Weimob (HKSE:02013) Days Sales Outstanding : 63.96 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Weimob Days Sales Outstanding?

Weimob's average Accounts Receivable for the six months ended in Dec. 2023 was HK$390 Mil. Weimob's Revenue for the six months ended in Dec. 2023 was HK$1,114 Mil. Hence, Weimob's Days Sales Outstanding for the six months ended in Dec. 2023 was 63.96.

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

HKSE:02013' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.3 Med: 28.05 Max: 71.88
Current: 57.91

During the past 9 years, Weimob's highest Days Sales Outstanding was 71.88. The lowest was 1.30. And the median was 28.05.

HKSE:02013's Days Sales Outstanding is ranked better than
54.58% of 2732 companies
in the Software industry
Industry Median: 61.815 vs HKSE:02013: 57.91

Weimob's Days Sales Outstanding increased from Dec. 2022 (59.99) to Dec. 2023 (63.96).

Weimob Days Sales Outstanding Historical Data

The historical data trend for Weimob'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.

Weimob Days Sales Outstanding Chart

Weimob Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

28.05

35.89

54.41

71.88

56.74

Weimob Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial											52.66	64.03	59.99	53.90	63.96

Competitive Comparison of Weimob's Days Sales Outstanding

For the Software - Application subindustry, Weimob'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.

Weimob's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Weimob's Days Sales Outstanding distribution charts can be found below:

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

Weimob 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.

Weimob'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
=	( (379.243	+	378.294)	/	2 )	/	2436.594	*	365
=	378.7685					/	2436.594	*	365
=	56.74

Weimob'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
=	( (402.307	+	378.294)	/	2 )	/	1113.592	*	365 / 2
=	390.3005					/	1113.592	*	365 / 2
=	63.96

Weimob (HKSE:02013) Days Sales Outstanding Explanation

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

Weimob Days Sales Outstanding Related Terms

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

Weimob (HKSE:02013) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Weimob Inc (HKSE:02013) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

36W:Germany

Address

258 Changjiang Road, Weimob Building, Baoshan District, Shanghai, CHN

Website

https://www.weimob.com

Weimob Inc is a provider of cloud business and marketing solutions for small and medium-sized enterprises in China. The company operates in three segments: Subscription solutions, Merchant solutions, and Digital media. It provides SaaS and other software in its Subscription Solutions segment for e-commerce, Retail, catering, hotel, local life, and other industries, enabling merchants to carry out private traffic management. The company helps merchants obtain public domain traffic and support them to achieve digital upgrade with full chain services and operations through its Merchant Solutions segment. Digital Media mainly comprises its advertisement placement services offered to certain merchants.

Weimob (HKSE:02013) Headlines

No Headlines