Souken Ace Co (TSE:1757) Days Sales Outstanding : 262.79 (As of Dec. 2023)

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What is Souken Ace Co Days Sales Outstanding?

Souken Ace Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円1,041 Mil. Souken Ace Co's Revenue for the three months ended in Dec. 2023 was 円361 Mil. Hence, Souken Ace Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 262.79.

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

TSE:1757' s Days Sales Outstanding Range Over the Past 10 Years
Min: 15.35 Med: 79.37 Max: 158.05
Current: 158.05

During the past 13 years, Souken Ace Co's highest Days Sales Outstanding was 158.05. The lowest was 15.35. And the median was 79.37.

TSE:1757's Days Sales Outstanding is ranked worse than
85.07% of 1668 companies
in the Real Estate industry
Industry Median: 36.985 vs TSE:1757: 158.05

Souken Ace Co's Days Sales Outstanding increased from Dec. 2022 (125.76) to Dec. 2023 (262.79).

Warning Sign:

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

Souken Ace Co Days Sales Outstanding Historical Data

The historical data trend for Souken Ace 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.

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Souken Ace Co Days Sales Outstanding Chart

Souken Ace Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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69.55

74.23

92.24

97.52

106.08

Souken Ace 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															125.76	81.19	145.91	490.45	262.79

Competitive Comparison of Souken Ace Co's Days Sales Outstanding

For the Real Estate - Development subindustry, Souken Ace 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.

Souken Ace Co's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Souken Ace Co's Days Sales Outstanding distribution charts can be found below:

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

Souken Ace 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.

Souken Ace Co's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (1398.947	+	1100.531)	/	2 )	/	4300.103	*	365
=	1249.739					/	4300.103	*	365
=	106.08

Souken Ace 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
=	( (963.567	+	1117.955)	/	2 )	/	361.386	*	365 / 4
=	1040.761					/	361.386	*	365 / 4
=	262.79

Souken Ace Co (TSE:1757) Days Sales Outstanding Explanation

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

Souken Ace Co Days Sales Outstanding Related Terms

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Souken Ace Co (TSE:1757) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Souken Ace Co Ltd (TSE:1757) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

11-36 Akasaka 1-Chome, Minato-Ku, Tokyo, JPN, 107-0052

Website

http://www.crea-hd.co.jp

Souken Ace Co Ltd Formerly Small and medium sized Enterprises Holdings Inc is engaged in the real estate development company that focuses on housing and living environment. The activities of the company include urban development, housing construction, sales, remodeling, and automobile related business.

Souken Ace Co (TSE:1757) Headlines

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