Huadong Medicine Co (SZSE:000963) Days Sales Outstanding : 75.08 (As of Mar. 2024)

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What is Huadong Medicine Co Days Sales Outstanding?

Huadong Medicine Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥8,566 Mil. Huadong Medicine Co's Revenue for the three months ended in Mar. 2024 was ¥10,411 Mil. Hence, Huadong Medicine Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 75.08.

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

SZSE:000963' s Days Sales Outstanding Range Over the Past 10 Years
Min: 55.57 Med: 61.96 Max: 74.51
Current: 74.51

During the past 13 years, Huadong Medicine Co's highest Days Sales Outstanding was 74.51. The lowest was 55.57. And the median was 61.96.

SZSE:000963's Days Sales Outstanding is ranked worse than
52.4% of 1000 companies
in the Drug Manufacturers industry
Industry Median: 72.34 vs SZSE:000963: 74.51

Huadong Medicine Co's Days Sales Outstanding increased from Mar. 2023 (71.42) to Mar. 2024 (75.08).

Huadong Medicine Co Days Sales Outstanding Historical Data

The historical data trend for Huadong Medicine 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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Huadong Medicine Co Days Sales Outstanding Chart

Huadong Medicine Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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60.37

66.26

66.36

65.95

65.83

Huadong Medicine 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															71.42	71.21	72.93	71.63	75.08

Competitive Comparison of Huadong Medicine Co's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, Huadong Medicine 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.

Huadong Medicine Co's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Huadong Medicine Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Huadong Medicine Co's Days Sales Outstanding falls into.

Huadong Medicine 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.

Huadong Medicine 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
=	( (7198.747	+	7455.251)	/	2 )	/	40623.783	*	365
=	7326.999					/	40623.783	*	365
=	65.83

Huadong Medicine 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
=	( (7455.251	+	9677.692)	/	2 )	/	10410.809	*	365 / 4
=	8566.4715					/	10410.809	*	365 / 4
=	75.08

Huadong Medicine Co (SZSE:000963) Days Sales Outstanding Explanation

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

Huadong Medicine Co Days Sales Outstanding Related Terms

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Huadong Medicine Co (SZSE:000963) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Huadong Medicine Co Ltd (SZSE:000963) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

468 Yan’an Road, Floor 7, 9 and 10, Gate No. 1, Building No. 1, Hangzhou, CHN, 310006

Website

http://www.eastchinapharm.com

Huadong Medicine Co Ltd is engaged in the production and sales of antibiotics, proprietary Chinese medicine, chemical synthetic medicine and genetic engineering drugs products. It is also engaged in the wholesale, retail and distribution business of Chinese and western medicine, Chinese herbal medicine, medical apparatus, and instruments. The main business of the company is divided into pharmaceutical business sales and the industry of pharmaceutical. The product portfolio of the company includes Corbrin capsule, Cymusi, New Cyspin, Kasiping, Panlisu, Acarbose, and others.

Huadong Medicine Co (SZSE:000963) Headlines

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