Meituan (Meituan) Days Sales Outstanding

: 3.47 (As of Dec. 2023)

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Meituan's average Accounts Receivable for the three months ended in Dec. 2023 was $393 Mil. Meituan's Revenue for the three months ended in Dec. 2023 was $10,321 Mil. Hence, Meituan's Days Sales Outstanding for the three months ended in Dec. 2023 was 3.47.

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

MPNGY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.16 Med: 3.19 Max: 25.29
Current: 3.3

During the past 9 years, Meituan's highest Days Sales Outstanding was 25.29. The lowest was 2.16. And the median was 3.19.

MPNGY's Days Sales Outstanding is ranked better than
88.15% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 17.665 vs MPNGY: 3.30

Meituan's Days Sales Outstanding increased from Dec. 2022 (3.12) to Dec. 2023 (3.47).

Meituan Days Sales Outstanding Historical Data

The historical data trend for Meituan'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.

Meituan Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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2.16

2.64

2.85

3.33

3.20

Meituan Quarterly Data
	Apr18	Dec18	Jun19	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															3.12	3.37	3.24	3.23	3.47

Competitive Comparison

For the Internet Retail subindustry, Meituan'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.

Meituan Days Sales Outstanding Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Meituan's Days Sales Outstanding distribution charts can be found below:

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

Meituan 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.

Meituan'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
=	( (294.438	+	384.163)	/	2 )	/	38758.712	*	365
=	339.3005					/	38758.712	*	365
=	3.20

Meituan'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
=	( (401.841	+	384.163)	/	2 )	/	10321.273	*	365 / 4
=	393.002					/	10321.273	*	365 / 4
=	3.47

Meituan (OTCPK:MPNGY) Days Sales Outstanding Explanation

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

Meituan Days Sales Outstanding Related Terms

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Meituan (Meituan) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Meituan (OTCPK:MPNGY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

MPNGF:USA 03690:Hong Kong 9MD:Germany

Address

No. 4 Wang Jing East Road, Block B and C, Hengjiweiye Building, Chaoyang District, Beijing, CHN, 100102

Website

https://about.meituan.com

Meituan is the largest food delivery service in China, with a 70.7% share of the market in 2020 per the Chinese government. For the quarter-ended Sept. 30, 2021, the firm generated 54.2% of revenue from food delivery services, 17.7% from hotel booking, coupon sales, advertising, and 28.1% from new initiatives. In the long term, its new initiatives business may transform the company into an all-encompassing grocer and logistics business involving community group buying, nonfood delivery, and online grocery, overtaking food delivery as its main business.