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Lenovo Group (HKSE:00992) Days Sales Outstanding : 48.46 (As of Dec. 2023)


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What is Lenovo Group Days Sales Outstanding?

Lenovo Group's average Accounts Receivable for the three months ended in Dec. 2023 was HK$65,204 Mil. Lenovo Group's Revenue for the three months ended in Dec. 2023 was HK$122,778 Mil. Hence, Lenovo Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 48.46.

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

HKSE:00992' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.55   Med: 40.34   Max: 56.13
Current: 54.08

During the past 13 years, Lenovo Group's highest Days Sales Outstanding was 56.13. The lowest was 28.55. And the median was 40.34.

HKSE:00992's Days Sales Outstanding is ranked better than
73.82% of 2456 companies
in the Hardware industry
Industry Median: 75.045 vs HKSE:00992: 54.08

Lenovo Group's Days Sales Outstanding declined from Dec. 2022 (57.10) to Dec. 2023 (48.46).


Lenovo Group Days Sales Outstanding Historical Data

The historical data trend for Lenovo 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.

* Premium members only.

Lenovo Group Days Sales Outstanding Chart

Lenovo Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.58 46.77 44.05 49.76 56.13

Lenovo Group 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 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 57.10 61.69 54.34 48.21 48.46

Competitive Comparison of Lenovo Group's Days Sales Outstanding

For the Computer Hardware subindustry, Lenovo 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.


Lenovo Group's Days Sales Outstanding Distribution in the Hardware Industry

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

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



Lenovo 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.

Lenovo Group's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

Days Sales Outstanding (A: Mar. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )*Days in Period
=( (87533.62 + 62014.368) / 2 ) / 486202.273*365
=74773.994 / 486202.273*365
=56.13

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

Days Sales Outstanding (Q: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (60874.87 + 69532.25) / 2 ) / 122777.507*365 / 4
=65203.56 / 122777.507*365 / 4
=48.46

* 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.


Lenovo Group  (HKSE:00992) Days Sales Outstanding Explanation

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


Lenovo Group Days Sales Outstanding Related Terms

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Lenovo Group (HKSE:00992) Business Description

Traded in Other Exchanges
Address
979 King's Road, 23rd Floor, Lincoln House, Taikoo Place, Quarry Bay, Hong Kong, HKG
Lenovo is a global technology hardware company with a leading market share in personal computers. Its operations are divided into three main business segments: PC and smart devices, mobile, and data center, which we expect to account for 55%, 11%, and 19% of sales in the midterm, respectively. The firm has been actively growing its data center business, which primarily sells network servers to enterprise and hyperscale customers, as well as storage equipment through its mainland China joint venture with NetApp. Server-related revenue contribution has jumped to 16% of overall sales in fiscal 2022, from 6% in 2015.

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