37 Interactive Entertainment Network Technology Group Co (SZSE:002555) Days Sales Outstanding

: 30.89 (As of Sep. 2023)

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37 Interactive Entertainment Network Technology Group Co's average Accounts Receivable for the three months ended in Sep. 2023 was ¥1,450 Mil. 37 Interactive Entertainment Network Technology Group Co's Revenue for the three months ended in Sep. 2023 was ¥4,282 Mil. Hence, 37 Interactive Entertainment Network Technology Group Co's Days Sales Outstanding for the three months ended in Sep. 2023 was 30.89.

The historical rank and industry rank for 37 Interactive Entertainment Network Technology Group Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002555' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.34 Med: 40.43 Max: 90.07
Current: 30.72

During the past 13 years, 37 Interactive Entertainment Network Technology Group Co's highest Days Sales Outstanding was 90.07. The lowest was 27.34. And the median was 40.43.

SZSE:002555's Days Sales Outstanding is ranked better than
74.21% of 570 companies
in the Interactive Media industry
Industry Median: 45.965 vs SZSE:002555: 30.72

37 Interactive Entertainment Network Technology Group Co's Days Sales Outstanding declined from Sep. 2022 (35.16) to Sep. 2023 (30.89).

37 Interactive Entertainment Network Technology Group Co Days Sales Outstanding Historical Data

The historical data trend for 37 Interactive Entertainment Network Technology Group 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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37 Interactive Entertainment Network Technology Group Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

53.18

36.25

31.08

27.34

30.01

37 Interactive Entertainment Network Technology Group Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding																35.16	26.09	35.02	32.98	30.89

Competitive Comparison

For the Electronic Gaming & Multimedia subindustry, 37 Interactive Entertainment Network Technology Group 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.

37 Interactive Entertainment Network Technology Group Co Days Sales Outstanding Distribution

For the Interactive Media industry and Communication Services sector, 37 Interactive Entertainment Network Technology Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where 37 Interactive Entertainment Network Technology Group Co's Days Sales Outstanding falls into.

37 Interactive Entertainment Network Technology Group 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.

37 Interactive Entertainment Network Technology Group Co'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
=	( (1264.319	+	1433.564)	/	2 )	/	16406.034	*	365
=	1348.9415					/	16406.034	*	365
=	30.01

37 Interactive Entertainment Network Technology Group Co'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
=	( (1432.993	+	1466.571)	/	2 )	/	4282.389	*	365 / 4
=	1449.782					/	4282.389	*	365 / 4
=	30.89

37 Interactive Entertainment Network Technology Group Co (SZSE:002555) Days Sales Outstanding Explanation

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

37 Interactive Entertainment Network Technology Group Co Days Sales Outstanding Related Terms

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37 Interactive Entertainment Network Technology Group Co (SZSE:002555) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » 37 Interactive Entertainment Network Technology Group Co Ltd (SZSE:002555) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Middle Beijing Road, 11th Floor, Creative Advertising Complex, Wuhu Advertising Industrial Park, Anhui Province, Wuhu, CHN, 241000

Website

http://www.37entertainment.net

37 Interactive Entertainment Network Technology Group Co Ltd is involved in interactive entertainment business mainly focuses on the research, development, publishing, and operation of mobile games and browser games, while arranging pan-entertainment business including film and TV, animation, music. The company steadily promoted the development strategy of platformization, globalization, and pan-entertainment for interactive entertainment business based on IP.

37 Interactive Entertainment Network Technology Group Co (SZSE:002555) Headlines

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