Medicskin Holdings (HKSE:08307) Days Sales Outstanding : 2.70 (As of Sep. 2023)

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What is Medicskin Holdings Days Sales Outstanding?

Medicskin Holdings's average Accounts Receivable for the three months ended in Sep. 2023 was HK$0.35 Mil. Medicskin Holdings's Revenue for the three months ended in Sep. 2023 was HK$11.64 Mil. Hence, Medicskin Holdings's Days Sales Outstanding for the three months ended in Sep. 2023 was 2.70.

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

HKSE:08307' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.9 Med: 2.91 Max: 4.07
Current: 3.09

During the past 10 years, Medicskin Holdings's highest Days Sales Outstanding was 4.07. The lowest was 1.90. And the median was 2.91.

HKSE:08307's Days Sales Outstanding is ranked better than
96.88% of 642 companies
in the Healthcare Providers & Services industry
Industry Median: 46.435 vs HKSE:08307: 3.09

Medicskin Holdings's Days Sales Outstanding declined from Sep. 2022 (2.87) to Sep. 2023 (2.70).

Medicskin Holdings Days Sales Outstanding Historical Data

The historical data trend for Medicskin Holdings'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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Medicskin Holdings Days Sales Outstanding Chart

Medicskin Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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3.47

4.07

3.03

2.28

3.68

Medicskin Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															2.87	2.30	4.19	4.42	2.70

Competitive Comparison of Medicskin Holdings's Days Sales Outstanding

For the Medical Care Facilities subindustry, Medicskin Holdings'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.

Medicskin Holdings's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Medicskin Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Medicskin Holdings's Days Sales Outstanding falls into.

Medicskin Holdings 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.

Medicskin Holdings's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (0.294	+	0.625)	/	2 )	/	45.541	*	365
=	0.4595					/	45.541	*	365
=	3.68

Medicskin Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (0	+	0.345)	/	1 )	/	11.643	*	365 / 4
=	0.345					/	11.643	*	365 / 4
=	2.70

Medicskin Holdings (HKSE:08307) Days Sales Outstanding Explanation

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

Medicskin Holdings Days Sales Outstanding Related Terms

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Medicskin Holdings (HKSE:08307) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Medicskin Holdings Ltd (HKSE:08307) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

287-291 Des Voeux Road, Flat A-C, 16th Floor, Champion Building, Central, Hong Kong, HKG

Website

https://www.medicskinholdings.com

Medicskin Holdings Ltd is a medical skin care service provider. It is engaged in providing services for inter alia, acne, pigmentation, rosacea, dermatitis, eczema and warts, skin rejuvenation, facial sculpturing and body contouring, treatment for acne scars and enlarged pores, removal of undesirable naevi, and hair removal. The company operates through a single segment namely Consultation Service, Prescription and Dispensing Service, and Treatment Services. It offers services throughout Hong Kong.

Executives

Topline Worldwide Limited	2101 Beneficial owner
Kong Kwok Leung	2201 Interest of corporation controlled by you

Medicskin Holdings (HKSE:08307) Headlines

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