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Wuxi AppTec Co (SHSE:603259) Days Sales Outstanding : 65.51 (As of Dec. 2023)


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What is Wuxi AppTec Co Days Sales Outstanding?

Wuxi AppTec Co's average Accounts Receivable for the three months ended in Dec. 2023 was ¥7,754 Mil. Wuxi AppTec Co's Revenue for the three months ended in Dec. 2023 was ¥10,799 Mil. Hence, Wuxi AppTec Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 65.51.

The historical rank and industry rank for Wuxi AppTec Co's Days Sales Outstanding or its related term are showing as below:

SHSE:603259' s Days Sales Outstanding Range Over the Past 10 Years
Min: 49.12   Med: 67.96   Max: 92.57
Current: 64.98

During the past 10 years, Wuxi AppTec Co's highest Days Sales Outstanding was 92.57. The lowest was 49.12. And the median was 67.96.

SHSE:603259's Days Sales Outstanding is ranked better than
56.44% of 225 companies
in the Medical Diagnostics & Research industry
Industry Median: 69.32 vs SHSE:603259: 64.98

Wuxi AppTec Co's Days Sales Outstanding increased from Dec. 2022 (50.14) to Dec. 2023 (65.51).


Wuxi AppTec Co Days Sales Outstanding Historical Data

The historical data trend for Wuxi AppTec 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.

Wuxi AppTec Co Days Sales Outstanding Chart

Wuxi AppTec 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 69.91 72.86 66.01 49.12 62.77

Wuxi AppTec Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 50.14 64.12 66.45 65.89 65.51

Competitive Comparison of Wuxi AppTec Co's Days Sales Outstanding

For the Diagnostics & Research subindustry, Wuxi AppTec 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.


Wuxi AppTec Co's Days Sales Outstanding Distribution in the Medical Diagnostics & Research Industry

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

* The bar in red indicates where Wuxi AppTec Co's Days Sales Outstanding falls into.



Wuxi AppTec 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.

Wuxi AppTec 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
=( (5972.778 + 7901.38) / 2 ) / 40340.807*365
=6937.079 / 40340.807*365
=62.77

Wuxi AppTec Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding (Q: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (7605.627 + 7901.38) / 2 ) / 10799.481*365 / 4
=7753.5035 / 10799.481*365 / 4
=65.51

* 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.


Wuxi AppTec Co  (SHSE:603259) Days Sales Outstanding Explanation

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


Wuxi AppTec Co Days Sales Outstanding Related Terms

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Wuxi AppTec Co (SHSE:603259) Business Description

Traded in Other Exchanges
Address
288 Fute Zhong Road, Waigaoqiao Free Trade Zone, Shanghai, CHN, 200131
Wuxi AppTec Co Ltd provides a portfolio of research and manufacturing services through the discovery, development, and manufacturing spectrum for small-molecule drugs, cell therapies, and gene therapies as well as providing testing services for medical devices. Its segments comprise China-based laboratory services; U.S.-based laboratory services; Clinical research and other CRO services; CDMO services; and Others. The majority of revenue gets derived from China-based laboratory services that include small molecules discovery, such as synthetic chemistry, medicinal chemistry, analytical chemistry, biology, drug metabolism and pharmacokinetics (DMPK)/absorption, distribution, metabolism, and excretion (ADME), toxicology and bioanalytical services.

Wuxi AppTec Co (SHSE:603259) Headlines

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