APT Medical (SHSE:688617) Days Sales Outstanding : 8.40 (As of Mar. 2024)

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What is APT Medical Days Sales Outstanding?

APT Medical's average Accounts Receivable for the three months ended in Mar. 2024 was ¥42 Mil. APT Medical's Revenue for the three months ended in Mar. 2024 was ¥455 Mil. Hence, APT Medical's Days Sales Outstanding for the three months ended in Mar. 2024 was 8.40.

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

SHSE:688617' s Days Sales Outstanding Range Over the Past 10 Years
Min: 8.52 Med: 32.74 Max: 71.45
Current: 8.52

During the past 7 years, APT Medical's highest Days Sales Outstanding was 71.45. The lowest was 8.52. And the median was 32.74.

SHSE:688617's Days Sales Outstanding is ranked better than
98.15% of 810 companies
in the Medical Devices & Instruments industry
Industry Median: 64.2 vs SHSE:688617: 8.52

APT Medical's Days Sales Outstanding declined from Mar. 2023 (10.70) to Mar. 2024 (8.40).

APT Medical Days Sales Outstanding Historical Data

The historical data trend for APT Medical'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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APT Medical Days Sales Outstanding Chart

APT Medical Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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32.74

34.56

17.12

12.18

9.79

APT Medical 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															10.70	7.35	9.25	9.61	8.40

Competitive Comparison of APT Medical's Days Sales Outstanding

For the Medical Devices subindustry, APT Medical'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.

APT Medical's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where APT Medical's Days Sales Outstanding falls into.

APT Medical 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.

APT Medical'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
=	( (47.15	+	41.416)	/	2 )	/	1650.212	*	365
=	44.283					/	1650.212	*	365
=	9.79

APT Medical'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
=	( (41.416	+	42.419)	/	2 )	/	455.327	*	365 / 4
=	41.9175					/	455.327	*	365 / 4
=	8.40

APT Medical (SHSE:688617) Days Sales Outstanding Explanation

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

APT Medical Days Sales Outstanding Related Terms

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APT Medical (SHSE:688617) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » APT Medical Inc (SHSE:688617) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 11, Songpingshan Langshan Road, Xili Street, Room 601, Building B, Tongfang Information Port, Songpingshan Community, Nanshan District, Guangdong Province, Shenzhen, CHN, 518000

Website

http://www.aptmed.com

APT Medical Inc is engaged in the research and development, production and sales of electrophysiological and vascular interventional medical devices for cardiovascular and cerebrovascular diseases. Its products are sold in Europe, Eastern Europe, Southeast Asia and other countries and other regions.

APT Medical (SHSE:688617) Headlines

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