Vobile Group (HKSE:03738) Days Sales Outstanding : 184.25 (As of Dec. 2023)

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What is Vobile Group Days Sales Outstanding?

Vobile Group's average Accounts Receivable for the six months ended in Dec. 2023 was HK$1,008 Mil. Vobile Group's Revenue for the six months ended in Dec. 2023 was HK$998 Mil. Hence, Vobile Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 184.25.

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

HKSE:03738' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50.88 Med: 108.32 Max: 213.25
Current: 164.28

During the past 10 years, Vobile Group's highest Days Sales Outstanding was 213.25. The lowest was 50.88. And the median was 108.32.

HKSE:03738's Days Sales Outstanding is ranked worse than
87.59% of 2732 companies
in the Software industry
Industry Median: 61.815 vs HKSE:03738: 164.28

Vobile Group's Days Sales Outstanding increased from Dec. 2022 (128.51) to Dec. 2023 (184.25).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Vobile Group Days Sales Outstanding Historical Data

The historical data trend for Vobile 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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Vobile Group Days Sales Outstanding Chart

Vobile Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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213.25

94.69

90.16

120.91

159.01

Vobile Group Semi-Annual Data
	Dec14	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													108.00	136.52	128.51	149.65	184.25

Competitive Comparison of Vobile Group's Days Sales Outstanding

For the Software - Application subindustry, Vobile 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.

Vobile Group's Days Sales Outstanding Distribution in the Software Industry

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

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

Vobile 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.

Vobile Group'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
=	( (686.151	+	1057.247)	/	2 )	/	2000.989	*	365
=	871.699					/	2000.989	*	365
=	159.01

Vobile Group'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
=	( (958.365	+	1057.247)	/	2 )	/	998.233	*	365 / 2
=	1007.806					/	998.233	*	365 / 2
=	184.25

Vobile Group (HKSE:03738) Days Sales Outstanding Explanation

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

Vobile Group Days Sales Outstanding Related Terms

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Vobile Group (HKSE:03738) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Vobile Group Ltd (HKSE:03738) » Definitions » Days Sales Outstanding

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VOBIF:USA

Address

1 Matheson Street, Suite 3712, 37th Floor, Tower 2, Times Square, Causeway Bay, Hong Kong, HKG

Website

https://www.vobilegroup.com

Vobile Group Ltd is a Saas provider of the technology service of digital content protection and monetization. It builds the essential technology infrastructure to support the distribution of global digital content assets. The company's products are VideoTracker, ReClaim, TV Ad Tracking, Online TVOD PPT, MediaWise, and Transaction-based SaaS business that includes content monetization platforms to enable revenue-sharing for conventional home video distribution through its conventional PPT platform.

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