Sipai Health Technology Co (HKSE:00314) Days Sales Outstanding : 26.13 (As of Dec. 2023)

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What is Sipai Health Technology Co Days Sales Outstanding?

Sipai Health Technology Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$356 Mil. Sipai Health Technology Co's Revenue for the six months ended in Dec. 2023 was HK$2,487 Mil. Hence, Sipai Health Technology Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 26.13.

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

HKSE:00314' s Days Sales Outstanding Range Over the Past 10 Years
Min: 17.99 Med: 19.31 Max: 23.36
Current: 23.36

During the past 3 years, Sipai Health Technology Co's highest Days Sales Outstanding was 23.36. The lowest was 17.99. And the median was 19.31.

HKSE:00314's Days Sales Outstanding is ranked better than
93.75% of 96 companies
in the Medical Distribution industry
Industry Median: 75.095 vs HKSE:00314: 23.36

Sipai Health Technology Co's Days Sales Outstanding increased from Dec. 2022 (20.29) to Dec. 2023 (26.13).

Sipai Health Technology Co Days Sales Outstanding Historical Data

The historical data trend for Sipai Health 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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Sipai Health Technology Co Days Sales Outstanding Chart

Sipai Health Technology Co Annual Data

Trend

Dec21

Dec22

Dec23

Days Sales Outstanding

17.99

19.31

23.16

Sipai Health Technology Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	-	17.29	20.29	20.96	26.13

Competitive Comparison of Sipai Health Technology Co's Days Sales Outstanding

For the Medical Distribution subindustry, Sipai Health 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.

Sipai Health Technology Co's Days Sales Outstanding Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Sipai Health Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Sipai Health Technology Co's Days Sales Outstanding falls into.

Sipai Health 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.

Sipai Health 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
=	( (277.146	+	377.046)	/	2 )	/	5154.003	*	365
=	327.096					/	5154.003	*	365
=	23.16

Sipai Health Technology 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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (335.283	+	377.046)	/	2 )	/	2487.418	*	365 / 2
=	356.1645					/	2487.418	*	365 / 2
=	26.13

Sipai Health Technology Co (HKSE:00314) Days Sales Outstanding Explanation

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

Sipai Health Technology Co Days Sales Outstanding Related Terms

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Sipai Health Technology Co (HKSE:00314) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Sipai Health Technology Co Ltd (HKSE:00314) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

AX1:Germany

Address

No. 1888, Caoyang Road, 7/F, Building 3, Xingguangyao Plaza, Putuo District, Shanghai, CHN

Website

https://www.medbankshealthtech.com

Sipai Health Technology Co Ltd is a medical technology and health management company in China. It has three reportable operating segments: Specialty Pharmacy Business - operation and distribution of specialty pharmacy stores and pharmaceutical products; Physician Research Assistance Business - offering pharmaceutical companies and other clinical trial institutions site management organization services; Health Insurance Services Business - rendering insurance brokerage services to insurance companies. The company generates key revenue from Specialty Pharmacy Business. Almost all of the company's revenues were derived from operations in the PRC.

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