Acotec Scientific Holdings (HKSE:06669) Days Sales Outstanding : 102.86 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Acotec Scientific Holdings Days Sales Outstanding?

Acotec Scientific Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$142.3 Mil. Acotec Scientific Holdings's Revenue for the six months ended in Dec. 2023 was HK$252.4 Mil. Hence, Acotec Scientific Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 102.86.

The historical rank and industry rank for Acotec Scientific Holdings's Days Sales Outstanding or its related term are showing as below:

HKSE:06669' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.96 Med: 34.53 Max: 107.19
Current: 101.38

During the past 5 years, Acotec Scientific Holdings's highest Days Sales Outstanding was 107.19. The lowest was 12.96. And the median was 34.53.

HKSE:06669's Days Sales Outstanding is ranked worse than
78.34% of 808 companies
in the Medical Devices & Instruments industry
Industry Median: 65.27 vs HKSE:06669: 101.38

Acotec Scientific Holdings's Days Sales Outstanding increased from Dec. 2022 (82.86) to Dec. 2023 (102.86).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Acotec Scientific Holdings Days Sales Outstanding Historical Data

The historical data trend for Acotec Scientific 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.

* Premium members only.

Acotec Scientific Holdings Days Sales Outstanding Chart

Acotec Scientific Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

12.96

16.82

34.53

83.23

107.19

Acotec Scientific Holdings Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial				47.41	57.79	82.86	94.30	102.86

Competitive Comparison of Acotec Scientific Holdings's Days Sales Outstanding

For the Medical Devices subindustry, Acotec Scientific 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.

Acotec Scientific Holdings's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Acotec Scientific Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Acotec Scientific Holdings's Days Sales Outstanding falls into.

Acotec Scientific 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.

Acotec Scientific Holdings'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
=	( (147.305	+	157.114)	/	2 )	/	518.285	*	365
=	152.2095					/	518.285	*	365
=	107.19

Acotec Scientific Holdings'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
=	( (127.433	+	157.114)	/	2 )	/	252.428	*	365 / 2
=	142.2735					/	252.428	*	365 / 2
=	102.86

Acotec Scientific Holdings (HKSE:06669) Days Sales Outstanding Explanation

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

Acotec Scientific Holdings Days Sales Outstanding Related Terms

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

Acotec Scientific Holdings (HKSE:06669) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Acotec Scientific Holdings Ltd (HKSE:06669) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

7W3:Germany

Address

16 North Hongda Road, 4-5th Floor, Building No. 1, Beijing Economic-Technological Development Area, Beijing, CHN

Website

http://www.acotec.cn

Acotec Scientific Holdings Ltd is a medical device company. The company is focused on providing leave nothing behind treatment solutions for vascular diseases. It has developed a suite of interventional medical devices featuring world- leading technologies, notably in the fields of drug-coated balloons and thrombus aspiration catheters. The company's commercialized product is Semi-compliant PTCA Balloon (YAN) is a product designed for dilation in coronary artery or coronary artery bypass vessels stenosis to improve myocardial perfusion. Geographically, the company operates from Mainland China, Europe and Other countries and regions. Majority of revenue is generated from Mainland China.

Executives

Vistra Trust (singapore) Pte. Limited	2301 Trustee
Nexus Partners Group Limited	2201 Interest of corporation controlled by you
Cosmic Elite Holdings Limited	2101 Beneficial owner
Li Jing	2201 Interest of corporation controlled by you
Cpechina Fund Iii, L.p.	2201 Interest of corporation controlled by you
Cpe Funds Iii Limited	2201 Interest of corporation controlled by you
Ca Medtech Investment Iii Limited	2201 Interest of corporation controlled by you
Ca Medtech Investment Ii Limited	2201 Interest of corporation controlled by you
Ca Medtech Investment (cayman) Limited	2101 Beneficial owner
Cpe Holdings Limited	2201 Interest of corporation controlled by you
Cpe Holdings International Limited	2201 Interest of corporation controlled by you
Cpe Gof Gp Limited	2201 Interest of corporation controlled by you
Cpe Global Opportunities Fund, L.p.	2201 Interest of corporation controlled by you
Boston Scientific Corporation	2201 Interest of corporation controlled by you
Cpechina Fund Iii, L. P.

Acotec Scientific Holdings (HKSE:06669) Headlines

No Headlines