Soliton Systems KK (TSE:3040) Days Sales Outstanding : 52.42 (As of Mar. 2024)

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What is Soliton Systems KK Days Sales Outstanding?

Soliton Systems KK's average Accounts Receivable for the three months ended in Mar. 2024 was 円2,628 Mil. Soliton Systems KK's Revenue for the three months ended in Mar. 2024 was 円4,575 Mil. Hence, Soliton Systems KK's Days Sales Outstanding for the three months ended in Mar. 2024 was 52.42.

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

TSE:3040' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.58 Med: 59.84 Max: 71.97
Current: 47.58

During the past 13 years, Soliton Systems KK's highest Days Sales Outstanding was 71.97. The lowest was 47.58. And the median was 59.84.

TSE:3040's Days Sales Outstanding is ranked better than
67.45% of 2722 companies
in the Software industry
Industry Median: 61.8 vs TSE:3040: 47.58

Soliton Systems KK's Days Sales Outstanding increased from Mar. 2023 (52.10) to Mar. 2024 (52.42).

Soliton Systems KK Days Sales Outstanding Historical Data

The historical data trend for Soliton Systems KK'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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Soliton Systems KK Days Sales Outstanding Chart

Soliton Systems KK Annual Data

Trend

Mar14

Mar15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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56.41

49.77

55.15

49.81

50.85

Soliton Systems KK 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															52.10	50.82	41.38	43.75	52.42

Competitive Comparison of Soliton Systems KK's Days Sales Outstanding

For the Software - Infrastructure subindustry, Soliton Systems KK'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.

Soliton Systems KK's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Soliton Systems KK's Days Sales Outstanding falls into.

Soliton Systems KK 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.

Soliton Systems KK's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (2653	+	2657)	/	2 )	/	19058	*	365
=	2655					/	19058	*	365
=	50.85

Soliton Systems KK's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (2657	+	2599)	/	2 )	/	4575	*	365 / 4
=	2628					/	4575	*	365 / 4
=	52.42

Soliton Systems KK (TSE:3040) Days Sales Outstanding Explanation

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

Soliton Systems KK Days Sales Outstanding Related Terms

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Soliton Systems KK (TSE:3040) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Soliton Systems KK (TSE:3040) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-4-3 Shinjuku, Shinjuku-ku, Tokyo, JPN

Website

http://www.soliton.co.jp

Soliton Systems K.K is engaged in IT security business, Video communication business, and Eco-device business. The IT security business involves the development and sale of products such as information leakage countermeasure, login authentication by electronic certificate, big data recording, cybersecurity measures, enterprise cloud service, and enterprise network integration. The Video communication business involves development and sales of "Smart-telecaster", a high-quality real-time image transmission system using mobile lines and Eco-device business engages in the development and sales of analog / digital mixed semiconductor devices and embedded systems.

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