Trip.com Group (Trip.com Group) Days Sales Outstanding : 78.82 (As of Sep. 2023)

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What is Trip.com Group Days Sales Outstanding?

Trip.com Group's average Accounts Receivable for the three months ended in Sep. 2023 was $1,626 Mil. Trip.com Group's Revenue for the three months ended in Sep. 2023 was $1,883 Mil. Hence, Trip.com Group's Days Sales Outstanding for the three months ended in Sep. 2023 was 78.82.

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

TCOM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 62.36 Med: 81.37 Max: 112.21
Current: 81.75

During the past 13 years, Trip.com Group's highest Days Sales Outstanding was 112.21. The lowest was 62.36. And the median was 81.37.

TCOM's Days Sales Outstanding is ranked worse than
86.38% of 800 companies
in the Travel & Leisure industry
Industry Median: 29.83 vs TCOM: 81.75

Trip.com Group's Days Sales Outstanding increased from Sep. 2022 (78.51) to Sep. 2023 (78.82).

Trip.com Group Days Sales Outstanding Historical Data

The historical data trend for Trip.com Group'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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Trip.com Group Days Sales Outstanding Chart

Trip.com Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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68.75

112.21

78.94

96.31

69.82

Trip.com Group 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															105.24	72.81	82.39	78.82	105.95

Competitive Comparison of Trip.com Group's Days Sales Outstanding

For the Travel Services subindustry, Trip.com Group'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.

Trip.com Group's Days Sales Outstanding Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Trip.com Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Trip.com Group's Days Sales Outstanding falls into.

Trip.com Group 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.

Trip.com Group'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
=	( (729.908	+	786.896)	/	2 )	/	2874.335	*	365
=	758.402					/	2874.335	*	365
=	96.31

Trip.com Group'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
=	( (1492.585	+	1760.095)	/	2 )	/	1882.733	*	365 / 4
=	1626.34					/	1882.733	*	365 / 4
=	78.82

Trip.com Group (NAS:TCOM) Days Sales Outstanding Explanation

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

Trip.com Group Days Sales Outstanding Related Terms

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Trip.com Group (Trip.com Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Trip.com Group Ltd (NAS:TCOM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

TRPCF:USA 09961:Hong Kong 0I50:UK CLVB:Germany CLVB:Germany CLV:Germany CLV:Germany CRIP34:Brazil

Address

968 Jin Zhong Road, Shanghai, CHN, 200335

Website

https://www.ctrip.com

Trip.com is the largest online travel agent in China and is positioned to benefit from the country's rising demand for higher-margin outbound travel as passport penetration is only 12% in China. The company generated about 78% of sales from accommodation reservations and transportation ticketing in 2020. The rest of revenue comes from package tours and corporate travel. Prior to the pandemic in 2019, the company generated 25% of revenue from international business, which is important to its margin expansion. Most of sales come from websites and mobile platforms, while the rest come from call centers. The competes in a crowded OTA industry in China, including Meituan, Alibaba-backed Fliggy, Tongcheng, and Qunar. The company was founded in 1999 and listed on the Nasdaq in December 2003.