Yonyou Network Technology Co (SHSE:600588) Days Sales Outstanding : 53.79 (As of Dec. 2023)

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What is Yonyou Network Technology Co Days Sales Outstanding?

Yonyou Network Technology Co's average Accounts Receivable for the three months ended in Dec. 2023 was ¥2,410 Mil. Yonyou Network Technology Co's Revenue for the three months ended in Dec. 2023 was ¥4,088 Mil. Hence, Yonyou Network Technology Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 53.79.

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

SHSE:600588' s Days Sales Outstanding Range Over the Past 10 Years
Min: 44.21 Med: 76.78 Max: 122.83
Current: 83.38

During the past 13 years, Yonyou Network Technology Co's highest Days Sales Outstanding was 122.83. The lowest was 44.21. And the median was 76.78.

SHSE:600588's Days Sales Outstanding is ranked worse than
68.27% of 2726 companies
in the Software industry
Industry Median: 62.175 vs SHSE:600588: 83.38

Yonyou Network Technology Co's Days Sales Outstanding increased from Dec. 2022 (49.02) to Dec. 2023 (53.79).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Yonyou Network Technology Co Days Sales Outstanding Historical Data

The historical data trend for Yonyou Network Technology Co'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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Yonyou Network Technology Co Days Sales Outstanding Chart

Yonyou Network Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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50.34

44.21

47.44

67.10

86.46

Yonyou Network Technology Co 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															49.02	131.11	102.17	86.56	53.79

Competitive Comparison of Yonyou Network Technology Co's Days Sales Outstanding

For the Software - Application subindustry, Yonyou Network Technology Co'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.

Yonyou Network Technology Co's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Yonyou Network Technology Co's Days Sales Outstanding falls into.

Yonyou Network Technology Co 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.

Yonyou Network Technology Co'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
=	( (2125.608	+	2515.167)	/	2 )	/	9796.072	*	365
=	2320.3875					/	9796.072	*	365
=	86.46

Yonyou Network Technology Co'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
=	( (2304.883	+	2515.167)	/	2 )	/	4088.332	*	365 / 4
=	2410.025					/	4088.332	*	365 / 4
=	53.79

Yonyou Network Technology Co (SHSE:600588) Days Sales Outstanding Explanation

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

Yonyou Network Technology Co Days Sales Outstanding Related Terms

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Yonyou Network Technology Co (SHSE:600588) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Yonyou Network Technology Co Ltd (SHSE:600588) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

No 68 Beiqing Road, Haidian District, UF Industrial Park, Beijing, CHN, 100094

Website

http://www.yonyou.com

Yonyou Network Technology Co Ltd develops and markets enterprise-wide business applications software, including financial, web-based, management, and security development software in China. The company also offers training programs.

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