Luoxin Pharmaceuticals Group Stock Co (SZSE:002793) Days Sales Outstanding : 66.01 (As of Mar. 2024)

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What is Luoxin Pharmaceuticals Group Stock Co Days Sales Outstanding?

Luoxin Pharmaceuticals Group Stock Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥498 Mil. Luoxin Pharmaceuticals Group Stock Co's Revenue for the three months ended in Mar. 2024 was ¥689 Mil. Hence, Luoxin Pharmaceuticals Group Stock Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 66.01.

The historical rank and industry rank for Luoxin Pharmaceuticals Group Stock Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002793' s Days Sales Outstanding Range Over the Past 10 Years
Min: 44.19 Med: 72.51 Max: 203.61
Current: 94.33

During the past 13 years, Luoxin Pharmaceuticals Group Stock Co's highest Days Sales Outstanding was 203.61. The lowest was 44.19. And the median was 72.51.

SZSE:002793's Days Sales Outstanding is ranked worse than
70.14% of 998 companies
in the Drug Manufacturers industry
Industry Median: 71.84 vs SZSE:002793: 94.33

Luoxin Pharmaceuticals Group Stock Co's Days Sales Outstanding declined from Mar. 2023 (111.46) to Mar. 2024 (66.01).

Luoxin Pharmaceuticals Group Stock Co Days Sales Outstanding Historical Data

The historical data trend for Luoxin Pharmaceuticals Group Stock 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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Luoxin Pharmaceuticals Group Stock Co Days Sales Outstanding Chart

Luoxin Pharmaceuticals Group Stock Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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82.13

136.50

159.26

203.61

106.02

Luoxin Pharmaceuticals Group Stock 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															111.46	109.92	107.27	99.17	66.01

Competitive Comparison of Luoxin Pharmaceuticals Group Stock Co's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, Luoxin Pharmaceuticals Group Stock 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.

Luoxin Pharmaceuticals Group Stock Co's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Luoxin Pharmaceuticals Group Stock Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Luoxin Pharmaceuticals Group Stock Co's Days Sales Outstanding falls into.

Luoxin Pharmaceuticals Group Stock 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.

Luoxin Pharmaceuticals Group Stock 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
=	( (868.642	+	504.542)	/	2 )	/	2363.867	*	365
=	686.592					/	2363.867	*	365
=	106.02

Luoxin Pharmaceuticals Group Stock 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
=	( (504.542	+	491.848)	/	2 )	/	688.729	*	365 / 4
=	498.195					/	688.729	*	365 / 4
=	66.01

Luoxin Pharmaceuticals Group Stock Co (SZSE:002793) Days Sales Outstanding Explanation

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

Luoxin Pharmaceuticals Group Stock Co Days Sales Outstanding Related Terms

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Luoxin Pharmaceuticals Group Stock Co (SZSE:002793) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Luoxin Pharmaceuticals Group Stock Co Ltd (SZSE:002793) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

85 Faraday Road, Floor 1-3, Building 1, Building 2, Pilot Free Trade Zone, Shanghai, CHN, 201203

Website

http://www.luoxin.cn

Luoxin Pharmaceuticals Group Stock Co Ltd is a pharmaceutical enterprise engaged in research and development, production, and trade of new drugs. It manufactures drugs for various diseases including tumor, respiratory, gastrointestinal, endocrine, cardiovascular, nervous system, antimicrobial infection, among others.

Executives

Ye Bang Mi	Supervisors
Fang Xiu Bao	Directors, executives
Zhu Fu Lin	Directors, executives
Chen Li	Supervisors
Yao Liang	Directors, executives

Luoxin Pharmaceuticals Group Stock Co (SZSE:002793) Headlines

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