Change Holdings (TSE:3962) Days Sales Outstanding : 200.64 (As of Mar. 2024)

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What is Change Holdings Days Sales Outstanding?

Change Holdings's average Accounts Receivable for the three months ended in Mar. 2024 was 円18,065 Mil. Change Holdings's Revenue for the three months ended in Mar. 2024 was 円8,216 Mil. Hence, Change Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 200.64.

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

TSE:3962' s Days Sales Outstanding Range Over the Past 10 Years
Min: 49.99 Med: 68.17 Max: 133.73
Current: 133.73

During the past 9 years, Change Holdings's highest Days Sales Outstanding was 133.73. The lowest was 49.99. And the median was 68.17.

TSE:3962's Days Sales Outstanding is ranked worse than
83.76% of 2734 companies
in the Software industry
Industry Median: 61.68 vs TSE:3962: 133.73

Change Holdings's Days Sales Outstanding declined from Mar. 2023 (257.27) to Mar. 2024 (200.64).

Change Holdings Days Sales Outstanding Historical Data

The historical data trend for Change Holdings'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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Change Holdings Days Sales Outstanding Chart

Change Holdings Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Mar23

Mar24

Days Sales Outstanding

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63.72

78.44

71.67

123.58

118.48

Change Holdings 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															257.27	153.55	102.09	118.99	200.64

Competitive Comparison of Change Holdings's Days Sales Outstanding

For the Information Technology Services subindustry, Change Holdings'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.

Change Holdings's Days Sales Outstanding Distribution in the Software Industry

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

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

Change Holdings 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.

Change Holdings'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
=	( (10331	+	13699)	/	2 )	/	37014	*	365
=	12015					/	37014	*	365
=	118.48

Change Holdings'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
=	( (22431	+	13699)	/	2 )	/	8216	*	365 / 4
=	18065					/	8216	*	365 / 4
=	200.64

Change Holdings (TSE:3962) Days Sales Outstanding Explanation

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

Change Holdings Days Sales Outstanding Related Terms

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Change Holdings (TSE:3962) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Change Holdings Inc (TSE:3962) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

N/A

Address

3-17-1 Toranomon, 6th Floor, TOKYU REIT Toranomon Building, Minato-ku, Tokyo, JPN, 105-0001

Website

https://www.change-jp.com

Change Holdings Inc provides mobility, IoT (Internet of Things) data, security and IT human resources training services. It segments are: Public Tech and NEW-IT Transformation Business. The Public Tech segment covers local government support projects that aims to realize high value-added resident services by utilizing ICT technology to promote the improvement of local government business productivity. The NEW-IT Transformation Business segment promotes digital transformation through various algorithms such as AI, voice Internet, mobility, IoT, cloud, security, services utilizing basic technology, and training for digital human resources. It also provides digital transformation solutions by combining libraries based on customer needs to realize customer digital transformation.

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