Tencent Holdings (Tencent Holdings) Days Sales Outstanding

: 27.85 (As of Sep. 2023)

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Tencent Holdings's average Accounts Receivable for the three months ended in Sep. 2023 was $6,466 Mil. Tencent Holdings's Revenue for the three months ended in Sep. 2023 was $21,188 Mil. Hence, Tencent Holdings's Days Sales Outstanding for the three months ended in Sep. 2023 was 27.85.

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

TCEHY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 17.57 Med: 27.28 Max: 32.76
Current: 28.1

During the past 13 years, Tencent Holdings's highest Days Sales Outstanding was 32.76. The lowest was 17.57. And the median was 27.28.

TCEHY's Days Sales Outstanding is ranked better than
78.07% of 570 companies
in the Interactive Media industry
Industry Median: 45.965 vs TCEHY: 28.10

Tencent Holdings's Days Sales Outstanding declined from Sep. 2022 (31.49) to Sep. 2023 (27.85).

Tencent Holdings Days Sales Outstanding Historical Data

The historical data trend for Tencent Holdings'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.

Tencent Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

31.35

29.68

30.35

32.73

27.92

Tencent Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding																28.33	27.48	28.55	27.85	-

Competitive Comparison

For the Internet Content & Information subindustry, Tencent Holdings'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.

Tencent Holdings Days Sales Outstanding Distribution

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

* The bar in red indicates where Tencent Holdings's Days Sales Outstanding falls into.

Tencent Holdings 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.

Tencent Holdings'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
=	( (6521.652	+	6527.268)	/	2 )	/	85293.829	*	365
=	6524.46					/	85293.829	*	365
=	27.92

Tencent Holdings'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
=	( (6447.343	+	6485.016)	/	2 )	/	21187.602	*	365 / 4
=	6466.1795					/	21187.602	*	365 / 4
=	27.85

Tencent Holdings (OTCPK:TCEHY) Days Sales Outstanding Explanation

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

Tencent Holdings Days Sales Outstanding Related Terms

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Tencent Holdings (Tencent Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Tencent Holdings Ltd (OTCPK:TCEHY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

TCTZF:USA TCEHY:Mexico 00700:Hong Kong 0Z4S:UK NNN:Germany NNND:Austria

Address

No. 33 Haitian 2nd Road, Tencent Binhai Towers, Nanshan District, Shenzhen, CHN, 518054

Website

http://www.tencent.com

Tencent is arguably the most influential internet firm in China as one can hardly go by a day without using its products. Tencent is the world's largest video game vendor and owns the world's top-grossing mobile game--Honor of Kings. Tencent also runs China's largest social media super app--WeChat. The app is now part of the fabric of life for Chinese people who use it to chat, shop, watch videos, play games, order food and taxis, and more. Equally as impressive as its own portfolio, Tencent is also among the world's largest venture capital and investment corporations. The firm is now one of the largest shareholders in leading tech companies like Meituan, JD, DiDi, Snap, PDD, Kuaishou, Epic Games, and more.