Zhejiang Nhu Co (SZSE:002001) Days Sales Outstanding : 54.26 (As of Mar. 2024)

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What is Zhejiang Nhu Co Days Sales Outstanding?

Zhejiang Nhu Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥2,675 Mil. Zhejiang Nhu Co's Revenue for the three months ended in Mar. 2024 was ¥4,499 Mil. Hence, Zhejiang Nhu Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 54.26.

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

SZSE:002001' s Days Sales Outstanding Range Over the Past 10 Years
Min: 57.09 Med: 66.94 Max: 78.06
Current: 57.09

During the past 13 years, Zhejiang Nhu Co's highest Days Sales Outstanding was 78.06. The lowest was 57.09. And the median was 66.94.

SZSE:002001's Days Sales Outstanding is ranked better than
64.23% of 998 companies
in the Drug Manufacturers industry
Industry Median: 71.84 vs SZSE:002001: 57.09

Zhejiang Nhu Co's Days Sales Outstanding declined from Mar. 2023 (62.64) to Mar. 2024 (54.26).

Zhejiang Nhu Co Days Sales Outstanding Historical Data

The historical data trend for Zhejiang Nhu 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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Zhejiang Nhu Co Days Sales Outstanding Chart

Zhejiang Nhu Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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78.06

61.94

57.33

59.92

59.88

Zhejiang Nhu 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															62.64	58.88	59.44	52.65	54.26

Competitive Comparison of Zhejiang Nhu Co's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, Zhejiang Nhu 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.

Zhejiang Nhu Co's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Zhejiang Nhu Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Zhejiang Nhu Co's Days Sales Outstanding falls into.

Zhejiang Nhu 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.

Zhejiang Nhu 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
=	( (2476.269	+	2483.267)	/	2 )	/	15116.537	*	365
=	2479.768					/	15116.537	*	365
=	59.88

Zhejiang Nhu 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
=	( (2483.267	+	2866.536)	/	2 )	/	4498.764	*	365 / 4
=	2674.9015					/	4498.764	*	365 / 4
=	54.26

Zhejiang Nhu Co (SZSE:002001) Days Sales Outstanding Explanation

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

Zhejiang Nhu Co Days Sales Outstanding Related Terms

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Zhejiang Nhu Co (SZSE:002001) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Zhejiang Nhu Co Ltd (SZSE:002001) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 4 Jiangbei Road, Yulin Street, Xinchang County, Zhejiang Province, Shaoxing, CHN, 312500

Website

http://www.cnhu.com

Zhejiang Nhu Co Ltd is a China-based company engaged in the manufacture and sales of pharmaceuticals, health protection products, pharmaceutical intermediates, fragrances, food additives and feed additives. The company's active pharmaceutical ingredient products cover various areas such as Cardiovascular, Anti-AIDS, Anti-cancer and Anti-bacterial with key products such as Latamoxef Sodium, Flomoxef Sodium, Hydrochloride Moxifloxacin, Artemisinin series, Calcium Keto acid series, Vitamin A/E/D3 and coenzyme Q10 and others. The other business areas are Aroma chemicals, Polymers, and Nutrition. The organization markets its products in China and internationally.

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