Nissan Securities Group Co (TSE:8705) Days Sales Outstanding : 9.84 (As of Dec. 2023)

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What is Nissan Securities Group Co Days Sales Outstanding?

Nissan Securities Group Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円208 Mil. Nissan Securities Group Co's Revenue for the three months ended in Dec. 2023 was 円1,932 Mil. Hence, Nissan Securities Group Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 9.84.

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

TSE:8705' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.05 Med: 8.44 Max: 38.86
Current: 5.05

During the past 13 years, Nissan Securities Group Co's highest Days Sales Outstanding was 38.86. The lowest was 0.05. And the median was 8.44.

TSE:8705's Days Sales Outstanding is ranked better than
89.01% of 564 companies
in the Capital Markets industry
Industry Median: 65.75 vs TSE:8705: 5.05

Nissan Securities Group Co's Days Sales Outstanding increased from Dec. 2022 (0.91) to Dec. 2023 (9.84).

Nissan Securities Group Co Days Sales Outstanding Historical Data

The historical data trend for Nissan Securities Group 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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Nissan Securities Group Co Days Sales Outstanding Chart

Nissan Securities Group Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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5.97

34.80

38.86

6.74

0.05

Nissan Securities Group 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															0.54	0.52	10.49	9.84	0.29

Competitive Comparison of Nissan Securities Group Co's Days Sales Outstanding

For the Capital Markets subindustry, Nissan Securities Group 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.

Nissan Securities Group Co's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Nissan Securities Group Co's Days Sales Outstanding distribution charts can be found below:

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

Nissan Securities Group 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.

Nissan Securities Group 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
=	( (0	+	1.076)	/	1 )	/	7743.105	*	365
=	1.076					/	7743.105	*	365
=	0.05

Nissan Securities Group Co'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
=	( (404.439	+	12.263)	/	2 )	/	1932.296	*	365 / 4
=	208.351					/	1932.296	*	365 / 4
=	9.84

Nissan Securities Group Co (TSE:8705) Days Sales Outstanding Explanation

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

Nissan Securities Group Co Days Sales Outstanding Related Terms

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Nissan Securities Group Co (TSE:8705) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Nissan Securities Group Co Ltd (TSE:8705) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

OH5:Germany

Address

1-38-11 Nihonbashi Kakigaracho, Chuo-ku, Tokyo, JPN

Website

https://www.nissansec-g.co.jp

Nissan Securities Group Co Ltd through its subsidiaries provides commodity futures trading and commodity trading brokerage services in Japan.

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