SYLA Technologies Co (SYLA Technologies Co) Days Sales Outstanding

: 1.61 (As of Jun. 2023)

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SYLA Technologies Co's average Accounts Receivable for the six months ended in Jun. 2023 was $0.6 Mil. SYLA Technologies Co's Revenue for the six months ended in Jun. 2023 was $65.9 Mil. Hence, SYLA Technologies Co's Days Sales Outstanding for the six months ended in Jun. 2023 was 1.61.

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

SYT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.71 Med: 0.83 Max: 1.26
Current: 1.26

During the past 3 years, SYLA Technologies Co's highest Days Sales Outstanding was 1.26. The lowest was 0.71. And the median was 0.83.

SYT's Days Sales Outstanding is ranked better than
99.56% of 2726 companies
in the Software industry
Industry Median: 62.27 vs SYT: 1.26

SYLA Technologies Co's Days Sales Outstanding increased from Jun. 2022 (0.72) to Jun. 2023 (1.61).

SYLA Technologies Co Days Sales Outstanding Historical Data

The historical data trend for SYLA Technologies Co'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.

SYLA Technologies Co Annual Data

Trend

Dec20

Dec21

Dec22

Days Sales Outstanding

0.95

0.71

0.83

SYLA Technologies Co Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Sales Outstanding		1.02	0.49	0.72	0.89	1.61

Competitive Comparison

For the Software - Application subindustry, SYLA Technologies Co'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.

SYLA Technologies Co Days Sales Outstanding Distribution

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

* The bar in red indicates where SYLA Technologies Co's Days Sales Outstanding falls into.

SYLA Technologies Co 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.

SYLA Technologies Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (0.239	+	0.502)	/	2 )	/	163.479	*	365
=	0.3705					/	163.479	*	365
=	0.83

SYLA Technologies Co's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (0.502	+	0.664)	/	2 )	/	65.921	*	365 / 2
=	0.583					/	65.921	*	365 / 2
=	1.61

SYLA Technologies Co (NAS:SYT) Days Sales Outstanding Explanation

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

SYLA Technologies Co Days Sales Outstanding Related Terms

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SYLA Technologies Co (SYLA Technologies Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SYLA Technologies Co Ltd (NAS:SYT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-1-39 Hiroo, Ebisu Prime Square 7th Floor, Shibuya-ku, Tokyo, JPN

Website

https://www.syla-tech.jp

SYLA Technologies Co Ltd is a property technology company. It provides asset management platform systems that facilitate real estate crowd-funding as well as the purchase and sale of real estate.