Wai Yuen Tong Medicine Holdings (HKSE:00897) Days Sales Outstanding : 18.09 (As of Sep. 2023)

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What is Wai Yuen Tong Medicine Holdings Days Sales Outstanding?

Wai Yuen Tong Medicine Holdings's average Accounts Receivable for the six months ended in Sep. 2023 was HK$67 Mil. Wai Yuen Tong Medicine Holdings's Revenue for the six months ended in Sep. 2023 was HK$679 Mil. Hence, Wai Yuen Tong Medicine Holdings's Days Sales Outstanding for the six months ended in Sep. 2023 was 18.09.

The historical rank and industry rank for Wai Yuen Tong Medicine Holdings's Days Sales Outstanding or its related term are showing as below:

HKSE:00897' s Days Sales Outstanding Range Over the Past 10 Years
Min: 15.3 Med: 48.57 Max: 76.21
Current: 16.85

During the past 13 years, Wai Yuen Tong Medicine Holdings's highest Days Sales Outstanding was 76.21. The lowest was 15.30. And the median was 48.57.

HKSE:00897's Days Sales Outstanding is ranked better than
93.78% of 996 companies
in the Drug Manufacturers industry
Industry Median: 71.41 vs HKSE:00897: 16.85

Wai Yuen Tong Medicine Holdings's Days Sales Outstanding increased from Sep. 2022 (17.61) to Sep. 2023 (18.09).

Wai Yuen Tong Medicine Holdings Days Sales Outstanding Historical Data

The historical data trend for Wai Yuen Tong Medicine Holdings'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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Wai Yuen Tong Medicine Holdings Days Sales Outstanding Chart

Wai Yuen Tong Medicine Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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50.95

48.40

19.85

15.30

18.64

Wai Yuen Tong Medicine Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															18.24	17.52	17.61	16.32	18.09

Competitive Comparison of Wai Yuen Tong Medicine Holdings's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, Wai Yuen Tong Medicine Holdings'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.

Wai Yuen Tong Medicine Holdings's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Wai Yuen Tong Medicine Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Wai Yuen Tong Medicine Holdings's Days Sales Outstanding falls into.

Wai Yuen Tong Medicine Holdings 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.

Wai Yuen Tong Medicine Holdings's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (63.346	+	68.028)	/	2 )	/	1286.428	*	365
=	65.687					/	1286.428	*	365
=	18.64

Wai Yuen Tong Medicine Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (68.028	+	66.566)	/	2 )	/	678.804	*	365 / 2
=	67.297					/	678.804	*	365 / 2
=	18.09

Wai Yuen Tong Medicine Holdings (HKSE:00897) Days Sales Outstanding Explanation

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

Wai Yuen Tong Medicine Holdings Days Sales Outstanding Related Terms

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Wai Yuen Tong Medicine Holdings (HKSE:00897) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Wai Yuen Tong Medicine Holdings Ltd (HKSE:00897) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

39 Wang Kwong Road, Suite 3101, 31st Floor, Skyline Tower, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

https://www.wyth.net

Wai Yuen Tong Medicine Holdings Ltd is an investment holding company. The company's operating segment includes production and sale of Chinese pharmaceutical and health food products; production and sale of Western pharmaceutical and health food products and property investment and management and sale of properties in the agricultural produce market. It generates maximum revenue from the production and sale of Chinese pharmaceutical and health food products which include manufacturing, processing, and sale of traditional Chinese medicine which includes Chinese medicinal products sold under the brand name Wai Yuen Tong. Geographically, it derives a majority of revenue from Mainland China.

Executives

Wang On Group Limited	2501 Other
Tang Ching Ho	2501 Other
Yau Yuk Yin	2202 Interest of your spouse

Wai Yuen Tong Medicine Holdings (HKSE:00897) Headlines

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