Creal (TSE:2998) Days Sales Outstanding : 1.45 (As of Dec. 2023)

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What is Creal Days Sales Outstanding?

Creal's average Accounts Receivable for the three months ended in Dec. 2023 was 円75 Mil. Creal's Revenue for the three months ended in Dec. 2023 was 円4,738 Mil. Hence, Creal's Days Sales Outstanding for the three months ended in Dec. 2023 was 1.45.

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

TSE:2998' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.41 Med: 1.75 Max: 5.42
Current: 1.17

During the past 4 years, Creal's highest Days Sales Outstanding was 5.42. The lowest was 0.41. And the median was 1.75.

TSE:2998's Days Sales Outstanding is ranked better than
96.87% of 511 companies
in the Asset Management industry
Industry Median: 49.81 vs TSE:2998: 1.17

Creal's Days Sales Outstanding declined from Dec. 2022 (2.80) to Dec. 2023 (1.45).

Creal Days Sales Outstanding Historical Data

The historical data trend for Creal'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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Creal Days Sales Outstanding Chart

Creal Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

5.42

2.51

0.99

0.41

Creal Quarterly Data
	Mar20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial						2.80	0.68	0.82	1.90	1.45

Competitive Comparison of Creal's Days Sales Outstanding

For the Asset Management subindustry, Creal'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.

Creal's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Creal's Days Sales Outstanding distribution charts can be found below:

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

Creal 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.

Creal'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
=	( (15.234	+	21.577)	/	2 )	/	16436.599	*	365
=	18.4055					/	16436.599	*	365
=	0.41

Creal'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
=	( (75.773	+	74.974)	/	2 )	/	4737.842	*	365 / 4
=	75.3735					/	4737.842	*	365 / 4
=	1.45

Creal (TSE:2998) Days Sales Outstanding Explanation

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

Creal Days Sales Outstanding Related Terms

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Creal (TSE:2998) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Creal Inc (TSE:2998) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-13-2 Higashiueno, Taito-ku, Creal Ueno, Tokyo, JPN, 110-0015

Website

https://corp.creal.jp

Creal Inc is an investment and asset management platform operator, operating real estate funds on-line market and asset management for individual and institutional investors.

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