Axis Co (TSE:4012) Days Sales Outstanding : 48.97 (As of Jun. 2024)

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What is Axis Co Days Sales Outstanding?

Axis Co's average Accounts Receivable for the three months ended in Jun. 2024 was 円989 Mil. Axis Co's Revenue for the three months ended in Jun. 2024 was 円1,843 Mil. Hence, Axis Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 48.97.

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

TSE:4012' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.35 Med: 47.71 Max: 61.54
Current: 44

During the past 6 years, Axis Co's highest Days Sales Outstanding was 61.54. The lowest was 36.35. And the median was 47.71.

TSE:4012's Days Sales Outstanding is ranked better than
71.89% of 2718 companies
in the Software industry
Industry Median: 61.38 vs TSE:4012: 44.00

Axis Co's Days Sales Outstanding increased from Jun. 2023 (42.47) to Jun. 2024 (48.97).

Axis Co Days Sales Outstanding Historical Data

The historical data trend for Axis 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.

* Premium members only.

Axis Co Days Sales Outstanding Chart

Axis Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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56.41

48.42

45.24

46.99

36.35

Axis Co Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial														42.47	41.98	41.15	45.48	48.97

Competitive Comparison of Axis Co's Days Sales Outstanding

For the Information Technology Services subindustry, Axis 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.

Axis Co's Days Sales Outstanding Distribution in the Software Industry

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

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

Axis 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.

Axis Co'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
=	( (558.513	+	752.337)	/	2 )	/	6581.363	*	365
=	655.425					/	6581.363	*	365
=	36.35

Axis Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2024 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (1048.163	+	930.312)	/	2 )	/	1843.262	*	365 / 4
=	989.2375					/	1843.262	*	365 / 4
=	48.97

Axis Co (TSE:4012) Days Sales Outstanding Explanation

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

Axis Co Days Sales Outstanding Related Terms

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Axis Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Axis Co Ltd (TSE:4012) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-3-1, Nishi-Shimbashi, Mark Light Toranomon 8th floor, Minato-ku, Tokyo, JPN, 105-0003

Website

https://www.axis-net.co.jp

Axis Co Ltd is primarily involved in the development and sales of various systems, operation management of computer systems, research on computer systems and other various computer-related businesses.

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