Sanbo Hospital Management Group (SZSE:301293) Days Sales Outstanding : 23.15 (As of Mar. 2024)

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What is Sanbo Hospital Management Group Days Sales Outstanding?

Sanbo Hospital Management Group's average Accounts Receivable for the three months ended in Mar. 2024 was ¥85 Mil. Sanbo Hospital Management Group's Revenue for the three months ended in Mar. 2024 was ¥337 Mil. Hence, Sanbo Hospital Management Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 23.15.

The historical rank and industry rank for Sanbo Hospital Management Group's Days Sales Outstanding or its related term are showing as below:

SZSE:301293' s Days Sales Outstanding Range Over the Past 10 Years
Min: 23.05 Med: 27.6 Max: 33.64
Current: 24.42

During the past 7 years, Sanbo Hospital Management Group's highest Days Sales Outstanding was 33.64. The lowest was 23.05. And the median was 27.60.

SZSE:301293's Days Sales Outstanding is ranked better than
76.68% of 639 companies
in the Healthcare Providers & Services industry
Industry Median: 46.55 vs SZSE:301293: 24.42

Sanbo Hospital Management Group's Days Sales Outstanding increased from Mar. 2023 (22.09) to Mar. 2024 (23.15).

Sanbo Hospital Management Group Days Sales Outstanding Historical Data

The historical data trend for Sanbo Hospital Management Group'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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Sanbo Hospital Management Group Days Sales Outstanding Chart

Sanbo Hospital Management Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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25.53

29.15

28.07

27.31

23.05

Sanbo Hospital Management Group Quarterly Data
	Dec17	Dec18	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															22.09	26.71	27.72	23.48	23.15

Competitive Comparison of Sanbo Hospital Management Group's Days Sales Outstanding

For the Medical Care Facilities subindustry, Sanbo Hospital Management Group'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.

Sanbo Hospital Management Group's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Sanbo Hospital Management Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Sanbo Hospital Management Group's Days Sales Outstanding falls into.

Sanbo Hospital Management Group 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.

Sanbo Hospital Management Group'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
=	( (69.209	+	96.679)	/	2 )	/	1313.345	*	365
=	82.944					/	1313.345	*	365
=	23.05

Sanbo Hospital Management Group'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
=	( (96.679	+	74.267)	/	2 )	/	336.93	*	365 / 4
=	85.473					/	336.93	*	365 / 4
=	23.15

Sanbo Hospital Management Group (SZSE:301293) Days Sales Outstanding Explanation

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

Sanbo Hospital Management Group Days Sales Outstanding Related Terms

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Sanbo Hospital Management Group (SZSE:301293) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Sanbo Hospital Management Group Ltd (SZSE:301293) » Definitions » Days Sales Outstanding

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Address

No. 50 Yikesong, Xiangshan Road, Room 105, Building No. 23, Haidian District, Haidian District, CHN, Haidian District

Website

https://www.sbnkjt.com

Sanbo Hospital Management Group Ltd is a neurology medical group engaged in clinical medical services. It adheres to the vision of expertise in medicine, education, and research, advocates the coordinated development of medical treatment, teaching, and scientific research, and promotes the company's basic research and development in neurology. The company hosts/co-organizes several academic conferences, covering neurosurgery, neurology, anesthesia, nursing, etc., and actively promotes academic exchanges. The company has held more than 90 national, provincial and municipal continuing education projects and classes, and has trained nearly 6,000 people in total, to improve the diagnosis and treatment of neurologists at the grassroots level. The company operates in a chain of hospitals.

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