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NetEase (NetEase) Days Sales Outstanding : 21.47 (As of Dec. 2023)


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What is NetEase Days Sales Outstanding?

NetEase's average Accounts Receivable for the three months ended in Dec. 2023 was $895 Mil. NetEase's Revenue for the three months ended in Dec. 2023 was $3,801 Mil. Hence, NetEase's Days Sales Outstanding for the three months ended in Dec. 2023 was 21.47.

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

NTES' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.99   Med: 23.19   Max: 33.73
Current: 20.79

During the past 13 years, NetEase's highest Days Sales Outstanding was 33.73. The lowest was 19.99. And the median was 23.19.

NTES's Days Sales Outstanding is ranked better than
85.69% of 573 companies
in the Interactive Media industry
Industry Median: 45.54 vs NTES: 20.79

NetEase's Days Sales Outstanding increased from Dec. 2022 (18.31) to Dec. 2023 (21.47).


NetEase Days Sales Outstanding Historical Data

The historical data trend for NetEase'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.

NetEase Days Sales Outstanding Chart

NetEase Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.41 20.97 20.76 20.86 20.37

NetEase Quarterly Data
Mar19 Jun19 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 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 18.31 20.10 22.18 19.97 21.47

Competitive Comparison of NetEase's Days Sales Outstanding

For the Electronic Gaming & Multimedia subindustry, NetEase'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.


NetEase's Days Sales Outstanding Distribution in the Interactive Media Industry

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

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



NetEase 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.

NetEase'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
=( (717.597 + 899.473) / 2 ) / 14490.933*365
=808.535 / 14490.933*365
=20.37

NetEase'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
=( (889.597 + 899.473) / 2 ) / 3801.037*365 / 4
=894.535 / 3801.037*365 / 4
=21.47

* 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.


NetEase  (NAS:NTES) Days Sales Outstanding Explanation

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


NetEase Days Sales Outstanding Related Terms

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NetEase (NetEase) Business Description

Address
No. 599 Wangshang Road, NetEase Building, Binjiang District, Hangzhou, CHN, 310052
NetEase, which started on an internet portal service in 1997, is a leading online services provider in China. Its key services include online/mobile games, cloud music, media, advertising, email, live streaming, online education, and e-commerce. The company develops and operates some of the China's most popular PC client and mobile games, and it partners with global leading game developers, such as Blizzard Entertainment and Mojang (a Microsoft subsidiary).