway Clinical Laboratory Co Days Sales Outstanding Historical Data

The historical data trend for Shanghai Labway Clinical Laboratory 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.

Shanghai Labway Clinical Laboratory Co Days Sales Outstanding Chart

Shanghai Labway Clinical Laboratory Co Annual Data
Trend Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only 133.45 142.05 134.46 131.15 352.48

Shanghai Labway Clinical Laboratory Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 388.01 317.96 266.27 213.62 205.38

Competitive Comparison of Shanghai Labway Clinical Laboratory Co's Days Sales Outstanding

For the Diagnostics & Research subindustry, Shanghai Labway Clinical Laboratory 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.


Shanghai Labway Clinical Laboratory Co's Days Sales Outstanding Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Shanghai Labway Clinical Laboratory Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shanghai Labway Clinical Laboratory Co's Days Sales Outstanding falls into.



Shanghai Labway Clinical Laboratory 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.

Shanghai Labway Clinical Laboratory 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
=( (2223.443 + 1010.473) / 2 ) / 1674.369*365
=1616.958 / 1674.369*365
=352.48

Shanghai Labway Clinical Laboratory Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding (Q: Jun. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2024 ) + Accounts Receivable (A: Jun. 2024 )) / count ) / Revenue (A: Jun. 2024 )*Days in Period
=( (1032.983 + 1000.711) / 2 ) / 451.778*365 / 4
=1016.847 / 451.778*365 / 4
=205.38

* 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.


Shanghai Labway Clinical Laboratory Co  (SZSE:301060) Days Sales Outstanding Explanation

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


Shanghai Labway Clinical Laboratory Co Days Sales Outstanding Related Terms

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Shanghai Labway Clinical Laboratory Co Business Description

Traded in Other Exchanges
N/A
Address
Lane 268, Linxin Road, Floor 6, 7, 8, 9 of Building 1, Changning District, Shanghai, CHN, 200335
Labway Clinical Laboratory (Shanghai) Ltd provides comprehensive health management solutions relying on medical laboratory and pathological diagnosis services. It offers genetic testing, clinical microbiology testing, blood and pathology testing, cytopathological diagnosis and other services.
Executives
Sun Lin Jie Director

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