NetDragon Websoft (NetDragon Websoft) Days Sales Outstanding : 41.45 (As of Dec. 2023)

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What is NetDragon Websoft Days Sales Outstanding?

NetDragon Websoft's average Accounts Receivable for the six months ended in Dec. 2023 was $108.8 Mil. NetDragon Websoft's Revenue for the six months ended in Dec. 2023 was $479.0 Mil. Hence, NetDragon Websoft's Days Sales Outstanding for the six months ended in Dec. 2023 was 41.45.

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

NDWTY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.11 Med: 35.05 Max: 43.02
Current: 38.1

During the past 13 years, NetDragon Websoft's highest Days Sales Outstanding was 43.02. The lowest was 19.11. And the median was 35.05.

NDWTY's Days Sales Outstanding is ranked better than
62.85% of 568 companies
in the Interactive Media industry
Industry Median: 44.865 vs NDWTY: 38.10

NetDragon Websoft's Days Sales Outstanding declined from Dec. 2022 (41.94) to Dec. 2023 (41.45).

NetDragon Websoft Days Sales Outstanding Historical Data

The historical data trend for NetDragon Websoft'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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NetDragon Websoft Days Sales Outstanding Chart

NetDragon Websoft Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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36.18

34.73

34.85

36.30

35.26

NetDragon Websoft Semi-Annual Data
	Jun14	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															35.66	39.75	41.94	37.82	41.45

Competitive Comparison of NetDragon Websoft's Days Sales Outstanding

For the Electronic Gaming & Multimedia subindustry, NetDragon Websoft'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.

NetDragon Websoft's Days Sales Outstanding Distribution in the Interactive Media Industry

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

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

NetDragon Websoft 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.

NetDragon Websoft'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
=	( (93.808	+	98.317)	/	2 )	/	994.51	*	365
=	96.0625					/	994.51	*	365
=	35.26

NetDragon Websoft'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
=	( (119.25	+	98.317)	/	2 )	/	478.978	*	365 / 2
=	108.7835					/	478.978	*	365 / 2
=	41.45

NetDragon Websoft (OTCPK:NDWTY) Days Sales Outstanding Explanation

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

NetDragon Websoft Days Sales Outstanding Related Terms

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NetDragon Websoft (NetDragon Websoft) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » NetDragon Websoft Inc (OTCPK:NDWTY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

00777:Hong Kong 3ND:Germany

Address

58 Wenquan Branch Road, 851 Building, Fuzhou, CHN

Website

http://www.nd.com.cn

NetDragon Websoft Inc is a Chinese holding company that engages in developing and operating online and mobile games as well as educational platforms. NetDragon's games include PC games, web-based games, mobile games, and e-sports games. PC games constitute the majority of the company's games sales. The company's game portfolio is composed of a range of games that appeal to various types of players. These games include Way of the Five, Eudemons Online, Conquer Online, Zero Online, and Heroes of Might & Magic Online. The company has operations in North America, Europe, and Asia.