Tonghua Dongbao Pharmaceutical Co (SHSE:600867) Days Sales Outstanding : 125.22 (As of Mar. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Tonghua Dongbao Pharmaceutical Co Days Sales Outstanding?

Tonghua Dongbao Pharmaceutical Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥812 Mil. Tonghua Dongbao Pharmaceutical Co's Revenue for the three months ended in Mar. 2024 was ¥591 Mil. Hence, Tonghua Dongbao Pharmaceutical Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 125.22.

The historical rank and industry rank for Tonghua Dongbao Pharmaceutical Co's Days Sales Outstanding or its related term are showing as below:

SHSE:600867' s Days Sales Outstanding Range Over the Past 10 Years
Min: 59.75 Med: 72.52 Max: 91.85
Current: 83.15

During the past 13 years, Tonghua Dongbao Pharmaceutical Co's highest Days Sales Outstanding was 91.85. The lowest was 59.75. And the median was 72.52.

SHSE:600867's Days Sales Outstanding is ranked worse than
61.55% of 996 companies
in the Drug Manufacturers industry
Industry Median: 71.84 vs SHSE:600867: 83.15

Tonghua Dongbao Pharmaceutical Co's Days Sales Outstanding increased from Mar. 2023 (62.22) to Mar. 2024 (125.22).

Tonghua Dongbao Pharmaceutical Co Days Sales Outstanding Historical Data

The historical data trend for Tonghua Dongbao Pharmaceutical 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.

Tonghua Dongbao Pharmaceutical Co Days Sales Outstanding Chart

Tonghua Dongbao Pharmaceutical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

72.91

67.02

59.75

64.49

72.13

Tonghua Dongbao Pharmaceutical Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															62.22	70.92	82.47	69.52	125.22

Competitive Comparison of Tonghua Dongbao Pharmaceutical Co's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, Tonghua Dongbao Pharmaceutical 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.

Tonghua Dongbao Pharmaceutical Co's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Tonghua Dongbao Pharmaceutical Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tonghua Dongbao Pharmaceutical Co's Days Sales Outstanding falls into.

Tonghua Dongbao Pharmaceutical 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.

Tonghua Dongbao Pharmaceutical 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
=	( (422.412	+	793.065)	/	2 )	/	3075.416	*	365
=	607.7385					/	3075.416	*	365
=	72.13

Tonghua Dongbao Pharmaceutical Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (793.065	+	830.03)	/	2 )	/	591.386	*	365 / 4
=	811.5475					/	591.386	*	365 / 4
=	125.22

Tonghua Dongbao Pharmaceutical Co (SHSE:600867) Days Sales Outstanding Explanation

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

Tonghua Dongbao Pharmaceutical Co Days Sales Outstanding Related Terms

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

Tonghua Dongbao Pharmaceutical Co (SHSE:600867) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Tonghua Dongbao Pharmaceutical Co Ltd (SHSE:600867) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Dongbao Village, Jilin Province, Tonghua, CHN, 134123

Website

http://www.thdb.com

Tonghua Dongbao Pharmaceutical Co Ltd is a China-based firm. Its engaged in the production and distribution of pharmaceutical products. Its products include human insulin injection, Heart and brain capsule, Vitamin e soft capsule, and Oral detoxification products.

Executives

Cheng Jian Qiu	Supervisors
Chang Xiao Hui	Director
Li Cong	Director
Li Feng Qin	Director
Chen Hong	senior management
Leng Chun Sheng	Director
Li Yi Kui	Director
Wang Dian Duo	Supervisors
Wang Jun Ye	Director
Han Jie	Director

Tonghua Dongbao Pharmaceutical Co (SHSE:600867) Headlines

No Headlines