Artra Group (TSE:6029) Days Sales Outstanding : 25.79 (As of Dec. 2023)

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What is Artra Group Days Sales Outstanding?

Artra Group's average Accounts Receivable for the three months ended in Dec. 2023 was 円383 Mil. Artra Group's Revenue for the three months ended in Dec. 2023 was 円1,355 Mil. Hence, Artra Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 25.79.

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

TSE:6029' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.18 Med: 36.23 Max: 41.8
Current: 28.88

During the past 11 years, Artra Group's highest Days Sales Outstanding was 41.80. The lowest was 26.18. And the median was 36.23.

TSE:6029's Days Sales Outstanding is ranked better than
72.34% of 640 companies
in the Healthcare Providers & Services industry
Industry Median: 46.205 vs TSE:6029: 28.88

Artra Group's Days Sales Outstanding increased from Dec. 2022 (24.94) to Dec. 2023 (25.79).

Artra Group Days Sales Outstanding Historical Data

The historical data trend for Artra Group'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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Artra Group Days Sales Outstanding Chart

Artra Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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39.64

39.14

32.84

26.18

31.79

Artra Group 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															24.94	29.47	28.06	30.04	25.79

Competitive Comparison of Artra Group's Days Sales Outstanding

For the Medical Care Facilities subindustry, Artra Group'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.

Artra Group's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Artra Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Artra Group's Days Sales Outstanding falls into.

Artra Group 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.

Artra Group'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
=	( (345.385	+	438.177)	/	2 )	/	4497.601	*	365
=	391.781					/	4497.601	*	365
=	31.79

Artra Group'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
=	( (327.622	+	438.177)	/	2 )	/	1354.961	*	365 / 4
=	382.8995					/	1354.961	*	365 / 4
=	25.79

Artra Group (TSE:6029) Days Sales Outstanding Explanation

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

Artra Group Days Sales Outstanding Related Terms

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Artra Group (TSE:6029) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Artra Group Corp (TSE:6029) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-6-9 Itachibori, Daika Building, Nishi-ku, Osaka-shi, Osaka, JPN, 550-0012

Website

http://www.artra-group.co.jp

Artra Group Corp is engaged in supporting and managing acupuncture, moxibustion, and orthopedic clinic chain with Honetsugi brand. The company's service includes request service for payment of medical expenses.

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