Caster Co (TSE:9331) Days Sales Outstanding : 21.23 (As of Aug. 2023)

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What is Caster Co Days Sales Outstanding?

Caster Co's average Accounts Receivable for the six months ended in Aug. 2023 was 円243 Mil. Caster Co's Revenue for the six months ended in Aug. 2023 was 円4,179 Mil. Hence, Caster Co's Days Sales Outstanding for the six months ended in Aug. 2023 was 10.61.

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

TSE:9331' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.98 Med: 21.23 Max: 22.17
Current: 21.23

During the past 3 years, Caster Co's highest Days Sales Outstanding was 22.17. The lowest was 19.98. And the median was 21.23.

TSE:9331's Days Sales Outstanding is ranked better than
90.99% of 1043 companies
in the Business Services industry
Industry Median: 58.62 vs TSE:9331: 21.23

Caster Co's Days Sales Outstanding declined from Aug. 2021 (22.17) to Aug. 2023 (21.23).

Caster Co Days Sales Outstanding Historical Data

The historical data trend for Caster 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.

* Premium members only.

Caster Co Days Sales Outstanding Chart

Caster Co Annual Data

Trend

Aug21

Aug22

Aug23

Days Sales Outstanding

22.17

19.98

21.23

Caster Co Semi-Annual Data
	Aug21	Aug22	Aug23
Days Sales Outstanding	22.17	19.98	21.23

Competitive Comparison of Caster Co's Days Sales Outstanding

For the Staffing & Employment Services subindustry, Caster 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.

Caster Co's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Caster Co's Days Sales Outstanding distribution charts can be found below:

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

Caster 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.

Caster Co'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
=	( (229.592	+	256.582)	/	2 )	/	4179.385	*	365
=	243.087					/	4179.385	*	365
=	21.23

Caster Co's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:

	Days Sales Outstanding (Q: 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
=	( (229.592	+	256.582)	/	2 )	/	4179.385	*	365 / 2
=	243.087					/	4179.385	*	365 / 2
=	10.61

Caster Co (TSE:9331) Days Sales Outstanding Explanation

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

Caster Co Days Sales Outstanding Related Terms

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Caster Co (TSE:9331) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Caster Co Ltd (TSE:9331) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

11365-1 Kanoda, Saito, Miyazaki, JPN, 881-0104

Website

https://caster.co.jp

Caster Co Ltd is engaged in human resource business operation that includes remote assistance. It has a motive to make remote work the norm.

Caster Co (TSE:9331) Headlines

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