Hangzhou Bio-Sincerity Pharma-Tech Co (SZSE:301096) Days Sales Outstanding : 94.83 (As of Mar. 2024)

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What is Hangzhou Bio-Sincerity Pharma-Tech Co Days Sales Outstanding?

Hangzhou Bio-Sincerity Pharma-Tech Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥224 Mil. Hangzhou Bio-Sincerity Pharma-Tech Co's Revenue for the three months ended in Mar. 2024 was ¥216 Mil. Hence, Hangzhou Bio-Sincerity Pharma-Tech Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 94.83.

The historical rank and industry rank for Hangzhou Bio-Sincerity Pharma-Tech Co's Days Sales Outstanding or its related term are showing as below:

SZSE:301096' s Days Sales Outstanding Range Over the Past 10 Years
Min: 37.23 Med: 48.04 Max: 69.98
Current: 69.98

During the past 7 years, Hangzhou Bio-Sincerity Pharma-Tech Co's highest Days Sales Outstanding was 69.98. The lowest was 37.23. And the median was 48.04.

SZSE:301096's Days Sales Outstanding is ranked better than
52.05% of 1001 companies
in the Drug Manufacturers industry
Industry Median: 72.57 vs SZSE:301096: 69.98

Hangzhou Bio-Sincerity Pharma-Tech Co's Days Sales Outstanding declined from Mar. 2023 (95.85) to Mar. 2024 (94.83).

Hangzhou Bio-Sincerity Pharma-Tech Co Days Sales Outstanding Historical Data

The historical data trend for Hangzhou Bio-Sincerity Pharma-Tech 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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Hangzhou Bio-Sincerity Pharma-Tech Co Days Sales Outstanding Chart

Hangzhou Bio-Sincerity Pharma-Tech Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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39.22

48.04

54.25

67.98

62.68

Hangzhou Bio-Sincerity Pharma-Tech Co Quarterly Data
	Dec18	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															95.85	66.86	61.53	59.23	94.83

Competitive Comparison of Hangzhou Bio-Sincerity Pharma-Tech Co's Days Sales Outstanding

For the Drug Manufacturers - General subindustry, Hangzhou Bio-Sincerity Pharma-Tech 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.

Hangzhou Bio-Sincerity Pharma-Tech Co's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Hangzhou Bio-Sincerity Pharma-Tech Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hangzhou Bio-Sincerity Pharma-Tech Co's Days Sales Outstanding falls into.

Hangzhou Bio-Sincerity Pharma-Tech 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.

Hangzhou Bio-Sincerity Pharma-Tech 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
=	( (149.516	+	199.92)	/	2 )	/	1017.448	*	365
=	174.718					/	1017.448	*	365
=	62.68

Hangzhou Bio-Sincerity Pharma-Tech 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
=	( (199.92	+	248.417)	/	2 )	/	215.703	*	365 / 4
=	224.1685					/	215.703	*	365 / 4
=	94.83

Hangzhou Bio-Sincerity Pharma-Tech Co (SZSE:301096) Days Sales Outstanding Explanation

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

Hangzhou Bio-Sincerity Pharma-Tech Co Days Sales Outstanding Related Terms

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Hangzhou Bio-Sincerity Pharma-Tech Co (SZSE:301096) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Hangzhou Bio-Sincerity Pharma-Tech Co Ltd (SZSE:301096) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

611 Dongguan Road, 2nd Floor, Building 8, Jinsheng Technology Park, Binjiang District, Hangzhou, CHN

Website

https://www.hzbio-s.com

Hangzhou Bio-Sincerity Pharma-Tech Co Ltd is a pharmaceutical technology research and development company. The company's business covers drug discovery, pharmaceutical research, clinical research, and registration application.

Hangzhou Bio-Sincerity Pharma-Tech Co (SZSE:301096) Headlines

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