Shanghai MicroPort EP Medtech Co (SHSE:688351) Days Sales Outstanding : 58.52 (As of Mar. 2024)

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What is Shanghai MicroPort EP Medtech Co Days Sales Outstanding?

Shanghai MicroPort EP Medtech Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥57.2 Mil. Shanghai MicroPort EP Medtech Co's Revenue for the three months ended in Mar. 2024 was ¥89.2 Mil. Hence, Shanghai MicroPort EP Medtech Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 58.52.

The historical rank and industry rank for Shanghai MicroPort EP Medtech Co's Days Sales Outstanding or its related term are showing as below:

SHSE:688351' s Days Sales Outstanding Range Over the Past 10 Years
Min: 43.68 Med: 55.2 Max: 108.24
Current: 49.57

During the past 6 years, Shanghai MicroPort EP Medtech Co's highest Days Sales Outstanding was 108.24. The lowest was 43.68. And the median was 55.20.

SHSE:688351's Days Sales Outstanding is ranked better than
70.69% of 812 companies
in the Medical Devices & Instruments industry
Industry Median: 65.12 vs SHSE:688351: 49.57

Shanghai MicroPort EP Medtech Co's Days Sales Outstanding increased from Mar. 2023 (50.62) to Mar. 2024 (58.52).

Shanghai MicroPort EP Medtech Co Days Sales Outstanding Historical Data

The historical data trend for Shanghai MicroPort EP Medtech 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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Shanghai MicroPort EP Medtech Co Days Sales Outstanding Chart

Shanghai MicroPort EP Medtech Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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72.16

60.00

49.32

43.68

50.39

Shanghai MicroPort EP Medtech Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial										50.62	38.58	54.59	55.46	58.52

Competitive Comparison of Shanghai MicroPort EP Medtech Co's Days Sales Outstanding

For the Medical Devices subindustry, Shanghai MicroPort EP Medtech 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.

Shanghai MicroPort EP Medtech Co's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shanghai MicroPort EP Medtech Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shanghai MicroPort EP Medtech Co's Days Sales Outstanding falls into.

Shanghai MicroPort EP Medtech 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.

Shanghai MicroPort EP Medtech 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
=	( (35.933	+	54.964)	/	2 )	/	329.195	*	365
=	45.4485					/	329.195	*	365
=	50.39

Shanghai MicroPort EP Medtech 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
=	( (54.964	+	59.383)	/	2 )	/	89.153	*	365 / 4
=	57.1735					/	89.153	*	365 / 4
=	58.52

Shanghai MicroPort EP Medtech Co (SHSE:688351) Days Sales Outstanding Explanation

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

Shanghai MicroPort EP Medtech Co Days Sales Outstanding Related Terms

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Shanghai MicroPort EP Medtech Co (SHSE:688351) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shanghai MicroPort EP Medtech Co Ltd (SHSE:688351) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1-28, Lane 588, Tianxiong Road, Building 28, Zhoupu Town, Pudong New Area, Shanghai, CHN, 201318

Website

https://www.everpace.com

Shanghai MicroPort EP Medtech Co Ltd is engaged in the research and development, production and sales of various medical devices and equipment related to cardiac electrophysiology interventional diagnosis and treatment.

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