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9F (JFU) Days Sales Outstanding : 79.51 (As of Jun. 2023)


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What is 9F Days Sales Outstanding?

9F's average Accounts Receivable for the six months ended in Jun. 2023 was $15.82 Mil. 9F's Revenue for the six months ended in Jun. 2023 was $36.32 Mil. Hence, 9F's Days Sales Outstanding for the six months ended in Jun. 2023 was 79.51.

The historical rank and industry rank for 9F's Days Sales Outstanding or its related term are showing as below:

JFU' s Days Sales Outstanding Range Over the Past 10 Years
Min: 10.21   Med: 19.16   Max: 88.94
Current: 88.94

During the past 7 years, 9F's highest Days Sales Outstanding was 88.94. The lowest was 10.21. And the median was 19.16.

JFU's Days Sales Outstanding is ranked worse than
71.42% of 2726 companies
in the Software industry
Industry Median: 62.195 vs JFU: 88.94

9F's Days Sales Outstanding increased from Jun. 2022 (60.79) to Jun. 2023 (79.51).


9F Days Sales Outstanding Historical Data

The historical data trend for 9F'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.

9F Days Sales Outstanding Chart

9F Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Sales Outstanding
Get a 7-Day Free Trial 16.21 19.16 44.01 29.63 59.78

9F Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.61 37.97 60.79 88.82 79.51

Competitive Comparison of 9F's Days Sales Outstanding

For the Information Technology Services subindustry, 9F'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.


9F's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, 9F's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where 9F's Days Sales Outstanding falls into.



9F 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.

9F'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
=( (13.16 + 13.229) / 2 ) / 80.564*365
=13.1945 / 80.564*365
=59.78

9F's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding (Q: Jun. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count ) / Revenue (A: Jun. 2023 )*Days in Period
=( (13.229 + 18.415) / 2 ) / 36.317*365 / 2
=15.822 / 36.317*365 / 2
=79.51

* 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.


9F  (NAS:JFU) Days Sales Outstanding Explanation

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


9F Days Sales Outstanding Related Terms

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9F (JFU) Business Description

Industry
Traded in Other Exchanges
N/A
Address
5 West Laiguangying Road, Room 1207, Building No. 5, Chaoyang District, Beijing, CHN, 100012
9F Inc is a financial account platform integrating and personalizing financial services in China. It provides a range of financial products and services across online lending, wealth management, and payment facilitation, all integrated under a single digital financial account. The company generates the majority of its revenue from Loan facilitation services. All its revenues are generated from the People's Republic of China.

9F (JFU) Headlines

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