Meitu (HKSE:01357) Days Sales Outstanding : 44.13 (As of Dec. 2023)

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What is Meitu Days Sales Outstanding?

Meitu's average Accounts Receivable for the six months ended in Dec. 2023 was HK$379 Mil. Meitu's Revenue for the six months ended in Dec. 2023 was HK$1,569 Mil. Hence, Meitu's Days Sales Outstanding for the six months ended in Dec. 2023 was 44.13.

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

HKSE:01357' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.06 Med: 89.98 Max: 281.58
Current: 47.47

During the past 11 years, Meitu's highest Days Sales Outstanding was 281.58. The lowest was 12.06. And the median was 89.98.

HKSE:01357's Days Sales Outstanding is ranked worse than
52.1% of 572 companies
in the Interactive Media industry
Industry Median: 45.21 vs HKSE:01357: 47.47

Meitu's Days Sales Outstanding declined from Dec. 2022 (115.93) to Dec. 2023 (44.13).

Meitu Days Sales Outstanding Historical Data

The historical data trend for Meitu'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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Meitu Days Sales Outstanding Chart

Meitu Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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281.58

200.42

186.46

129.46

50.49

Meitu Semi-Annual Data
	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															220.37	196.34	115.93	48.06	44.13

Competitive Comparison of Meitu's Days Sales Outstanding

For the Internet Content & Information subindustry, Meitu'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.

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

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

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

Meitu 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.

Meitu'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
=	( (391.557	+	424.109)	/	2 )	/	2948.541	*	365
=	407.833					/	2948.541	*	365
=	50.49

Meitu'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (334.851	+	424.109)	/	2 )	/	1569.416	*	365 / 2
=	379.48					/	1569.416	*	365 / 2
=	44.13

Meitu (HKSE:01357) Days Sales Outstanding Explanation

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

Meitu Days Sales Outstanding Related Terms

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Meitu (HKSE:01357) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Meitu Inc (HKSE:01357) » Definitions » Days Sales Outstanding

Comparable Companies

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MEIUF:USA M5U:Germany

Address

No. 2557 Binhai West Avenue, Meitu Tower, Building 2, Meifeng Innovation Valley, Tong’an District, Xiamen, Fujian, CHN

Website

https://www.meitu.com

Meitu Inc is an investment holding company. It is engaged in the provision of online advertising and other Internet value-added services by offering a portfolio of photo and community apps that enjoys popularity in the PRC and overseas and the smart hardware business involving the production of MeituEve: a commercial artificial intelligence skin analyser, MeituKey: a contact skin analyser, MeituSpa: an artificial intelligence cleansing brush and Meitu Genius: an artificial intelligence smart mirror. The company operates in one operating segment including internet business that consists of online advertising and internet value-added services.

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