Miyakoshi Holdings (TSE:6620) Days Sales Outstanding : 31.15 (As of Dec. 2023)

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What is Miyakoshi Holdings Days Sales Outstanding?

Miyakoshi Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was 円99 Mil. Miyakoshi Holdings's Revenue for the three months ended in Dec. 2023 was 円290 Mil. Hence, Miyakoshi Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 31.15.

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

TSE:6620' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.11 Med: 24.02 Max: 99.66
Current: 36.56

During the past 13 years, Miyakoshi Holdings's highest Days Sales Outstanding was 99.66. The lowest was 4.11. And the median was 24.02.

TSE:6620's Days Sales Outstanding is ranked better than
62.97% of 505 companies
in the Asset Management industry
Industry Median: 50.85 vs TSE:6620: 36.56

Miyakoshi Holdings's Days Sales Outstanding declined from Dec. 2022 (61.88) to Dec. 2023 (31.15).

Miyakoshi Holdings Days Sales Outstanding Historical Data

The historical data trend for Miyakoshi Holdings'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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Miyakoshi Holdings Days Sales Outstanding Chart

Miyakoshi Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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4.11

4.90

20.40

61.87

64.20

Miyakoshi Holdings 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															61.88	42.34	38.71	30.58	31.15

Competitive Comparison of Miyakoshi Holdings's Days Sales Outstanding

For the Asset Management subindustry, Miyakoshi Holdings'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.

Miyakoshi Holdings's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Miyakoshi Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Miyakoshi Holdings's Days Sales Outstanding falls into.

Miyakoshi Holdings 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.

Miyakoshi Holdings'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
=	( (323	+	141)	/	2 )	/	1319	*	365
=	232					/	1319	*	365
=	64.20

Miyakoshi Holdings'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
=	( (99	+	99)	/	2 )	/	290	*	365 / 4
=	99					/	290	*	365 / 4
=	31.15

Miyakoshi Holdings (TSE:6620) Days Sales Outstanding Explanation

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

Miyakoshi Holdings Days Sales Outstanding Related Terms

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Miyakoshi Holdings (TSE:6620) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Miyakoshi Holdings Inc (TSE:6620) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

23-1, Ohmorikita 1-chome, Ohta-ku, Tokyo, JPN, 143-0016

Website

http://www.miyakoshi-holdings.com

Miyakoshi Holdings Inc is a Japanese investment management company.

Miyakoshi Holdings (TSE:6620) Headlines

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