Shanghai Kehua Bio-engineering Co (SZSE:002022) Days Sales Outstanding : 228.07 (As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Shanghai Kehua Bio-engineering Co Days Sales Outstanding?

Shanghai Kehua Bio-engineering Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,108 Mil. Shanghai Kehua Bio-engineering Co's Revenue for the three months ended in Mar. 2024 was ¥443 Mil. Hence, Shanghai Kehua Bio-engineering Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 228.07.

The historical rank and industry rank for Shanghai Kehua Bio-engineering Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002022' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.86 Med: 64.88 Max: 210.91
Current: 210.91

During the past 13 years, Shanghai Kehua Bio-engineering Co's highest Days Sales Outstanding was 210.91. The lowest was 47.86. And the median was 64.88.

SZSE:002022's Days Sales Outstanding is ranked worse than
93.47% of 812 companies
in the Medical Devices & Instruments industry
Industry Median: 65.015 vs SZSE:002022: 210.91

Shanghai Kehua Bio-engineering Co's Days Sales Outstanding increased from Mar. 2023 (141.69) to Mar. 2024 (228.07).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Shanghai Kehua Bio-engineering Co Days Sales Outstanding Historical Data

The historical data trend for Shanghai Kehua Bio-engineering 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.

* Premium members only.

Shanghai Kehua Bio-engineering Co Days Sales Outstanding Chart

Shanghai Kehua Bio-engineering Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

90.50

64.85

67.13

59.53

180.69

Shanghai Kehua Bio-engineering 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															141.69	204.74	214.51	195.72	228.07

Competitive Comparison of Shanghai Kehua Bio-engineering Co's Days Sales Outstanding

For the Medical Devices subindustry, Shanghai Kehua Bio-engineering 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 Kehua Bio-engineering Co's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shanghai Kehua Bio-engineering Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shanghai Kehua Bio-engineering Co's Days Sales Outstanding falls into.

Shanghai Kehua Bio-engineering 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 Kehua Bio-engineering 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
=	( (1301.694	+	1102.241)	/	2 )	/	2428.075	*	365
=	1201.9675					/	2428.075	*	365
=	180.69

Shanghai Kehua Bio-engineering 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
=	( (1102.241	+	1113.732)	/	2 )	/	443.304	*	365 / 4
=	1107.9865					/	443.304	*	365 / 4
=	228.07

Shanghai Kehua Bio-engineering Co (SZSE:002022) 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 Kehua Bio-engineering Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Shanghai Kehua Bio-engineering Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Shanghai Kehua Bio-engineering Co (SZSE:002022) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shanghai Kehua Bio-engineering Co Ltd (SZSE:002022) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1189 Qinzhou North Road, Xuhui District, Shanghai, CHN, 200233

Website

http://www.skhb.com

Shanghai Kehua Bio-engineering Co Ltd is a developer, manufacturer, and marketer of in-vitro diagnostics business in China. Its products are mainly offered in two primary business segments: Diagnostic Reagents and Diagnostic Laboratory Instruments. Its products include diagnostic reagents, such as enzyme-immunoassay kits, clinical chemistry reagents, PCR kits, and rapid test kits and lab-instruments comprising chemistry analyzers, microplate washers/readers, electrolyte analyzers, and nucleic acid extractors.

Executives

Li Ming	Executives
He Jian Wen	Executives
Ji Yu Ming	Supervisors
Li Ji	Executives
Sha Li Wu	Director
Wang Man	Directors, executives
Tang Wei Guo	Director

Shanghai Kehua Bio-engineering Co (SZSE:002022) Headlines

No Headlines