Honliv Healthcare Management Group Co (HKSE:09906) Days Sales Outstanding : 20.77 (As of Dec. 2023)

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What is Honliv Healthcare Management Group Co Days Sales Outstanding?

Honliv Healthcare Management Group Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$48.6 Mil. Honliv Healthcare Management Group Co's Revenue for the six months ended in Dec. 2023 was HK$426.6 Mil. Hence, Honliv Healthcare Management Group Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 20.77.

The historical rank and industry rank for Honliv Healthcare Management Group Co's Days Sales Outstanding or its related term are showing as below:

HKSE:09906' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.19 Med: 19.2 Max: 22
Current: 21.94

During the past 7 years, Honliv Healthcare Management Group Co's highest Days Sales Outstanding was 22.00. The lowest was 12.19. And the median was 19.20.

HKSE:09906's Days Sales Outstanding is ranked better than
79.41% of 641 companies
in the Healthcare Providers & Services industry
Industry Median: 46.64 vs HKSE:09906: 21.94

Honliv Healthcare Management Group Co's Days Sales Outstanding declined from Dec. 2022 (27.56) to Dec. 2023 (20.77).

Honliv Healthcare Management Group Co Days Sales Outstanding Historical Data

The historical data trend for Honliv Healthcare Management Group 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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Honliv Healthcare Management Group Co Days Sales Outstanding Chart

Honliv Healthcare Management Group Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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20.88

12.19

15.92

21.36

19.20

Honliv Healthcare Management Group Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial							17.11	22.52	27.56	25.99	20.77

Competitive Comparison of Honliv Healthcare Management Group Co's Days Sales Outstanding

For the Medical Care Facilities subindustry, Honliv Healthcare Management Group 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.

Honliv Healthcare Management Group Co's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Honliv Healthcare Management Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Honliv Healthcare Management Group Co's Days Sales Outstanding falls into.

Honliv Healthcare Management Group 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.

Honliv Healthcare Management Group 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
=	( (52.885	+	34.613)	/	2 )	/	831.848	*	365
=	43.749					/	831.848	*	365
=	19.20

Honliv Healthcare Management Group 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
=	( (62.52	+	34.613)	/	2 )	/	426.639	*	365 / 2
=	48.5665					/	426.639	*	365 / 2
=	20.77

Honliv Healthcare Management Group Co (HKSE:09906) Days Sales Outstanding Explanation

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

Honliv Healthcare Management Group Co Days Sales Outstanding Related Terms

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Honliv Healthcare Management Group Co (HKSE:09906) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Honliv Healthcare Management Group Co Ltd (HKSE:09906) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, Bo Ai Road (South), Changyuan County, Henan Province, Xinxiang, CHN

Website

https://www.honlivhp.com

Honliv Healthcare Management Group Co Ltd is engaged in providing comprehensive medical services and pharmaceutical services to the society in Mainland China. It generates revenue from Outpatient and Inpatient healthcare services.

Executives

Tct (bvi) Limited	2501 Other
The Core Trust Company Limited	2301 Trustee
Hwabao Trust Co., Ltd	2301 Trustee
Zhang Yuan Shi Tou Zi Ji Tuan You Xian Gong Si	2101 Beneficial owner
Rubrical Investment Limited	2501 Other
Sunny Rock Capital Limited	2101 Beneficial owner
Cao Jinming	2202 Interest of your spouse
Qin Hongchao	2501 Other
Qin Yan	2201 Interest of corporation controlled by you
Sun Mingyan	2202 Interest of your spouse

Honliv Healthcare Management Group Co (HKSE:09906) Headlines

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