i Cubed Systems (TSE:4495) Days Sales Outstanding : 37.20 (As of Mar. 2024)

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What is i Cubed Systems Days Sales Outstanding?

i Cubed Systems's average Accounts Receivable for the three months ended in Mar. 2024 was 円305 Mil. i Cubed Systems's Revenue for the three months ended in Mar. 2024 was 円748 Mil. Hence, i Cubed Systems's Days Sales Outstanding for the three months ended in Mar. 2024 was 37.20.

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

TSE:4495' s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.7 Med: 26.01 Max: 35.97
Current: 35.97

During the past 6 years, i Cubed Systems's highest Days Sales Outstanding was 35.97. The lowest was 22.70. And the median was 26.01.

TSE:4495's Days Sales Outstanding is ranked better than
81.35% of 2724 companies
in the Software industry
Industry Median: 61.82 vs TSE:4495: 35.97

i Cubed Systems's Days Sales Outstanding increased from Mar. 2023 (34.02) to Mar. 2024 (37.20).

i Cubed Systems Days Sales Outstanding Historical Data

The historical data trend for i Cubed Systems'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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i Cubed Systems Days Sales Outstanding Chart

i Cubed Systems Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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22.70

23.98

28.03

32.07

33.92

i Cubed Systems Quarterly Data
	Jun18	Jun19	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															34.02	34.85	35.25	36.14	37.20

Competitive Comparison of i Cubed Systems's Days Sales Outstanding

For the Software - Application subindustry, i Cubed Systems'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.

i Cubed Systems's Days Sales Outstanding Distribution in the Software Industry

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

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

i Cubed Systems 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.

i Cubed Systems's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (234.349	+	260.991)	/	2 )	/	2665.041	*	365
=	247.67					/	2665.041	*	365
=	33.92

i Cubed Systems'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
=	( (299.762	+	310.124)	/	2 )	/	748.079	*	365 / 4
=	304.943					/	748.079	*	365 / 4
=	37.20

i Cubed Systems (TSE:4495) Days Sales Outstanding Explanation

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

i Cubed Systems Days Sales Outstanding Related Terms

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i Cubed Systems (TSE:4495) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » i Cubed Systems Inc (TSE:4495) » Definitions » Days Sales Outstanding

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Address

4th Floor, 1st Meisei Building, 4-37-37 Tenjin, Chuo-ku, Fukuoka Prefecture, Fukuoka, JPN, 810-0001

Website

https://www.i3-systems.com

i Cubed Systems Inc is engaged in provision of mobile device management services for corporations. The company provides CLOMO's business application series that include Clomo browser, Clomo Mailer, Clomo Claender, Clomo Address book, and Clomo File sharing.

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