Aida Sekkei Co (TSE:2990) Days Sales Outstanding : 7.87 (As of Sep. 2023)

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What is Aida Sekkei Co Days Sales Outstanding?

Aida Sekkei Co's average Accounts Receivable for the six months ended in Sep. 2023 was 円1,119 Mil. Aida Sekkei Co's Revenue for the six months ended in Sep. 2023 was 円25,939 Mil. Hence, Aida Sekkei Co's Days Sales Outstanding for the six months ended in Sep. 2023 was 7.87.

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

TSE:2990' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.82 Med: 5.77 Max: 8.24
Current: 7.7

During the past 5 years, Aida Sekkei Co's highest Days Sales Outstanding was 8.24. The lowest was 3.82. And the median was 5.77.

TSE:2990's Days Sales Outstanding is ranked better than
78.26% of 92 companies
in the Homebuilding & Construction industry
Industry Median: 23.685 vs TSE:2990: 7.70

Aida Sekkei Co's Days Sales Outstanding declined from Sep. 2022 (8.45) to Sep. 2023 (7.87).

Aida Sekkei Co Days Sales Outstanding Historical Data

The historical data trend for Aida Sekkei 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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Aida Sekkei Co Days Sales Outstanding Chart

Aida Sekkei Co Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

3.82

5.77

8.24

Aida Sekkei Co Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial				3.34	8.54	8.45	8.01	7.87

Competitive Comparison of Aida Sekkei Co's Days Sales Outstanding

For the Residential Construction subindustry, Aida Sekkei 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.

Aida Sekkei Co's Days Sales Outstanding Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Aida Sekkei Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Aida Sekkei Co's Days Sales Outstanding falls into.

Aida Sekkei 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.

Aida Sekkei 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
=	( (1360	+	1190)	/	2 )	/	56468	*	365
=	1275					/	56468	*	365
=	8.24

Aida Sekkei Co's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (1190	+	1048)	/	2 )	/	25939	*	365 / 2
=	1119					/	25939	*	365 / 2
=	7.87

Aida Sekkei Co (TSE:2990) Days Sales Outstanding Explanation

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

Aida Sekkei Co Days Sales Outstanding Related Terms

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Aida Sekkei Co (TSE:2990) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Aida Sekkei Co Ltd (TSE:2990) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-286 Sakuragicho, Omiya-ku, Saitama Prefecture, Saitama, JPN, 330-0854

Website

https://www.aidagroup.co.jp

Aida Sekkei Co Ltd is engaged in the sales and construction of pre-build homes and custom build homes.

Aida Sekkei Co (TSE:2990) Headlines

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