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Ningbo David Medical Device Co (SZSE:300314) Days Sales Outstanding : 20.95 (As of Mar. 2024)


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What is Ningbo David Medical Device Co Days Sales Outstanding?

Ningbo David Medical Device Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥35.7 Mil. Ningbo David Medical Device Co's Revenue for the three months ended in Mar. 2024 was ¥155.3 Mil. Hence, Ningbo David Medical Device Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 20.95.

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

SZSE:300314' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.84   Med: 13.82   Max: 19.02
Current: 19.02

During the past 13 years, Ningbo David Medical Device Co's highest Days Sales Outstanding was 19.02. The lowest was 11.84. And the median was 13.82.

SZSE:300314's Days Sales Outstanding is ranked better than
95.44% of 812 companies
in the Medical Devices & Instruments industry
Industry Median: 65.015 vs SZSE:300314: 19.02

Ningbo David Medical Device Co's Days Sales Outstanding increased from Mar. 2023 (13.71) to Mar. 2024 (20.95).


Ningbo David Medical Device Co Days Sales Outstanding Historical Data

The historical data trend for Ningbo David Medical Device 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.

* Premium members only.

Ningbo David Medical Device Co Days Sales Outstanding Chart

Ningbo David Medical Device Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.06 13.07 11.90 11.84 12.06

Ningbo David Medical Device 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.71 15.69 18.90 16.63 20.95

Competitive Comparison of Ningbo David Medical Device Co's Days Sales Outstanding

For the Medical Devices subindustry, Ningbo David Medical Device 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.


Ningbo David Medical Device Co's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Ningbo David Medical Device Co's Days Sales Outstanding falls into.



Ningbo David Medical Device 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.

Ningbo David Medical Device 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
=( (17.039 + 23.825) / 2 ) / 618.298*365
=20.432 / 618.298*365
=12.06

Ningbo David Medical Device 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
=( (23.825 + 47.494) / 2 ) / 155.329*365 / 4
=35.6595 / 155.329*365 / 4
=20.95

* 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.


Ningbo David Medical Device Co  (SZSE:300314) Days Sales Outstanding Explanation

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


Ningbo David Medical Device Co Days Sales Outstanding Related Terms

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Ningbo David Medical Device Co (SZSE:300314) Business Description

Traded in Other Exchanges
N/A
Address
No.35, Jinxing Road, Binhai Industry Park, Ningbo, CHN, 315712
Ningbo David Medical Device Co Ltd operates in the medical device industry. The company specializes in an independent research and development, production and distribution of medical equipment. The main products of the company are infant incubator, transport incubator, infant radiant warmer, neonate bilirubin phototherapy equipment and infant resuscitator.
Executives
Ma Jian Min Executives
Chen Zai Hong Directors, executives
Chen Yun Qin Director
Mao Tian Yi Executives
Li Ze Dong Directors, Directors, and Executives
Lin Ding Yu Executives
Yu Yong Wei Directors, executives
Wang Yao Independent director
Xu Fang Fang Director

Ningbo David Medical Device Co (SZSE:300314) Headlines

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