VNET Group (VNET Group) Days Sales Outstanding

: 100.33 (As of Sep. 2023)

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VNET Group's average Accounts Receivable for the three months ended in Sep. 2023 was $284 Mil. VNET Group's Revenue for the three months ended in Sep. 2023 was $259 Mil. Hence, VNET Group's Days Sales Outstanding for the three months ended in Sep. 2023 was 100.33.

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

VNET' s Days Sales Outstanding Range Over the Past 10 Years
Min: 60.01 Med: 73.33 Max: 95.99
Current: 95.99

During the past 13 years, VNET Group's highest Days Sales Outstanding was 95.99. The lowest was 60.01. And the median was 73.33.

VNET's Days Sales Outstanding is ranked worse than
74.73% of 2723 companies
in the Software industry
Industry Median: 62.17 vs VNET: 95.99

VNET Group's Days Sales Outstanding increased from Sep. 2022 (88.36) to Sep. 2023 (100.33).

VNET Group Days Sales Outstanding Historical Data

The historical data trend for VNET Group'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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VNET Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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61.31

63.90

60.01

70.61

91.55

VNET Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															88.36	86.60	98.43	103.20	100.33

Competitive Comparison

For the Information Technology Services subindustry, VNET Group'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.

VNET Group Days Sales Outstanding Distribution

For the Software industry and Technology sector, VNET Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where VNET Group's Days Sales Outstanding falls into.

VNET Group 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.

VNET Group's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (236.238	+	272.116)	/	2 )	/	1013.416	*	365
=	254.177					/	1013.416	*	365
=	91.55

VNET Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (282.191	+	286.406)	/	2 )	/	258.557	*	365 / 4
=	284.2985					/	258.557	*	365 / 4
=	100.33

VNET Group (NAS:VNET) Days Sales Outstanding Explanation

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

VNET Group Days Sales Outstanding Related Terms

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VNET Group (VNET Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » VNET Group Inc (NAS:VNET) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

217A:Germany

Address

No. 10 Jiuxianqiao East Road, Guanjie Building Southeast 1st Floor, Chaoyang District, Beijing, CHN, 100016

Website

https://www.vnet.com

VNET started as AsiaCloud in 1999 and moved to the data center business with its first self-developed data center opening in 2010. The firm listed (as 21Vianet) on the Nasdaq in April 2011, subsequently changing its name to VNET Group in 2021. It originally focused on providing data center services such as colocation and cloud services to retail clients in China, but added hyperscale customers in 2019 and now counts large Chinese hyperscalers such as Alibaba Cloud, Tencent Cloud, and Huawei Cloud as customers. At end-September 2023 it had 84,608 self-built cabinets with the majority in Beijing, Shanghai, and the Greater Bay area. It also operated partnered data centers with around 4,314 cabinets and had 476 MW of wholesale capacity contracted or under a memorandum of understanding.