DiDi Global (DiDi Global) Receivables Turnover : 15.54 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is DiDi Global Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. DiDi Global's Revenue for the three months ended in Dec. 2023 was $6,921 Mil. DiDi Global's average Accounts Receivable for the three months ended in Dec. 2023 was $445 Mil. Hence, DiDi Global's Receivables Turnover for the three months ended in Dec. 2023 was 15.54.

DiDi Global Receivables Turnover Historical Data

The historical data trend for DiDi Global's Receivables Turnover 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.

DiDi Global Receivables Turnover Chart

DiDi Global Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

70.10

57.41

66.79

52.63

68.78

DiDi Global Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial											-	14.13	16.82	16.16	15.54

Competitive Comparison of DiDi Global's Receivables Turnover

For the Software - Application subindustry, DiDi Global's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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.

DiDi Global's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, DiDi Global's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where DiDi Global's Receivables Turnover falls into.

DiDi Global Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

DiDi Global's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	26943.211	/ (	(322.968	+	460.437)	/	2 )
=	26943.211	/	391.7025
=	68.78

DiDi Global's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	6921.235	/ (	(430.084	+	460.437)	/	2 )
=	6921.235	/	445.2605
=	15.54

DiDi Global (OTCPK:DIDIY) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

DiDi Global Receivables Turnover Related Terms

Thank you for viewing the detailed overview of DiDi Global's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

DiDi Global (DiDi Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » DiDi Global Inc (OTCPK:DIDIY) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

92S:Germany

Address

North Ring Road, Tangjialing, Building 1, Yard 6, Haidian District, Beijing, CHN

Website

https://www.didiglobal.com

DiDi Global Inc is a mobility technology platform. It is building four key components of its platform that work together to improve the consumer experience: shared mobility, auto solutions, electric mobility, and autonomous driving. It is a go-to brand in China for shared mobility, providing consumers with a range of safe, affordable, and convenient mobility services, including ride-hailing, taxi-hailing, chauffeur, hitch, and other forms of shared mobility. The company operates in three segments: China Mobility, which mainly includes ride-hailing services to riders, and also acts as an agent by connecting end-users to service providers who provide taxi hailing, chauffeur, hitch, and other services; International; and Other Initiatives.