OBIC Co (TSE:4684) Days Sales Outstanding : 47.51 (As of Mar. 2024)

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What is OBIC Co Days Sales Outstanding?

OBIC Co's average Accounts Receivable for the three months ended in Mar. 2024 was 円14,582 Mil. OBIC Co's Revenue for the three months ended in Mar. 2024 was 円28,005 Mil. Hence, OBIC Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 47.51.

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

TSE:4684' s Days Sales Outstanding Range Over the Past 10 Years
Min: 44.75 Med: 46.35 Max: 55.81
Current: 46.65

During the past 13 years, OBIC Co's highest Days Sales Outstanding was 55.81. The lowest was 44.75. And the median was 46.35.

TSE:4684's Days Sales Outstanding is ranked better than
69.09% of 2721 companies
in the Software industry
Industry Median: 62.03 vs TSE:4684: 46.65

OBIC Co's Days Sales Outstanding declined from Mar. 2023 (49.81) to Mar. 2024 (47.51).

OBIC Co Days Sales Outstanding Historical Data

The historical data trend for OBIC 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.

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OBIC Co Days Sales Outstanding Chart

OBIC Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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44.75

46.02

45.84

45.96

46.67

OBIC Co 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															49.81	46.58	45.81	46.66	47.51

Competitive Comparison of OBIC Co's Days Sales Outstanding

For the Software - Application subindustry, OBIC 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.

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

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

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

OBIC 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.

OBIC Co'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
=	( (13786	+	14752)	/	2 )	/	111590	*	365
=	14269					/	111590	*	365
=	46.67

OBIC Co'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
=	( (14412	+	14752)	/	2 )	/	28005	*	365 / 4
=	14582					/	28005	*	365 / 4
=	47.51

OBIC Co (TSE:4684) Days Sales Outstanding Explanation

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

OBIC Co Days Sales Outstanding Related Terms

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OBIC Co (TSE:4684) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » OBIC Co Ltd (TSE:4684) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

OBIIF:USA OBL:Germany

Address

Obic Building, 2-4-15 Kyobashi, Chuo-ku, Tokyo, JPN, 104-8328

Website

http://www.obic.co.jp

OBIC Co Ltd is a Japan-based IT service management company. Its principal operations are system integration services, system support services, office automation services, and package software services, providing customers with total solution services. The company's business segments include System Integration Services, OBIC7 series ERP software, System Support Services and Office Automation Services.

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