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JiangXi Tianxin Pharmaceutical Co (SHSE:603235) Days Sales Outstanding : 45.47 (As of Mar. 2024)


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What is JiangXi Tianxin Pharmaceutical Co Days Sales Outstanding?

JiangXi Tianxin Pharmaceutical Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥246 Mil. JiangXi Tianxin Pharmaceutical Co's Revenue for the three months ended in Mar. 2024 was ¥494 Mil. Hence, JiangXi Tianxin Pharmaceutical Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 45.47.

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

SHSE:603235' s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.93   Med: 45.1   Max: 48.29
Current: 48.04

During the past 6 years, JiangXi Tianxin Pharmaceutical Co's highest Days Sales Outstanding was 48.29. The lowest was 34.93. And the median was 45.10.

SHSE:603235's Days Sales Outstanding is ranked worse than
62.5% of 1840 companies
in the Consumer Packaged Goods industry
Industry Median: 39.225 vs SHSE:603235: 48.04

JiangXi Tianxin Pharmaceutical Co's Days Sales Outstanding increased from Mar. 2023 (42.16) to Mar. 2024 (45.47).


JiangXi Tianxin Pharmaceutical Co Days Sales Outstanding Historical Data

The historical data trend for JiangXi Tianxin 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.

JiangXi Tianxin Pharmaceutical Co Days Sales Outstanding Chart

JiangXi Tianxin Pharmaceutical Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial 48.29 34.93 39.33 46.87 47.24

JiangXi Tianxin Pharmaceutical Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 42.16 44.09 51.75 45.60 45.47

Competitive Comparison of JiangXi Tianxin Pharmaceutical Co's Days Sales Outstanding

For the Packaged Foods subindustry, JiangXi Tianxin 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.


JiangXi Tianxin Pharmaceutical Co's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, JiangXi Tianxin Pharmaceutical Co's Days Sales Outstanding distribution charts can be found below:

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



JiangXi Tianxin 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.

JiangXi Tianxin 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
=( (259.398 + 227.759) / 2 ) / 1881.993*365
=243.5785 / 1881.993*365
=47.24

JiangXi Tianxin 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
=( (227.759 + 265.009) / 2 ) / 494.498*365 / 4
=246.384 / 494.498*365 / 4
=45.47

* 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.


JiangXi Tianxin Pharmaceutical Co  (SHSE:603235) Days Sales Outstanding Explanation

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


JiangXi Tianxin Pharmaceutical Co Days Sales Outstanding Related Terms

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JiangXi Tianxin Pharmaceutical Co (SHSE:603235) Business Description

Traded in Other Exchanges
N/A
Address
Le'anjiang Industrial Park, Jiangxi Province, Leping, CHN, 333300
JiangXi Tianxin Pharmaceutical Co Ltd is engaged in the research and development, production and sales of monomeric vitamin products.

JiangXi Tianxin Pharmaceutical Co (SHSE:603235) Headlines

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