Nanjing Medlander Medical Technology Co (SHSE:688273) Days Sales Outstanding : 12.64 (As of Mar. 2024)

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What is Nanjing Medlander Medical Technology Co Days Sales Outstanding?

Nanjing Medlander Medical Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥14.5 Mil. Nanjing Medlander Medical Technology Co's Revenue for the three months ended in Mar. 2024 was ¥104.3 Mil. Hence, Nanjing Medlander Medical Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 12.64.

The historical rank and industry rank for Nanjing Medlander Medical Technology Co's Days Sales Outstanding or its related term are showing as below:

SHSE:688273' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.49 Med: 15.63 Max: 20.72
Current: 16.39

During the past 6 years, Nanjing Medlander Medical Technology Co's highest Days Sales Outstanding was 20.72. The lowest was 7.49. And the median was 15.63.

SHSE:688273's Days Sales Outstanding is ranked better than
96.06% of 812 companies
in the Medical Devices & Instruments industry
Industry Median: 65.12 vs SHSE:688273: 16.39

Nanjing Medlander Medical Technology Co's Days Sales Outstanding declined from Mar. 2023 (15.04) to Mar. 2024 (12.64).

Nanjing Medlander Medical Technology Co Days Sales Outstanding Historical Data

The historical data trend for Nanjing Medlander Medical 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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Nanjing Medlander Medical Technology Co Days Sales Outstanding Chart

Nanjing Medlander Medical Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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15.88

20.72

15.54

14.10

15.72

Nanjing Medlander Medical Technology Co Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial												15.04	14.95	15.63	23.30	12.64

Competitive Comparison of Nanjing Medlander Medical Technology Co's Days Sales Outstanding

For the Medical Devices subindustry, Nanjing Medlander Medical 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.

Nanjing Medlander Medical Technology Co's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Nanjing Medlander Medical Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Nanjing Medlander Medical Technology Co's Days Sales Outstanding falls into.

Nanjing Medlander Medical 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.

Nanjing Medlander Medical 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
=	( (18.928	+	10.426)	/	2 )	/	340.825	*	365
=	14.677					/	340.825	*	365
=	15.72

Nanjing Medlander Medical 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
=	( (10.426	+	18.478)	/	2 )	/	104.337	*	365 / 4
=	14.452					/	104.337	*	365 / 4
=	12.64

Nanjing Medlander Medical Technology Co (SHSE:688273) Days Sales Outstanding Explanation

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

Nanjing Medlander Medical Technology Co Days Sales Outstanding Related Terms

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Nanjing Medlander Medical Technology Co (SHSE:688273) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Nanjing Medlander Medical Technology Co Ltd (SHSE:688273) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Gande Road, 2nd Floor, Building 5, Jiangning High-tech Park, Jiangning District, Jiangsu Province, Nanjing City, CHN, 211100

Website

http://www.medlander.com

Nanjing Medlander Medical Technology Co Ltd is engaged in the research and development, production, sales and service of related products in the field of pelvic floor and postpartum rehabilitation.

Executives

Zhu Bi Sheng	senior management
Chen Jiang Ning	senior management
Yang Rui Jia	Directors, senior managers, core technical personn
Shi Zhi Huai	Directors, senior managers, core technical personn
Chen Bin	Directors, senior managers
Tu Hong Lin	Directors, senior managers
Wang Wang	senior management

Nanjing Medlander Medical Technology Co (SHSE:688273) Headlines

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