Hangzhou Tigermed Consulting Co (SZSE:300347) Days Sales Outstanding : 64.13 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Hangzhou Tigermed Consulting Co Days Sales Outstanding?

Hangzhou Tigermed Consulting Co's average Accounts Receivable for the three months ended in Dec. 2023 was ¥1,218 Mil. Hangzhou Tigermed Consulting Co's Revenue for the three months ended in Dec. 2023 was ¥1,734 Mil. Hence, Hangzhou Tigermed Consulting Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 64.13.

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

SZSE:300347' s Days Sales Outstanding Range Over the Past 10 Years
Min: 45.51 Med: 92.96 Max: 130.25
Current: 56.78

During the past 13 years, Hangzhou Tigermed Consulting Co's highest Days Sales Outstanding was 130.25. The lowest was 45.51. And the median was 92.96.

SZSE:300347's Days Sales Outstanding is ranked better than
68.89% of 225 companies
in the Medical Diagnostics & Research industry
Industry Median: 69.24 vs SZSE:300347: 56.78

Hangzhou Tigermed Consulting Co's Days Sales Outstanding increased from Dec. 2022 (52.00) to Dec. 2023 (64.13).

Hangzhou Tigermed Consulting Co Days Sales Outstanding Historical Data

The historical data trend for Hangzhou Tigermed Consulting 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.

Hangzhou Tigermed Consulting Co Days Sales Outstanding Chart

Hangzhou Tigermed Consulting Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

75.59

51.06

45.51

47.31

56.56

Hangzhou Tigermed Consulting 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															52.00	53.22	54.55	55.93	64.13

Competitive Comparison of Hangzhou Tigermed Consulting Co's Days Sales Outstanding

For the Diagnostics & Research subindustry, Hangzhou Tigermed Consulting 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.

Hangzhou Tigermed Consulting Co's Days Sales Outstanding Distribution in the Medical Diagnostics & Research Industry

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

* The bar in red indicates where Hangzhou Tigermed Consulting Co's Days Sales Outstanding falls into.

Hangzhou Tigermed Consulting 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.

Hangzhou Tigermed Consulting 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
=	( (1027.789	+	1260.7)	/	2 )	/	7384.039	*	365
=	1144.2445					/	7384.039	*	365
=	56.56

Hangzhou Tigermed Consulting 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
=	( (1176.009	+	1260.7)	/	2 )	/	1733.562	*	365 / 4
=	1218.3545					/	1733.562	*	365 / 4
=	64.13

Hangzhou Tigermed Consulting Co (SZSE:300347) Days Sales Outstanding Explanation

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

Hangzhou Tigermed Consulting Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Hangzhou Tigermed Consulting Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Hangzhou Tigermed Consulting Co (SZSE:300347) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Hangzhou Tigermed Consulting Co Ltd (SZSE:300347) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

HNGZY:USA 03347:Hong Kong

Address

Block 8, No. 19 Jugong Road, Room 2001-2010, 20th Floor, Xixing Sub-District, Binjiang District, Hangzhou, CHN, 310053

Website

https://www.tigermed.net

Hangzhou Tigermed Consulting Co Ltd is a China-based Contract Research Organization. The company's segment includes Clinical trial solutions and Clinical-related and laboratory services. It generates maximum revenue from the Clinical trial solutions segment. The company's offered services include bioanalytical, medical writing, biostatistics analysis, and medical imaging. The therapeutic areas of the company include Infections, Hematology, Cardiovascular, Endocrinology, Rheumatology, Nephrology, and Central Nervous System (CNS) among others.

Hangzhou Tigermed Consulting Co (SZSE:300347) Headlines

No Headlines