Shanda Games (Shanda Games) Days Sales Outstanding : 21.04 (As of Dec. 2014)

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What is Shanda Games Days Sales Outstanding?

Shanda Games's average Accounts Receivable for the six months ended in Dec. 2014 was $34.6 Mil. Shanda Games's Revenue for the six months ended in Dec. 2014 was $600.7 Mil. Hence, Shanda Games's Days Sales Outstanding for the six months ended in Dec. 2014 was 10.52.

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

GAME's Days Sales Outstanding is not ranked ^*
in the Interactive Media industry.
Industry Median: 45.54
* Ranked among companies with meaningful Days Sales Outstanding only.

Shanda Games's Days Sales Outstanding declined from Dec. 2012 (22.34) to Dec. 2014 (21.04).

Shanda Games Days Sales Outstanding Historical Data

The historical data trend for Shanda Games'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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Shanda Games Days Sales Outstanding Chart

Shanda Games Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Days Sales Outstanding

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2.69

18.14

22.34

12.52

21.04

Shanda Games Semi-Annual Data
	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14
Days Sales Outstanding	Get a 7-Day Free Trial			2.69	18.14	22.34	12.52	21.04

Competitive Comparison of Shanda Games's Days Sales Outstanding

For the Electronic Gaming & Multimedia subindustry, Shanda Games'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.

Shanda Games's Days Sales Outstanding Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Shanda Games's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shanda Games's Days Sales Outstanding falls into.

Shanda Games 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.

Shanda Games's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as

	Days Sales Outstanding (A: Dec. 2014 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2013 )	+	Accounts Receivable (A: Dec. 2014 ))	/	count )	/	Revenue (A: Dec. 2014 )	*	Days in Period
=	( (31.827	+	37.423)	/	2 )	/	600.68	*	365
=	34.625					/	600.68	*	365
=	21.04

Shanda Games's Days Sales Outstanding for the quarter that ended in Dec. 2014 is calculated as:

	Days Sales Outstanding (Q: Dec. 2014 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2013 )	+	Accounts Receivable (A: Dec. 2014 ))	/	count )	/	Revenue (A: Dec. 2014 )	*	Days in Period
=	( (31.827	+	37.423)	/	2 )	/	600.68	*	365 / 2
=	34.625					/	600.68	*	365 / 2
=	10.52

Shanda Games (NAS:GAME) Days Sales Outstanding Explanation

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

Shanda Games Days Sales Outstanding Related Terms

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Shanda Games (Shanda Games) Business Description

Industry

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Traded in Other Exchanges

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Address

Website

http://www.shandagames.com

Shanda Games Ltd was incorporated in the Cayman Islands on June 12, 2008. The Company is an online game company in China in terms of the size, diversity of its game portfolio, game revenues and game player base. It completed its initial public offering on September 30, 2009. It develop and source a broad array of game content through multiple channels, including in-house development, licensing, investment, acquisition, joint development and joint operation. As of March 31, 2015, it operated 35 MMO games and 29 mobile games in China and certain overseas markets. The games operated by the Company are: Mir II, BNB, Woool, Legend of Immortals, Age of Wushu, among others. It competes with other online game developers and operators in China, including Tencent Holdings Limited, NetEase, Inc., Changyou.com Limited, Perfect World Co., Ltd., Giant Interactive, Kingsoft, KongZhong Corporation, NetDragon Websoft, Inc. and The9 Limited.