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AR Advanced Technology (TSE:5578) Days Sales Outstanding : 50.64 (As of May. 2024)


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What is AR Advanced Technology Days Sales Outstanding?

AR Advanced Technology's average Accounts Receivable for the three months ended in May. 2024 was 円1,599 Mil. AR Advanced Technology's Revenue for the three months ended in May. 2024 was 円2,882 Mil. Hence, AR Advanced Technology's Days Sales Outstanding for the three months ended in May. 2024 was 50.64.

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

TSE:5578' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.45   Med: 54.68   Max: 57.26
Current: 52.45

During the past 3 years, AR Advanced Technology's highest Days Sales Outstanding was 57.26. The lowest was 52.45. And the median was 54.68.

TSE:5578's Days Sales Outstanding is ranked better than
60.87% of 2750 companies
in the Software industry
Industry Median: 61.4 vs TSE:5578: 52.45

AR Advanced Technology's Days Sales Outstanding declined from May. 2023 (55.53) to May. 2024 (50.64).


AR Advanced Technology Days Sales Outstanding Historical Data

The historical data trend for AR Advanced Technology'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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AR Advanced Technology Days Sales Outstanding Chart

AR Advanced Technology Annual Data
Trend Aug21 Aug22 Aug23
Days Sales Outstanding
57.26 54.68 52.83

AR Advanced Technology Quarterly Data
Aug21 Aug22 Feb23 May23 Aug23 Nov23 Feb24 May24
Days Sales Outstanding Get a 7-Day Free Trial 55.53 53.93 50.42 55.07 50.64

Competitive Comparison of AR Advanced Technology's Days Sales Outstanding

For the Information Technology Services subindustry, AR Advanced Technology'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.


AR Advanced Technology's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where AR Advanced Technology's Days Sales Outstanding falls into.



AR Advanced Technology 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.

AR Advanced Technology's Days Sales Outstanding for the fiscal year that ended in Aug. 2023 is calculated as

Days Sales Outstanding (A: Aug. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Aug. 2022 ) + Accounts Receivable (A: Aug. 2023 )) / count ) / Revenue (A: Aug. 2023 )*Days in Period
=( (1435.209 + 1506.345) / 2 ) / 10162.068*365
=1470.777 / 10162.068*365
=52.83

AR Advanced Technology's Days Sales Outstanding for the quarter that ended in May. 2024 is calculated as:

Days Sales Outstanding (Q: May. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Feb. 2024 ) + Accounts Receivable (A: May. 2024 )) / count ) / Revenue (A: May. 2024 )*Days in Period
=( (1711.939 + 1486.395) / 2 ) / 2881.869*365 / 4
=1599.167 / 2881.869*365 / 4
=50.64

* 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.


AR Advanced Technology  (TSE:5578) Days Sales Outstanding Explanation

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


AR Advanced Technology Days Sales Outstanding Related Terms

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AR Advanced Technology Business Description

Traded in Other Exchanges
N/A
Address
1-14-16 Shibuya, Shibuya Nomura Securities Building 8th floor, Shibuya-ku, Tokyo, JPN, 150-0002
AR Advanced Technology Inc is engaged in the DX solution business utilizing cloud technology, data analysis, and AI. It provides a comprehensive service that goes beyond simple system introduction. Its products and services include Loogue faq, an AI chatbot that is specialized in employee inquiries; Zidoma data which may be useful to reduce fileserver operating costs; and Mieta a cloud contact center analysis management service.

AR Advanced Technology Headlines

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