Suzhou Novoprotein Scientific Co (SHSE:688137) Days Sales Outstanding : 220.28 (As of Mar. 2024)

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What is Suzhou Novoprotein Scientific Co Days Sales Outstanding?

Suzhou Novoprotein Scientific Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥63.0 Mil. Suzhou Novoprotein Scientific Co's Revenue for the three months ended in Mar. 2024 was ¥26.1 Mil. Hence, Suzhou Novoprotein Scientific Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 220.28.

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

SHSE:688137' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.69 Med: 62.1 Max: 221.4
Current: 205.9

During the past 6 years, Suzhou Novoprotein Scientific Co's highest Days Sales Outstanding was 221.40. The lowest was 27.69. And the median was 62.10.

SHSE:688137's Days Sales Outstanding is ranked worse than
83.93% of 890 companies
in the Biotechnology industry
Industry Median: 72.665 vs SHSE:688137: 205.90

Suzhou Novoprotein Scientific Co's Days Sales Outstanding declined from Mar. 2023 (237.10) to Mar. 2024 (220.28).

Warning Sign:

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

Suzhou Novoprotein Scientific Co Days Sales Outstanding Historical Data

The historical data trend for Suzhou Novoprotein Scientific 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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Suzhou Novoprotein Scientific Co Days Sales Outstanding Chart

Suzhou Novoprotein Scientific Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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43.39

27.69

63.85

148.64

221.40

Suzhou Novoprotein Scientific 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											237.10	264.49	194.88	152.16	220.28

Competitive Comparison of Suzhou Novoprotein Scientific Co's Days Sales Outstanding

For the Biotechnology subindustry, Suzhou Novoprotein Scientific 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.

Suzhou Novoprotein Scientific Co's Days Sales Outstanding Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Suzhou Novoprotein Scientific Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Suzhou Novoprotein Scientific Co's Days Sales Outstanding falls into.

Suzhou Novoprotein Scientific 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.

Suzhou Novoprotein Scientific 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
=	( (118.891	+	66.951)	/	2 )	/	153.191	*	365
=	92.921					/	153.191	*	365
=	221.40

Suzhou Novoprotein Scientific 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
=	( (66.951	+	59)	/	2 )	/	26.087	*	365 / 4
=	62.9755					/	26.087	*	365 / 4
=	220.28

Suzhou Novoprotein Scientific Co (SHSE:688137) Days Sales Outstanding Explanation

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

Suzhou Novoprotein Scientific Co Days Sales Outstanding Related Terms

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Suzhou Novoprotein Scientific Co (SHSE:688137) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Suzhou Novoprotein Scientific Co Ltd (SHSE:688137) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

No. 228, Yunchuang Road, 3rd & 4th Floor, Wujiang Economic and Technological Development Zone, Jiangsu Province, Suzhou, CHN, 215299

Website

http://www.novoprotein.com.cn

Suzhou Novoprotein Scientific Co Ltd is a high-tech enterprise focusing on recombinant protein application solutions. Its main business is the research and development of target and cytokine proteins, recombinant antibodies, enzymes and reagents, Production and sales, and provide related technical services.

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