Renaissance (TSE:2378) Days Sales Outstanding : 8.99 (As of Dec. 2023)

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What is Renaissance Days Sales Outstanding?

Renaissance's average Accounts Receivable for the three months ended in Dec. 2023 was 円1,110 Mil. Renaissance's Revenue for the three months ended in Dec. 2023 was 円11,267 Mil. Hence, Renaissance's Days Sales Outstanding for the three months ended in Dec. 2023 was 8.99.

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

TSE:2378' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.82 Med: 9.63 Max: 14.39
Current: 11.33

During the past 13 years, Renaissance's highest Days Sales Outstanding was 14.39. The lowest was 7.82. And the median was 9.63.

TSE:2378's Days Sales Outstanding is ranked better than
96.59% of 1027 companies
in the Media - Diversified industry
Industry Median: 68.13 vs TSE:2378: 11.33

Renaissance's Days Sales Outstanding declined from Dec. 2022 (9.13) to Dec. 2023 (8.99).

Renaissance Days Sales Outstanding Historical Data

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

Renaissance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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9.54

11.71

9.48

10.29

14.39

Renaissance 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															9.98	10.34	9.50	8.99	13.36

Competitive Comparison of Renaissance's Days Sales Outstanding

For the Entertainment subindustry, Renaissance'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.

Renaissance's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Renaissance's Days Sales Outstanding distribution charts can be found below:

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

Renaissance 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.

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

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (1245.183	+	2195.933)	/	2 )	/	43627.212	*	365
=	1720.558					/	43627.212	*	365
=	14.39

Renaissance'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
=	( (1134.605	+	1085.323)	/	2 )	/	11266.788	*	365 / 4
=	1109.964					/	11266.788	*	365 / 4
=	8.99

Renaissance (TSE:2378) Days Sales Outstanding Explanation

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

Renaissance Days Sales Outstanding Related Terms

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Renaissance (TSE:2378) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Renaissance Inc (TSE:2378) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-10-14, Sumida-ku, Tokyo, JPN, 136-0026

Website

http://www.s-renaissance.co.jp

Renaissance Inc is mainly engaged in the operation of sports clubs in Japan. Its business activities include fitness club, swimming school, tennis school, golf school, health promotion business at local governments and enterprises, nursing care rehabilitation business, other related business.

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