KE Holdings (KE Holdings) Days Sales Outstanding : 16.49 (As of Sep. 2023)

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What is KE Holdings Days Sales Outstanding?

KE Holdings's average Accounts Receivable for the three months ended in Sep. 2023 was $441 Mil. KE Holdings's Revenue for the three months ended in Sep. 2023 was $2,441 Mil. Hence, KE Holdings's Days Sales Outstanding for the three months ended in Sep. 2023 was 16.49.

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

BEKE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.62 Med: 44.31 Max: 53.68
Current: 19.62

During the past 6 years, KE Holdings's highest Days Sales Outstanding was 53.68. The lowest was 19.62. And the median was 44.31.

BEKE's Days Sales Outstanding is ranked better than
63.35% of 1667 companies
in the Real Estate industry
Industry Median: 36.2 vs BEKE: 19.62

KE Holdings's Days Sales Outstanding declined from Sep. 2022 (28.19) to Sep. 2023 (16.49).

KE Holdings Days Sales Outstanding Historical Data

The historical data trend for KE Holdings'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.

KE Holdings Days Sales Outstanding Chart

KE Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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39.12

45.66

53.68

50.09

42.96

KE Holdings 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	Get a 7-Day Free Trial															28.19	24.36	19.29	19.49	16.49

Competitive Comparison of KE Holdings's Days Sales Outstanding

For the Real Estate Services subindustry, KE Holdings'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.

KE Holdings's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, KE Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where KE Holdings's Days Sales Outstanding falls into.

KE Holdings 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.

KE Holdings'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
=	( (1464.047	+	584.566)	/	2 )	/	8702.15	*	365
=	1024.3065					/	8702.15	*	365
=	42.96

KE Holdings'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
=	( (502.373	+	379.686)	/	2 )	/	2440.525	*	365 / 4
=	441.0295					/	2440.525	*	365 / 4
=	16.49

KE Holdings (NYSE:BEKE) Days Sales Outstanding Explanation

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

KE Holdings Days Sales Outstanding Related Terms

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KE Holdings (KE Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » KE Holdings Inc (NYSE:BEKE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

02423:Hong Kong KE8:Germany

Address

No. 2 Chuangye Road, Oriental Electronic Technology Building, Haidian District, Beijing, CHN, 100086

Website

https://investors.ke.com

KE Holdings, or Beike, is a large residential real estate sales and rental brokerage company in China. Founded in 2001, the company operates through self-owned Lianjia stores in Beijing and Shanghai and connected third-party agencies including franchise brand Deyou in other cities, with commissions charged on existing home and new home transactions. Leveraging an online-offline hybrid model, Beike also attract clients through its namesake online marketplace. The company tapped into home renovation services by acquiring Shengdu Home Decoration in 2022. As at the end of 2022, Beike's cofounders collectively control the company, while Tencent and its affiliates share 8% of voting power.