SPARX Group Co (TSE:8739) Days Sales Outstanding : 30.07 (As of Dec. 2023)

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What is SPARX Group Co Days Sales Outstanding?

SPARX Group Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円1,260 Mil. SPARX Group Co's Revenue for the three months ended in Dec. 2023 was 円3,822 Mil. Hence, SPARX Group Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 30.07.

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

TSE:8739' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.75 Med: 29.2 Max: 42.13
Current: 29.2

During the past 13 years, SPARX Group Co's highest Days Sales Outstanding was 42.13. The lowest was 19.75. And the median was 29.20.

TSE:8739's Days Sales Outstanding is ranked better than
68.16% of 512 companies
in the Asset Management industry
Industry Median: 49.62 vs TSE:8739: 29.20

SPARX Group Co's Days Sales Outstanding declined from Dec. 2022 (34.01) to Dec. 2023 (30.07).

SPARX Group Co Days Sales Outstanding Historical Data

The historical data trend for SPARX 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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SPARX Group Co Days Sales Outstanding Chart

SPARX Group Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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28.36

20.72

19.75

24.28

31.41

SPARX Group Co 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															34.01	32.70	29.85	27.31	30.07

Competitive Comparison of SPARX Group Co's Days Sales Outstanding

For the Asset Management subindustry, SPARX 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.

SPARX Group Co's Days Sales Outstanding Distribution in the Asset Management Industry

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

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

SPARX 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.

SPARX Group Co'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
=	( (965	+	1334)	/	2 )	/	13359	*	365
=	1149.5					/	13359	*	365
=	31.41

SPARX 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
=	( (1398	+	1121)	/	2 )	/	3822	*	365 / 4
=	1259.5					/	3822	*	365 / 4
=	30.07

SPARX Group Co (TSE:8739) Days Sales Outstanding Explanation

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

SPARX Group Co Days Sales Outstanding Related Terms

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SPARX Group Co (TSE:8739) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » SPARX Group Co Ltd (TSE:8739) » Definitions » Days Sales Outstanding

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SRXXF:USA

Address

1-2-70 Konan, Shinagawa Season Terrace, 6th Floor, Minato-ku, Tokyo, JPN, 108 0075

Website

http://www.sparx.jp

SPARX Group Co Ltd is a Japan-based holding company engaged in the Asset Management Business and Investment Advisory Business, through its subsidiaries. It operates a variety of investment strategies through a host of entities. The group invests on behalf of corporate pension annuities, government entities, private and trust banks, and public pension funds. Strategies include Japanese equity, Asia ex-Japan alternatives, and Korean strategies. In addition to mutual fund offerings, the company offers advisory services to customers in Japan. Mutual fund offerings are offered directly or through brokerage houses, banks, and other intermediaries globally.

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