Kuaishou Technology (HKSE:01024) Days Sales Outstanding : 16.86 (As of Dec. 2023)

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

What is Kuaishou Technology Days Sales Outstanding?

Kuaishou Technology's average Accounts Receivable for the three months ended in Dec. 2023 was HK$6,582 Mil. Kuaishou Technology's Revenue for the three months ended in Dec. 2023 was HK$35,615 Mil. Hence, Kuaishou Technology's Days Sales Outstanding for the three months ended in Dec. 2023 was 16.86.

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

HKSE:01024' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.44 Med: 10.77 Max: 21.64
Current: 18.58

During the past 7 years, Kuaishou Technology's highest Days Sales Outstanding was 21.64. The lowest was 2.44. And the median was 10.77.

HKSE:01024's Days Sales Outstanding is ranked better than
87.96% of 573 companies
in the Interactive Media industry
Industry Median: 45.47 vs HKSE:01024: 18.58

Kuaishou Technology's Days Sales Outstanding declined from Dec. 2022 (17.31) to Dec. 2023 (16.86).

Kuaishou Technology Days Sales Outstanding Historical Data

The historical data trend for Kuaishou 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.

Kuaishou Technology Days Sales Outstanding Chart

Kuaishou Technology Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

5.78

10.77

15.31

21.64

20.71

Kuaishou Technology Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															17.31	20.41	17.37	17.99	16.86

Competitive Comparison of Kuaishou Technology's Days Sales Outstanding

For the Internet Content & Information subindustry, Kuaishou 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.

Kuaishou Technology's Days Sales Outstanding Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Kuaishou Technology's Days Sales Outstanding distribution charts can be found below:

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

Kuaishou 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.

Kuaishou Technology's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (7021.902	+	7062.53)	/	2 )	/	124111.09	*	365
=	7042.216					/	124111.09	*	365
=	20.71

Kuaishou Technology's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (6100.478	+	7062.53)	/	2 )	/	35614.534	*	365 / 4
=	6581.504					/	35614.534	*	365 / 4
=	16.86

Kuaishou Technology (HKSE:01024) Days Sales Outstanding Explanation

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

Kuaishou Technology Days Sales Outstanding Related Terms

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

Kuaishou Technology (HKSE:01024) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Kuaishou Technology (HKSE:01024) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

KSHTY:USA KUASF:USA 5Y0:Germany 5Y0:Germany

Address

No. 6, Shangdi West Road, Building 1, Haidian District, Beijing, CHN, 100085

Website

https://www.kuaishou.com

Kuaishou Technology is a social media platform on which users can share short-form videos that are up to 5 minutes long. The audience engages with the platform by looking at different videos on demand at any time, similar to TikTok. About 52% of revenue is generated from advertising, mainly in the form of targeted ads related to the video content—known as closed-loop ads—but also from outside unrelated brands. Kuaishou also generates livestream revenue by selling virtual gifts to fans that are donated to performers. It also has livestreaming e-commerce, where users purchase products related to the video, generating commission from each transaction. Kuaishou competes mainly with ByteDance's Douyin, as both are short-form video platforms. Tencent owns 19% of Kuaishou.

Kuaishou Technology (HKSE:01024) Headlines

No Headlines