Planet (TSE:2391) Days Sales Outstanding : 57.48 (As of Jan. 2024)

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What is Planet Days Sales Outstanding?

Planet's average Accounts Receivable for the three months ended in Jan. 2024 was 円492 Mil. Planet's Revenue for the three months ended in Jan. 2024 was 円781 Mil. Hence, Planet's Days Sales Outstanding for the three months ended in Jan. 2024 was 57.48.

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

TSE:2391' s Days Sales Outstanding Range Over the Past 10 Years
Min: 49.93 Med: 53.62 Max: 58.67
Current: 57.42

During the past 13 years, Planet's highest Days Sales Outstanding was 58.67. The lowest was 49.93. And the median was 53.62.

TSE:2391's Days Sales Outstanding is ranked better than
55.24% of 2737 companies
in the Software industry
Industry Median: 61.8 vs TSE:2391: 57.42

Planet's Days Sales Outstanding increased from Jan. 2023 (56.87) to Jan. 2024 (57.48).

Planet Days Sales Outstanding Historical Data

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

Planet Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Days Sales Outstanding

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53.72

55.47

57.69

58.04

58.67

Planet Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Sales Outstanding	Get a 7-Day Free Trial															56.87	59.37	57.53	57.23	57.48

Competitive Comparison of Planet's Days Sales Outstanding

For the Information Technology Services subindustry, Planet'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.

Planet's Days Sales Outstanding Distribution in the Software Industry

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

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

Planet 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.

Planet's Days Sales Outstanding for the fiscal year that ended in Jul. 2023 is calculated as

	Days Sales Outstanding (A: Jul. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jul. 2022 )	+	Accounts Receivable (A: Jul. 2023 ))	/	count )	/	Revenue (A: Jul. 2023 )	*	Days in Period
=	( (507.077	+	499.662)	/	2 )	/	3131.844	*	365
=	503.3695					/	3131.844	*	365
=	58.67

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

	Days Sales Outstanding (Q: Jan. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )	*	Days in Period
=	( (503.452	+	480.348)	/	2 )	/	780.957	*	365 / 4
=	491.9					/	780.957	*	365 / 4
=	57.48

Planet (TSE:2391) Days Sales Outstanding Explanation

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

Planet Days Sales Outstanding Related Terms

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Planet (TSE:2391) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Planet Inc (TSE:2391) » Definitions » Days Sales Outstanding

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Address

Bunka Hoso Media Plus Building, Nippon Cultural Broadcasting, 3rd Floor 1-31 Hamamatsucho, Minato-ku, Tokyo, JPN, 105 0013

Website

http://www.planet-van.co.jp

Planet,Inc. is engaged in the construction, provision and operation of electronic data interchange (EDI) backbone platform. Services offered by the company include EDI (data exchange), Product database and Buyers' Net. EDI (data exchange) includes electronic data exchange with manufacturers, wholesale businesses and material suppliers such as ordering, shipping, billing/payment. Product database is a service that provides merchandise information registered by manufacturers in the distribution industry from the Internet. Buyers' Net is an information provision service on the Internet that efficiently supports information exchange between manufacturers, wholesale businesses and retailers. It provides information such as product information, industry news and company campaigns.

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