Nippon RAD (TSE:4736) Days Sales Outstanding : 56.90 (As of Dec. 2023)

View and export this data going back to 1999. Start your Free Trial

What is Nippon RAD Days Sales Outstanding?

Nippon RAD's average Accounts Receivable for the three months ended in Dec. 2023 was 円661 Mil. Nippon RAD's Revenue for the three months ended in Dec. 2023 was 円1,060 Mil. Hence, Nippon RAD's Days Sales Outstanding for the three months ended in Dec. 2023 was 56.90.

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

TSE:4736' s Days Sales Outstanding Range Over the Past 10 Years
Min: 59.94 Med: 77.33 Max: 80.23
Current: 61.39

During the past 13 years, Nippon RAD's highest Days Sales Outstanding was 80.23. The lowest was 59.94. And the median was 77.33.

TSE:4736's Days Sales Outstanding is ranked better than
50.62% of 2732 companies
in the Software industry
Industry Median: 61.815 vs TSE:4736: 61.39

Nippon RAD's Days Sales Outstanding declined from Dec. 2022 (61.55) to Dec. 2023 (56.90).

Nippon RAD Days Sales Outstanding Historical Data

The historical data trend for Nippon RAD'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.

Nippon RAD Days Sales Outstanding Chart

Nippon RAD Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

75.33

77.33

77.37

59.94

67.45

Nippon RAD 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															61.55	62.25	63.96	60.32	56.90

Competitive Comparison of Nippon RAD's Days Sales Outstanding

For the Information Technology Services subindustry, Nippon RAD'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.

Nippon RAD's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Nippon RAD's Days Sales Outstanding falls into.

Nippon RAD 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.

Nippon RAD'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
=	( (564.855	+	749.291)	/	2 )	/	3555.483	*	365
=	657.073					/	3555.483	*	365
=	67.45

Nippon RAD'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
=	( (616.432	+	705.904)	/	2 )	/	1060.254	*	365 / 4
=	661.168					/	1060.254	*	365 / 4
=	56.90

Nippon RAD (TSE:4736) Days Sales Outstanding Explanation

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

Nippon RAD Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Nippon RAD's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Nippon RAD (TSE:4736) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nippon RAD Inc (TSE:4736) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-2-5 Toranomon, Minato-ku, Kyodo Tsushin Kaikan Building, Tokyo, JPN, 105-0001

Website

https://www.nippon-rad.co.jp

Nippon RAD Inc is engaged in the development of systems and software for various industries and operations. The solutions of the company include the GW system, card operation system, risk management system, vehicle management system, and risk management system.

Nippon RAD (TSE:4736) Headlines

No Headlines