Ad-Sol Nissin (TSE:3837) Days Sales Outstanding : 70.46 (As of Dec. 2023)

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What is Ad-Sol Nissin Days Sales Outstanding?

Ad-Sol Nissin's average Accounts Receivable for the three months ended in Dec. 2023 was 円2,721 Mil. Ad-Sol Nissin's Revenue for the three months ended in Dec. 2023 was 円3,523 Mil. Hence, Ad-Sol Nissin's Days Sales Outstanding for the three months ended in Dec. 2023 was 70.46.

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

TSE:3837' s Days Sales Outstanding Range Over the Past 10 Years
Min: 63.98 Med: 72.01 Max: 85.23
Current: 67.07

During the past 13 years, Ad-Sol Nissin's highest Days Sales Outstanding was 85.23. The lowest was 63.98. And the median was 72.01.

TSE:3837's Days Sales Outstanding is ranked worse than
55.82% of 2732 companies
in the Software industry
Industry Median: 61.675 vs TSE:3837: 67.07

Ad-Sol Nissin's Days Sales Outstanding increased from Dec. 2022 (67.08) to Dec. 2023 (70.46).

Ad-Sol Nissin Days Sales Outstanding Historical Data

The historical data trend for Ad-Sol Nissin'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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Ad-Sol Nissin Days Sales Outstanding Chart

Ad-Sol Nissin Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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70.47

72.55

85.23

83.82

63.98

Ad-Sol Nissin Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															67.08	65.25	64.88	66.94	70.46

Competitive Comparison of Ad-Sol Nissin's Days Sales Outstanding

For the Information Technology Services subindustry, Ad-Sol Nissin'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.

Ad-Sol Nissin's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Ad-Sol Nissin's Days Sales Outstanding falls into.

Ad-Sol Nissin 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.

Ad-Sol Nissin'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
=	( (2022.776	+	2479.128)	/	2 )	/	12842.071	*	365
=	2250.952					/	12842.071	*	365
=	63.98

Ad-Sol Nissin'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
=	( (2697.629	+	2743.46)	/	2 )	/	3523.402	*	365 / 4
=	2720.5445					/	3523.402	*	365 / 4
=	70.46

Ad-Sol Nissin (TSE:3837) Days Sales Outstanding Explanation

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

Ad-Sol Nissin Days Sales Outstanding Related Terms

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Ad-Sol Nissin (TSE:3837) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ad-Sol Nissin Corp (TSE:3837) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

Riverge Shinagawa 4 - chome, Minato - ku, Tokyo, JPN, 108-0075

Website

http://www.adniss.jp

Ad-Sol Nissin Corp develops information systems for enterprises. The company provides Social Infrastructure Business, Advanced Industry Business, IoX Integrated Engineering Business, and Security solutions. The Social Infrastructure Business develops system integration services in social infrastructures such as energy, road, aerospace, and others. Advanced Industry Business promotes Next Generation EV Vehicle, Industrial Equipment, and others. The IoX Integrated Engineering Business propose solutions such as AI. Big Data, Wireless, and others, and Security Solution protect IoT devices from cyber attacks.

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