CDG Co (TSE:2487) Days Sales Outstanding : 83.59 (As of Mar. 2024)

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What is CDG Co Days Sales Outstanding?

CDG Co's average Accounts Receivable for the three months ended in Mar. 2024 was 円1,810 Mil. CDG Co's Revenue for the three months ended in Mar. 2024 was 円1,976 Mil. Hence, CDG Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 83.59.

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

TSE:2487' s Days Sales Outstanding Range Over the Past 10 Years
Min: 69.6 Med: 81.08 Max: 91.22
Current: 75.18

During the past 13 years, CDG Co's highest Days Sales Outstanding was 91.22. The lowest was 69.60. And the median was 81.08.

TSE:2487's Days Sales Outstanding is ranked worse than
56.48% of 1027 companies
in the Media - Diversified industry
Industry Median: 68.28 vs TSE:2487: 75.18

CDG Co's Days Sales Outstanding increased from Mar. 2023 (66.32) to Mar. 2024 (83.59).

Warning Sign:

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

CDG Co Days Sales Outstanding Historical Data

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

CDG Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Dec23

Days Sales Outstanding

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81.08

78.61

76.50

69.60

89.84

CDG Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															66.32	53.35	59.40	175.85	83.59

Competitive Comparison of CDG Co's Days Sales Outstanding

For the Advertising Agencies subindustry, CDG 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.

CDG Co's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, CDG Co's Days Sales Outstanding distribution charts can be found below:

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

CDG 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.

CDG 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: Mar. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1648.911	+	2311.217)	/	2 )	/	8044.822	*	365
=	1980.064					/	8044.822	*	365
=	89.84

CDG Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (2311.217	+	1309.676)	/	2 )	/	1976.319	*	365 / 4
=	1810.4465					/	1976.319	*	365 / 4
=	83.59

CDG Co (TSE:2487) Days Sales Outstanding Explanation

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

CDG Co Days Sales Outstanding Related Terms

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CDG Co (TSE:2487) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » CDG Co Ltd (TSE:2487) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-2-22 Umeda, Kita-ku, Herbis ENT, 18th Floor, Osaka, JPN, 530-0001

Website

https://www.cdg.co.jp

CDG Co Ltd is engaged in marketing. The company provides total support from planning, development to production and operation of effective promotion activities connecting consumers and users with products and brands. It offers content marketing that makes use of information and worldview of companies and brands as content, effective marketing activities. The company also support strategies on sales channels of products and services from various aspects, such as developing sales channels and building sales floors. Along with this it also gives consulting services that cover issues by analyzing issues related to marketing and sales activities for proposing solutions.

CDG Co (TSE:2487) Headlines

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