Meiwu Technology Co (Meiwu Technology Co) Days Sales Outstanding : 77.31 (As of Jun. 2023)

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What is Meiwu Technology Co Days Sales Outstanding?

Meiwu Technology Co's average Accounts Receivable for the six months ended in Jun. 2023 was $4.53 Mil. Meiwu Technology Co's Revenue for the six months ended in Jun. 2023 was $10.68 Mil. Hence, Meiwu Technology Co's Days Sales Outstanding for the six months ended in Jun. 2023 was 77.31.

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

WNW' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.26 Med: 13 Max: 74.4
Current: 58.98

During the past 5 years, Meiwu Technology Co's highest Days Sales Outstanding was 74.40. The lowest was 7.26. And the median was 13.00.

WNW's Days Sales Outstanding is ranked worse than
82.11% of 1079 companies
in the Retail - Cyclical industry
Industry Median: 17.5 vs WNW: 58.98

Meiwu Technology Co's Days Sales Outstanding declined from Jun. 2022 (103.15) to Jun. 2023 (77.31).

Meiwu Technology Co Days Sales Outstanding Historical Data

The historical data trend for Meiwu 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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Meiwu Technology Co Days Sales Outstanding Chart

Meiwu Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

7.26

13.00

74.40

Meiwu Technology Co Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial					10.71	16.60	103.15	45.83	77.31

Competitive Comparison of Meiwu Technology Co's Days Sales Outstanding

For the Internet Retail subindustry, Meiwu 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.

Meiwu Technology Co's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

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

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

Meiwu 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.

Meiwu Technology 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
=	( (0.433	+	4.043)	/	2 )	/	10.979	*	365
=	2.238					/	10.979	*	365
=	74.40

Meiwu Technology Co's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (4.043	+	5.008)	/	2 )	/	10.683	*	365 / 2
=	4.5255					/	10.683	*	365 / 2
=	77.31

Meiwu Technology Co (NAS:WNW) Days Sales Outstanding Explanation

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

Meiwu Technology Co Days Sales Outstanding Related Terms

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Meiwu Technology Co (Meiwu Technology Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Meiwu Technology Co Ltd (NAS:WNW) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 743 Zhoushi Road, Hangcheng Street, 1602, Building C, Shenye Century Industrial Center, Bao’an District, Shenzhen, CHN

Website

https://www.wnw108.com

Meiwu Technology Co Ltd operates as an online food retail store and franchise restaurants in China. The products offered include green food, organic food, intangible cultural heritage food products, agricultural products bearing geographical indications, and pollution-free products. It operates in three segments: Clean Food Platform, which generates nearly all of its revenue; Restaurant; and Others.