Kingchem (Liaoning) Life Science Co (SZSE:301509) Days Sales Outstanding : 58.54 (As of Mar. 2024)

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What is Kingchem (Liaoning) Life Science Co Days Sales Outstanding?

Kingchem (Liaoning) Life Science Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥79.8 Mil. Kingchem (Liaoning) Life Science Co's Revenue for the three months ended in Mar. 2024 was ¥124.3 Mil. Hence, Kingchem (Liaoning) Life Science Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 58.54.

The historical rank and industry rank for Kingchem (Liaoning) Life Science Co's Days Sales Outstanding or its related term are showing as below:

SZSE:301509' s Days Sales Outstanding Range Over the Past 10 Years
Min: 37.2 Med: 52.94 Max: 63.9
Current: 51.63

During the past 6 years, Kingchem (Liaoning) Life Science Co's highest Days Sales Outstanding was 63.90. The lowest was 37.20. And the median was 52.94.

SZSE:301509's Days Sales Outstanding is ranked better than
69.41% of 997 companies
in the Drug Manufacturers industry
Industry Median: 71.44 vs SZSE:301509: 51.63

Kingchem (Liaoning) Life Science Co's Days Sales Outstanding increased from Mar. 2023 (36.65) to Mar. 2024 (58.54).

Kingchem (Liaoning) Life Science Co Days Sales Outstanding Historical Data

The historical data trend for Kingchem (Liaoning) Life Science 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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Kingchem (Liaoning) Life Science Co Days Sales Outstanding Chart

Kingchem (Liaoning) Life Science Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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52.57

53.60

53.30

37.20

37.77

Kingchem (Liaoning) Life Science Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial									36.65	53.40	60.06	42.36	58.54

Competitive Comparison of Kingchem (Liaoning) Life Science Co's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, Kingchem (Liaoning) Life Science 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.

Kingchem (Liaoning) Life Science Co's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Kingchem (Liaoning) Life Science Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Kingchem (Liaoning) Life Science Co's Days Sales Outstanding falls into.

Kingchem (Liaoning) Life Science 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.

Kingchem (Liaoning) Life Science 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
=	( (55.099	+	103.619)	/	2 )	/	766.824	*	365
=	79.359					/	766.824	*	365
=	37.77

Kingchem (Liaoning) Life Science 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
=	( (103.619	+	55.911)	/	2 )	/	124.333	*	365 / 4
=	79.765					/	124.333	*	365 / 4
=	58.54

Kingchem (Liaoning) Life Science Co (SZSE:301509) Days Sales Outstanding Explanation

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

Kingchem (Liaoning) Life Science Co Days Sales Outstanding Related Terms

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Kingchem (Liaoning) Life Science Co (SZSE:301509) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Kingchem (Liaoning) Life Science Co Ltd (SZSE:301509) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 6, Anren Road, Fluorine Chemical Industry Park, Yimatu Town, Fumeng, Liaoning, Fuxin, CHN, 123000

Website

https://www.kingchemchina.com

Kingchem (Liaoning) Life Science Co Ltd is engaged in Customized research & development and production services for small molecule drug intermediates and a small amount of raw materials. It is a key manufacturer of fluoro-organic compounds in China and is capable of using HF, KF, and highly selective fluorinating agents at a commercial scale.

Kingchem (Liaoning) Life Science Co (SZSE:301509) Headlines

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