Trend Micro (TSE:4704) Days Sales Outstanding : 89.03 (As of Mar. 2024)

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What is Trend Micro Days Sales Outstanding?

Trend Micro's average Accounts Receivable for the three months ended in Mar. 2024 was 円64,327 Mil. Trend Micro's Revenue for the three months ended in Mar. 2024 was 円65,931 Mil. Hence, Trend Micro's Days Sales Outstanding for the three months ended in Mar. 2024 was 89.03.

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

TSE:4704' s Days Sales Outstanding Range Over the Past 10 Years
Min: 80.61 Med: 93.22 Max: 97.51
Current: 84.1

During the past 13 years, Trend Micro's highest Days Sales Outstanding was 97.51. The lowest was 80.61. And the median was 93.22.

TSE:4704's Days Sales Outstanding is ranked worse than
68.92% of 2732 companies
in the Software industry
Industry Median: 61.815 vs TSE:4704: 84.10

Trend Micro's Days Sales Outstanding declined from Mar. 2023 (91.92) to Mar. 2024 (89.03).

Trend Micro Days Sales Outstanding Historical Data

The historical data trend for Trend Micro'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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Trend Micro Days Sales Outstanding Chart

Trend Micro Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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93.33

97.00

96.62

95.50

97.51

Trend Micro 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															91.92	81.81	79.26	88.73	89.03

Competitive Comparison of Trend Micro's Days Sales Outstanding

For the Software - Infrastructure subindustry, Trend Micro'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.

Trend Micro's Days Sales Outstanding Distribution in the Software Industry

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

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

Trend Micro 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.

Trend Micro'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
=	( (63614	+	69260)	/	2 )	/	248691	*	365
=	66437					/	248691	*	365
=	97.51

Trend Micro'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
=	( (69260	+	59394)	/	2 )	/	65931	*	365 / 4
=	64327					/	65931	*	365 / 4
=	89.03

Trend Micro (TSE:4704) Days Sales Outstanding Explanation

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

Trend Micro Days Sales Outstanding Related Terms

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Trend Micro (TSE:4704) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Trend Micro Inc (TSE:4704) » Definitions » Days Sales Outstanding

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Address

Shibuya-ku, 2-1-1 Shinjuku Maynds Tower, Yoyogi, Tokyo, JPN, 151-0053

Website

http://www.trendmicro.co.jp

Trend Micro provides antivirus and other security products that protect the flow of information on PCs, file servers, e-mail servers, and the Internet gateway. Sales have averaged 75% annual growth over the past decade. Customers include British Airways, Merrill Lynch, Microsoft, Pacific Bell, and governmental agencies in the United States and Japan.

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