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CDS Co (NGO:2169) Days Sales Outstanding : 111.10 (As of Dec. 2023)


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What is CDS Co Days Sales Outstanding?

CDS Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円2,808 Mil. CDS Co's Revenue for the three months ended in Dec. 2023 was 円2,306 Mil. Hence, CDS Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 111.10.

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

NGO:2169' s Days Sales Outstanding Range Over the Past 10 Years
Min: 84.3   Med: 97.48   Max: 107.19
Current: 97.25

During the past 13 years, CDS Co's highest Days Sales Outstanding was 107.19. The lowest was 84.30. And the median was 97.48.

NGO:2169's Days Sales Outstanding is ranked worse than
75% of 2728 companies
in the Software industry
Industry Median: 61.815 vs NGO:2169: 97.25

CDS Co's Days Sales Outstanding increased from Dec. 2022 (92.20) to Dec. 2023 (111.10).


CDS Co Days Sales Outstanding Historical Data

The historical data trend for CDS 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.

CDS Co Days Sales Outstanding Chart

CDS Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.30 107.19 103.70 97.48 100.11

CDS Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 92.20 88.55 97.92 90.36 111.10

Competitive Comparison of CDS Co's Days Sales Outstanding

For the Software - Application subindustry, CDS 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.


CDS Co's Days Sales Outstanding Distribution in the Software Industry

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

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



CDS 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.

CDS Co'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
=( (2475.29 + 2857.919) / 2 ) / 9722.408*365
=2666.6045 / 9722.408*365
=100.11

CDS Co'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: Sep. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (2757.755 + 2857.919) / 2 ) / 2306.207*365 / 4
=2807.837 / 2306.207*365 / 4
=111.10

* 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.


CDS Co  (NGO:2169) Days Sales Outstanding Explanation

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


CDS Co Days Sales Outstanding Related Terms

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CDS Co (NGO:2169) Business Description

Industry
Traded in Other Exchanges
Address
46 Aza Ichiba Maiki-Cho, Okazaki-shi, JPN, 444-3511
CDS Co Ltd is engaged in the planning, editing, translation, and publishing of technical publications, building document systems, information processing work including building databases and creating e-learning content, creating tools including 3D-CG animation and electronic catalogs, 3D CAD design, modelling services, and computer software development.

CDS Co (NGO:2169) Headlines

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