Dingdong ADR

NYSE DDL

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Dingdong ADR Working Capital Turnover Ratio 2 year CAGR for the year ending December 31, 2023: 52.53%

Dingdong ADR Working Capital Turnover Ratio 2 year CAGR is 52.53% for the year ending December 31, 2023, a -58.37% change year over year. The working capital turnover ratio measures the efficiency of a company in utilizing its working capital to generate revenue. It is calculated by dividing the revenue by the working capital. This ratio indicates the number of times the company's working capital is converted into revenue during a specific period. A higher working capital turnover ratio suggests more efficient utilization of working capital in revenue generation. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Dingdong ADR Working Capital Turnover Ratio for the year ending December 31, 2022 was -33.88, a -40.11% change year over year.
Dingdong ADR Working Capital Turnover Ratio for the year ending December 31, 2021 was -24.18, a -265.15% change year over year.
Dingdong ADR Working Capital Turnover Ratio for the year ending December 31, 2020 was -6.62, a -57.37% change year over year.
Dingdong ADR Working Capital Turnover Ratio for the year ending December 31, 2019 was -4.21.

NYSE: DDL

Dingdong ADR

CEO	Mr. Liang Changlin
IPO Date	June 29, 2021
Location	China
Headquarters	Building 6, Shanghai, China, 200125
Employees	3,015
Sector	Consumer Defensive
Industry	Grocery stores

Description

Dingdong (Cayman) Limited operates an e-commerce company in China. The company offers fresh groceries, including vegetables, meat and eggs, fruits, and seafood; prepared food, and other food products, such as baked goods, dairy, seasonings, beverages, instant food, oil, and snacks. It offers its products through traditional offline, as well as online channels through Dingdong Fresh app, mini-programs, and third-party platforms. Dingdong (Cayman) Limited was founded in 2017 and is headquartered in Shanghai, China.

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