Shanghai Hile Bio-Technology Co (SHSE:603718) Days Sales Outstanding : 117.80 (As of Mar. 2024)

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What is Shanghai Hile Bio-Technology Co Days Sales Outstanding?

Shanghai Hile Bio-Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥90.8 Mil. Shanghai Hile Bio-Technology Co's Revenue for the three months ended in Mar. 2024 was ¥70.3 Mil. Hence, Shanghai Hile Bio-Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 117.80.

The historical rank and industry rank for Shanghai Hile Bio-Technology Co's Days Sales Outstanding or its related term are showing as below:

SHSE:603718' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.06 Med: 67.04 Max: 155.37
Current: 155.37

During the past 13 years, Shanghai Hile Bio-Technology Co's highest Days Sales Outstanding was 155.37. The lowest was 12.06. And the median was 67.04.

SHSE:603718's Days Sales Outstanding is ranked worse than
79.66% of 890 companies
in the Biotechnology industry
Industry Median: 72.665 vs SHSE:603718: 155.37

Shanghai Hile Bio-Technology Co's Days Sales Outstanding declined from Mar. 2023 (128.21) to Mar. 2024 (117.80).

Shanghai Hile Bio-Technology Co Days Sales Outstanding Historical Data

The historical data trend for Shanghai Hile Bio-Technology 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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Shanghai Hile Bio-Technology Co Days Sales Outstanding Chart

Shanghai Hile Bio-Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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92.15

99.28

78.73

113.89

138.17

Shanghai Hile Bio-Technology 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															128.21	195.73	136.18	207.10	117.80

Competitive Comparison of Shanghai Hile Bio-Technology Co's Days Sales Outstanding

For the Biotechnology subindustry, Shanghai Hile Bio-Technology 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.

Shanghai Hile Bio-Technology Co's Days Sales Outstanding Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Shanghai Hile Bio-Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shanghai Hile Bio-Technology Co's Days Sales Outstanding falls into.

Shanghai Hile Bio-Technology 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.

Shanghai Hile Bio-Technology 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
=	( (97.307	+	84.947)	/	2 )	/	240.723	*	365
=	91.127					/	240.723	*	365
=	138.17

Shanghai Hile Bio-Technology 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
=	( (84.947	+	96.565)	/	2 )	/	70.304	*	365 / 4
=	90.756					/	70.304	*	365 / 4
=	117.80

Shanghai Hile Bio-Technology Co (SHSE:603718) Days Sales Outstanding Explanation

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

Shanghai Hile Bio-Technology Co Days Sales Outstanding Related Terms

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Shanghai Hile Bio-Technology Co (SHSE:603718) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Shanghai Hile Bio-Technology Co Ltd (SHSE:603718) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shanghai Jinhai Road 6720, Shanghai, CHN, 201403

Website

http://www.hile-bio.com

Shanghai Hile Bio-Technology Co Ltd is a veterinary biological product manufacturer integrating research and development, production, sales, and service. The company has over 40 categories of poultry, livestock, and pets. The company provides services for the prevention of livestock diseases, improving the health of livestock and poultry, and improving the production efficiency of farmers, and is able to provide comprehensive solutions and an authoritative veterinary expert service system.

Executives

Zhang Lu	Director
Liu Han Ping	Directors, senior managers
Zhou Yu Sheng	Supervisors
Zhang Hai Ming	Director
Sun Guo Bao	Supervisors
Zhang Yue	Director
Su Bin	Director
Wu Ling Yue	senior management

Shanghai Hile Bio-Technology Co (SHSE:603718) Headlines

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