Broad-Minded Co (TSE:7343) Days Sales Outstanding : 52.25 (As of Dec. 2023)

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What is Broad-Minded Co Days Sales Outstanding?

Broad-Minded Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円616 Mil. Broad-Minded Co's Revenue for the three months ended in Dec. 2023 was 円1,075 Mil. Hence, Broad-Minded Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 52.25.

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

TSE:7343' s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.07 Med: 36.34 Max: 44.24
Current: 44.24

During the past 5 years, Broad-Minded Co's highest Days Sales Outstanding was 44.24. The lowest was 20.07. And the median was 36.34.

TSE:7343's Days Sales Outstanding is ranked better than
56.9% of 58 companies
in the Insurance industry
Industry Median: 56.505 vs TSE:7343: 44.24

Broad-Minded Co's Days Sales Outstanding increased from Dec. 2022 (41.73) to Dec. 2023 (52.25).

Broad-Minded Co Days Sales Outstanding Historical Data

The historical data trend for Broad-Minded 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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Broad-Minded Co Days Sales Outstanding Chart

Broad-Minded Co Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

36.34

42.51

42.18

30.14

20.07

Broad-Minded Co Quarterly Data
	Mar19	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial										41.73	31.21	36.76	48.72	52.25

Competitive Comparison of Broad-Minded Co's Days Sales Outstanding

For the Insurance - Diversified subindustry, Broad-Minded 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.

Broad-Minded Co's Days Sales Outstanding Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Broad-Minded Co's Days Sales Outstanding distribution charts can be found below:

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

Broad-Minded 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.

Broad-Minded 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
=	( (282.756	+	192.688)	/	2 )	/	4324.12	*	365
=	237.722					/	4324.12	*	365
=	20.07

Broad-Minded 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
=	( (573.155	+	658.241)	/	2 )	/	1075.334	*	365 / 4
=	615.698					/	1075.334	*	365 / 4
=	52.25

Broad-Minded Co (TSE:7343) Days Sales Outstanding Explanation

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

Broad-Minded Co Days Sales Outstanding Related Terms

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Broad-Minded Co (TSE:7343) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Broad-Minded Co Ltd (TSE:7343) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-5-5 Ebisuminami, Shibuya-ku, Tokyo, JPN, 150?0022

Website

https://www.b-minded.com

Broad-Minded Co Ltd is engaged in providing one-stop solutions for individuals and corporations in the Life insurance / non-life insurance / small amount short-term insurance agency business, housing loan agency business, financial instruments intermediary service, and real estate transaction business.

Broad-Minded Co (TSE:7343) Headlines

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