Shanghai Runda Medical Technology Co (SHSE:603108) Days Sales Outstanding : 247.42 (As of Mar. 2024)

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What is Shanghai Runda Medical Technology Co Days Sales Outstanding?

Shanghai Runda Medical Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥5,619 Mil. Shanghai Runda Medical Technology Co's Revenue for the three months ended in Mar. 2024 was ¥2,072 Mil. Hence, Shanghai Runda Medical Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 247.42.

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

SHSE:603108' s Days Sales Outstanding Range Over the Past 10 Years
Min: 88.94 Med: 134.48 Max: 234.38
Current: 234.38

During the past 13 years, Shanghai Runda Medical Technology Co's highest Days Sales Outstanding was 234.38. The lowest was 88.94. And the median was 134.48.

SHSE:603108's Days Sales Outstanding is ranked worse than
86.36% of 220 companies
in the Medical Diagnostics & Research industry
Industry Median: 69.345 vs SHSE:603108: 234.38

Shanghai Runda Medical Technology Co's Days Sales Outstanding declined from Mar. 2023 (247.60) to Mar. 2024 (247.42).

Shanghai Runda Medical Technology Co Days Sales Outstanding Historical Data

The historical data trend for Shanghai Runda Medical Technology 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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Shanghai Runda Medical Technology Co Days Sales Outstanding Chart

Shanghai Runda Medical Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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136.13

149.61

138.42

167.50

228.65

Shanghai Runda Medical Technology 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															247.60	231.29	229.02	231.50	247.42

Competitive Comparison of Shanghai Runda Medical Technology Co's Days Sales Outstanding

For the Diagnostics & Research subindustry, Shanghai Runda Medical Technology 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 Runda Medical Technology Co's Days Sales Outstanding Distribution in the Medical Diagnostics & Research Industry

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

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

Shanghai Runda Medical Technology 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 Runda Medical Technology 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
=	( (5920.812	+	5539.609)	/	2 )	/	9147.373	*	365
=	5730.2105					/	9147.373	*	365
=	228.65

Shanghai Runda Medical Technology 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
=	( (5539.609	+	5699.357)	/	2 )	/	2072.478	*	365 / 4
=	5619.483					/	2072.478	*	365 / 4
=	247.42

Shanghai Runda Medical Technology Co (SHSE:603108) 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 Runda Medical Technology Co Days Sales Outstanding Related Terms

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Shanghai Runda Medical Technology Co (SHSE:603108) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Shanghai Runda Medical Technology Co Ltd (SHSE:603108) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Orient International Science & Technology Mansion, Room D-I, 15th Floor, 58 Xiangcheng Road, Pudong District, Shanghai, CHN, 200122

Website

http://www.rundamedical.com

Shanghai Runda Medical Technology Co Ltd is a medical laboratory integrated service provider based in East China. The company provides in-vitro diagnostic products and professional technical support to various medical laboratories.

Executives

Liu Hui	Directors, senior managers
Chen Zheng	Directors, senior managers
Lu Xiao Yan	senior management
Hu Zhen Ning	Director
Wei Ming	Supervisors
Tong Wen Bin	Director
Xu Jing Zhi	Director

Shanghai Runda Medical Technology Co (SHSE:603108) Headlines

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