GURUFOCUS.COM » STOCK LIST » Technology » Software » Maiyue Technology Ltd (HKSE:02501) » Definitions » Days Sales Outstanding

Maiyue Technology (HKSE:02501) Days Sales Outstanding : 263.69 (As of Dec. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Maiyue Technology Days Sales Outstanding?

Maiyue Technology's average Accounts Receivable for the six months ended in Dec. 2024 was HK$389.8 Mil. Maiyue Technology's Revenue for the six months ended in Dec. 2024 was HK$269.8 Mil. Hence, Maiyue Technology's Days Sales Outstanding for the six months ended in Dec. 2024 was 263.69.

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

HKSE:02501' s Days Sales Outstanding Range Over the Past 10 Years
Min: 219.1   Med: 314.2   Max: 507.88
Current: 469.78

During the past 5 years, Maiyue Technology's highest Days Sales Outstanding was 507.88. The lowest was 219.10. And the median was 314.20.

HKSE:02501's Days Sales Outstanding is ranked worse than
97.18% of 2733 companies
in the Software industry
Industry Median: 62.97 vs HKSE:02501: 469.78

Maiyue Technology's Days Sales Outstanding increased from Dec. 2023 (246.46) to Dec. 2024 (263.69).

Warning Sign:

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


Maiyue Technology Days Sales Outstanding Historical Data

The historical data trend for Maiyue Technology'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.

Maiyue Technology Days Sales Outstanding Chart

Maiyue Technology Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Days Sales Outstanding
219.10 290.49 314.20 370.65 507.88

Maiyue Technology Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Days Sales Outstanding Get a 7-Day Free Trial - 1,884.70 246.46 2,579.49 263.69

Competitive Comparison of Maiyue Technology's Days Sales Outstanding

For the Information Technology Services subindustry, Maiyue Technology'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.


Maiyue Technology's Days Sales Outstanding Distribution in the Software Industry

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

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


;
;

Maiyue Technology 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.

Maiyue Technology's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

Days Sales Outstanding (A: Dec. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )*Days in Period
=( (353.684 + 462.579) / 2 ) / 293.313*365
=408.1315 / 293.313*365
=507.88

Maiyue Technology's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding (Q: Dec. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )*Days in Period
=( (317.039 + 462.579) / 2 ) / 269.782*365 / 2
=389.809 / 269.782*365 / 2
=263.69

* 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.


Maiyue Technology  (HKSE:02501) Days Sales Outstanding Explanation

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


Maiyue Technology Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Maiyue Technology's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Maiyue Technology Business Description

Traded in Other Exchanges
N/A
Address
9 Gehai Road, Room 912, 9th Floor, Office Area, Block B, East Tower, Guangxi, Guangxi Sports Centre Supporting Project Complex, Nanning, CHN
Maiyue Technology Ltd is principally engaged in the provision of integrated Information Technology (IT) solution services, sales of hardware and software, warranty, upgrade, technical guidance, and maintenance service for customers. It operates its businesses through three segments: Provision of integrated IT solution services segment is mainly engaged in the design and implementation of the solution, sales of related software and hardware to customers, and follow-up maintenance; Sales of hardware and software segment mainly includes solely the sales of hardware and the sales of self-developed software; and Provision of standalone IT services segment is mainly involved in maintenance service, system upgrade, warranty service, software installation, and technology consulting service.
Executives
Ye Shanmin 2201 Interest of corporation controlled by you
Chan Eong Liat Jason 2201 Interest of corporation controlled by you
Deep Blue Ocean Electronics Technology Limited 2101 Beneficial owner
Deng Caidie 2201 Interest of corporation controlled by you
He Deling 2202 Interest of your spouse
Kong Xiaoyan 2202 Interest of your spouse
Li Changqing 2201 Interest of corporation controlled by you
Wang Yufei 2201 Interest of corporation controlled by you
Xu Tao 2202 Interest of your spouse
Yang Zihan 2202 Interest of your spouse
Zhang Guangbai 2201 Interest of corporation controlled by you
Canwest Profits Limited 2101 Beneficial owner
Ng Ling Ling 2202 Interest of your spouse
Koh Lik Ching 2202 Interest of your spouse
Million Oak Limited 2101 Beneficial owner

Maiyue Technology Headlines

No Headlines