Gansu Longshenrongfa Pharmaceutical Industry Co (SZSE:300534) Days Sales Outstanding : 81.51 (As of Mar. 2024)

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What is Gansu Longshenrongfa Pharmaceutical Industry Co Days Sales Outstanding?

Gansu Longshenrongfa Pharmaceutical Industry Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥228 Mil. Gansu Longshenrongfa Pharmaceutical Industry Co's Revenue for the three months ended in Mar. 2024 was ¥255 Mil. Hence, Gansu Longshenrongfa Pharmaceutical Industry Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 81.51.

The historical rank and industry rank for Gansu Longshenrongfa Pharmaceutical Industry Co's Days Sales Outstanding or its related term are showing as below:

SZSE:300534' s Days Sales Outstanding Range Over the Past 10 Years
Min: 57.86 Med: 170.41 Max: 288.44
Current: 84

During the past 13 years, Gansu Longshenrongfa Pharmaceutical Industry Co's highest Days Sales Outstanding was 288.44. The lowest was 57.86. And the median was 170.41.

SZSE:300534's Days Sales Outstanding is ranked worse than
63.16% of 999 companies
in the Drug Manufacturers industry
Industry Median: 71.7 vs SZSE:300534: 84.00

Gansu Longshenrongfa Pharmaceutical Industry Co's Days Sales Outstanding increased from Mar. 2023 (70.44) to Mar. 2024 (81.51).

Gansu Longshenrongfa Pharmaceutical Industry Co Days Sales Outstanding Historical Data

The historical data trend for Gansu Longshenrongfa Pharmaceutical Industry 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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Gansu Longshenrongfa Pharmaceutical Industry Co Days Sales Outstanding Chart

Gansu Longshenrongfa Pharmaceutical Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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256.13

237.36

187.44

80.27

74.11

Gansu Longshenrongfa Pharmaceutical Industry 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															70.44	77.52	102.84	78.60	81.51

Competitive Comparison of Gansu Longshenrongfa Pharmaceutical Industry Co's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, Gansu Longshenrongfa Pharmaceutical Industry 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.

Gansu Longshenrongfa Pharmaceutical Industry Co's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Gansu Longshenrongfa Pharmaceutical Industry Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Gansu Longshenrongfa Pharmaceutical Industry Co's Days Sales Outstanding falls into.

Gansu Longshenrongfa Pharmaceutical Industry 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.

Gansu Longshenrongfa Pharmaceutical Industry 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
=	( (215.55	+	223.014)	/	2 )	/	1080.05	*	365
=	219.282					/	1080.05	*	365
=	74.11

Gansu Longshenrongfa Pharmaceutical Industry 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
=	( (223.014	+	232.384)	/	2 )	/	254.914	*	365 / 4
=	227.699					/	254.914	*	365 / 4
=	81.51

Gansu Longshenrongfa Pharmaceutical Industry Co (SZSE:300534) Days Sales Outstanding Explanation

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

Gansu Longshenrongfa Pharmaceutical Industry Co Days Sales Outstanding Related Terms

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Gansu Longshenrongfa Pharmaceutical Industry Co (SZSE:300534) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Gansu Longshenrongfa Pharmaceutical Industry Co Ltd (SZSE:300534) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 10, Defence Road, Dingyuan Town, Gansu Province, Lanzhou, CHN, 730101

Website

http://www.lsrfzy.com

Gansu Longshenrongfa Pharmaceutical Industry Co Ltd is mainly engaged in the pharmaceutical business. It is engaged in the research and development of new drugs, traditional Chinese medicine processing and production. Its products portfolio includes Yuan Hu Zhitong Dripping Pills, Qiwei Wenyang Capsule and Xiaoshuan Tongluo Tablets. Its products are used to adjust gas, promote blood circulation, relieve pain, relieve cough, eliminate phlegm, relieve asthma, clear heat, and dispel dampness, among others.

Executives

Chen Yao Wu	Executives
Zhang Jin De	Director
Zhang Fan	Executives
Kong Jian Feng	Executives
Yue Qing Xin	Supervisors
Kang Yong Hong	Executives

Gansu Longshenrongfa Pharmaceutical Industry Co (SZSE:300534) Headlines

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