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Midea Group Co (SZSE:000333) Days Sales Outstanding : 30.01 (As of Mar. 2025)


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What is Midea Group Co Days Sales Outstanding?

Midea Group Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥42,233 Mil. Midea Group Co's Revenue for the three months ended in Mar. 2025 was ¥128,428 Mil. Hence, Midea Group Co's Days Sales Outstanding for the three months ended in Mar. 2025 was 30.01.

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

SZSE:000333' s Days Sales Outstanding Range Over the Past 10 Years
Min: 23.37   Med: 26.22   Max: 34.76
Current: 34.76

During the past 13 years, Midea Group Co's highest Days Sales Outstanding was 34.76. The lowest was 23.37. And the median was 26.22.

SZSE:000333's Days Sales Outstanding is ranked better than
75.23% of 432 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 50.965 vs SZSE:000333: 34.76

Midea Group Co's Days Sales Outstanding declined from Mar. 2024 (31.22) to Mar. 2025 (30.01).


Midea Group Co Days Sales Outstanding Historical Data

The historical data trend for Midea 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.

* Premium members only.

Midea Group Co Days Sales Outstanding Chart

Midea Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.60 25.31 27.91 29.85 30.64

Midea Group Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.22 34.26 36.05 37.39 30.01

Competitive Comparison of Midea Group Co's Days Sales Outstanding

For the Furnishings, Fixtures & Appliances subindustry, Midea 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.


Midea Group Co's Days Sales Outstanding Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Midea Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Midea Group Co's Days Sales Outstanding falls into.


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Midea 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.

Midea Group Co'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
=( (32884.739 + 35798.974) / 2 ) / 409084.266*365
=34341.8565 / 409084.266*365
=30.64

Midea Group Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding (Q: Mar. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Mar. 2025 )) / count ) / Revenue (A: Mar. 2025 )*Days in Period
=( (35798.974 + 48667.141) / 2 ) / 128428.421*365 / 4
=42233.0575 / 128428.421*365 / 4
=30.01

* 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.


Midea Group Co  (SZSE:000333) Days Sales Outstanding Explanation

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


Midea Group Co Days Sales Outstanding Related Terms

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Midea Group Co Business Description

Traded in Other Exchanges
Address
No. 6 Midea Avenue, Beijiao Town, Midea Headquarters Building, Guangdong Province, Shunde District, Foshan, CHN, 528311
Midea Group Co., Ltd. is one of the largest household appliance manufacturers in China, with key products such as air conditioners, refrigerators, washing machines and small household appliances. It is consistently ranked as one of the top three players in China by retail sales in most home appliance categories. The firm also engages in industrial automation and robotics systems through wholly owned Kuka, a global market leader based in Germany. Heating, ventilation, and air conditioning, or HVAC, products generally contribute the most to Midea's revenue, followed by other consumer appliances, and robotics and automation systems. In addition, Midea generates around 40% of sales outside of China.
Executives
Li Guo Lin Executives
Zhang Xiao Yi Executives
Fang Hong Bo Directors, executives
Jiang Peng Secretary Dong
Liang Hui Ming Supervisors
Ou Yun Bin Securities Affairs Representative
Xiang Wei Min Executives
He Jian Feng Director
Zhu Feng Tao Executives
Mai Yu Fen Supervisors
Zhao Jun Supervisors
Li Jian Wei Director
Cai Qi Wu Directors, executives
Huang Xiao Ming Directors, executives
Yuan Li Qun Directors, executives

Midea Group Co Headlines

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