CEDAR Co (TSE:2435) Days Sales Outstanding : 61.11 (As of Dec. 2023)

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What is CEDAR Co Days Sales Outstanding?

CEDAR Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円2,932 Mil. CEDAR Co's Revenue for the three months ended in Dec. 2023 was 円4,378 Mil. Hence, CEDAR Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 61.11.

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

TSE:2435' s Days Sales Outstanding Range Over the Past 10 Years
Min: 57.46 Med: 59 Max: 61.46
Current: 61.46

During the past 13 years, CEDAR Co's highest Days Sales Outstanding was 61.46. The lowest was 57.46. And the median was 59.00.

TSE:2435's Days Sales Outstanding is ranked worse than
65.57% of 639 companies
in the Healthcare Providers & Services industry
Industry Median: 46.55 vs TSE:2435: 61.46

CEDAR Co's Days Sales Outstanding increased from Dec. 2022 (60.12) to Dec. 2023 (61.11).

CEDAR Co Days Sales Outstanding Historical Data

The historical data trend for CEDAR 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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CEDAR Co Days Sales Outstanding Chart

CEDAR Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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58.94

59.05

60.13

59.85

59.62

CEDAR 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															60.12	62.11	60.77	61.44	61.11

Competitive Comparison of CEDAR Co's Days Sales Outstanding

For the Medical Care Facilities subindustry, CEDAR 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.

CEDAR Co's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, CEDAR Co's Days Sales Outstanding distribution charts can be found below:

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

CEDAR 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.

CEDAR 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
=	( (2584	+	2787)	/	2 )	/	16442	*	365
=	2685.5					/	16442	*	365
=	59.62

CEDAR 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
=	( (2906	+	2958)	/	2 )	/	4378	*	365 / 4
=	2932					/	4378	*	365 / 4
=	61.11

CEDAR Co (TSE:2435) Days Sales Outstanding Explanation

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

CEDAR Co Days Sales Outstanding Related Terms

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CEDAR Co (TSE:2435) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » CEDAR Co Ltd (TSE:2435) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-7-19 Ohata, Fukuoka Prefecture, Kitakyushu, JPN, 802-0026

Website

http://www.cedar-web.com

CEDAR.Co., Ltd is engaged in providing long term care facilities in Japan. The services offered by the company include paid nursing home, visiting nursing station, helper station, and care plan center.

CEDAR Co (TSE:2435) Headlines

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