PDD Holdings (PDD Holdings) Days Sales Outstanding : 3.29 (As of Dec. 2023)

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What is PDD Holdings Days Sales Outstanding?

PDD Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was $449 Mil. PDD Holdings's Revenue for the three months ended in Dec. 2023 was $12,448 Mil. Hence, PDD Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 3.29.

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

PDD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.85 Med: 4.98 Max: 10.25
Current: 2.74

During the past 8 years, PDD Holdings's highest Days Sales Outstanding was 10.25. The lowest was 1.85. And the median was 4.98.

PDD's Days Sales Outstanding is ranked better than
90.28% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 17.675 vs PDD: 2.74

PDD Holdings's Days Sales Outstanding increased from Dec. 2022 (1.22) to Dec. 2023 (3.29).

PDD Holdings Days Sales Outstanding Historical Data

The historical data trend for PDD 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.

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PDD Holdings Days Sales Outstanding Chart

PDD Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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7.89

5.24

2.69

1.85

3.33

PDD Holdings 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															1.22	1.54	1.99	2.74	3.29

Competitive Comparison of PDD Holdings's Days Sales Outstanding

For the Internet Retail subindustry, PDD 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.

PDD Holdings's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

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

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

PDD 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.

PDD Holdings'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
=	( (84.297	+	548.18)	/	2 )	/	34682.391	*	365
=	316.2385					/	34682.391	*	365
=	3.33

PDD Holdings'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
=	( (349.023	+	548.18)	/	2 )	/	12447.976	*	365 / 4
=	448.6015					/	12447.976	*	365 / 4
=	3.29

PDD Holdings (NAS:PDD) Days Sales Outstanding Explanation

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

PDD Holdings Days Sales Outstanding Related Terms

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PDD Holdings (PDD Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » PDD Holdings Inc (NAS:PDD) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

PDD:Mexico 0A2S:UK 9PDA:Germany 9PDA:Germany P1DD34:Brazil

Address

First Floor, 25 St Stephen’s Green, Dublin 2,, Dublin 2, IRL, D02 XF99

Website

https://www.pddholdings.com

PDD Holdings (Nasdaq: PDD) is a multinational commerce group that owns and operates a portfolio of businesses. PDD Holdings aims to bring more businesses and people into the digital economy so that local communities and small businesses can benefit from the increased productivity and new opportunities. PDD Holdings has built a network of sourcing, logistics, and fulfilment capabilities, that support its underlying businesses.