DIP (TSE:2379) Days Sales Outstanding : 38.40 (As of Feb. 2024)

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What is DIP Days Sales Outstanding?

DIP's average Accounts Receivable for the three months ended in Feb. 2024 was 円5,692 Mil. DIP's Revenue for the three months ended in Feb. 2024 was 円13,526 Mil. Hence, DIP's Days Sales Outstanding for the three months ended in Feb. 2024 was 38.40.

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

TSE:2379' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.79 Med: 41.97 Max: 52.62
Current: 36.79

During the past 13 years, DIP's highest Days Sales Outstanding was 52.62. The lowest was 36.79. And the median was 41.97.

TSE:2379's Days Sales Outstanding is ranked better than
79.23% of 1040 companies
in the Business Services industry
Industry Median: 58.575 vs TSE:2379: 36.79

DIP's Days Sales Outstanding declined from Feb. 2023 (41.23) to Feb. 2024 (38.40).

DIP Days Sales Outstanding Historical Data

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

DIP Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Days Sales Outstanding

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41.61

52.62

39.03

38.40

38.29

DIP Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Sales Outstanding	Get a 7-Day Free Trial															41.23	34.68	37.25	35.47	38.40

Competitive Comparison of DIP's Days Sales Outstanding

For the Staffing & Employment Services subindustry, DIP'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.

DIP's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, DIP's Days Sales Outstanding distribution charts can be found below:

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

DIP 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.

DIP's Days Sales Outstanding for the fiscal year that ended in Feb. 2024 is calculated as

	Days Sales Outstanding (A: Feb. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Feb. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )	/	Revenue (A: Feb. 2024 )	*	Days in Period
=	( (5499.254	+	5785.358)	/	2 )	/	53782.301	*	365
=	5642.306					/	53782.301	*	365
=	38.29

DIP's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding (Q: Feb. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Nov. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )	/	Revenue (A: Feb. 2024 )	*	Days in Period
=	( (5598.362	+	5785.358)	/	2 )	/	13526.408	*	365 / 4
=	5691.86					/	13526.408	*	365 / 4
=	38.40

DIP (TSE:2379) Days Sales Outstanding Explanation

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

DIP Days Sales Outstanding Related Terms

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DIP (TSE:2379) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » DIP Corp (TSE:2379) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

32nd Floor, Izumi Garden Tower, 1-6-1 Roppongi, Minato-ku, Tokyo, JPN, 106-6032

Website

http://www.dip-net.co.jp

Dip is a Japan-based technology company that mainly provides job information and employment agency services online. The company has five business divisions. The Baitoru Com segment offers job information to contractors and recruiting companies. The Job Engine segment provides job offering and career change information to recruiting companies. The Hatarako Net provides staff service job information to staffing companies. The Other division specializes in services for restaurant customers, while the Agent segment provides employment services for healthcare facilities.

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