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Advantage Risk Management Co (TSE:8769) Days Sales Outstanding : 43.22 (As of Dec. 2023)


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What is Advantage Risk Management Co Days Sales Outstanding?

Advantage Risk Management Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円880 Mil. Advantage Risk Management Co's Revenue for the three months ended in Dec. 2023 was 円1,858 Mil. Hence, Advantage Risk Management Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 43.22.

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

TSE:8769' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.16   Med: 53.68   Max: 59.62
Current: 47.16

During the past 13 years, Advantage Risk Management Co's highest Days Sales Outstanding was 59.62. The lowest was 47.16. And the median was 53.68.

TSE:8769's Days Sales Outstanding is ranked worse than
50.39% of 641 companies
in the Healthcare Providers & Services industry
Industry Median: 46.87 vs TSE:8769: 47.16

Advantage Risk Management Co's Days Sales Outstanding declined from Dec. 2022 (45.27) to Dec. 2023 (43.22).


Advantage Risk Management Co Days Sales Outstanding Historical Data

The historical data trend for Advantage Risk Management 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.

* Premium members only.

Advantage Risk Management Co Days Sales Outstanding Chart

Advantage Risk Management Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.26 49.62 52.14 55.17 54.55

Advantage Risk Management 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.27 45.06 53.48 49.17 43.22

Competitive Comparison of Advantage Risk Management Co's Days Sales Outstanding

For the Medical Care Facilities subindustry, Advantage Risk Management 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.


Advantage Risk Management Co's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

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

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



Advantage Risk Management 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.

Advantage Risk Management 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
=( (919.185 + 995.682) / 2 ) / 6405.706*365
=957.4335 / 6405.706*365
=54.55

Advantage Risk Management 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
=( (865.908 + 894.53) / 2 ) / 1858.292*365 / 4
=880.219 / 1858.292*365 / 4
=43.22

* 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.


Advantage Risk Management Co  (TSE:8769) Days Sales Outstanding Explanation

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


Advantage Risk Management Co Days Sales Outstanding Related Terms

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Advantage Risk Management Co (TSE:8769) Business Description

Traded in Other Exchanges
N/A
Address
Nakameguro GT Tower 17F, Tokyo, JPN, 153-0051
Advantage Risk Management Co., Ltd provides mental health management service, disability support service, and risk financing service.

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