Bizmates (TSE:9345) Days Sales Outstanding : 6.01 (As of Jun. 2024)

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What is Bizmates Days Sales Outstanding?

Bizmates's average Accounts Receivable for the three months ended in Jun. 2024 was 円56 Mil. Bizmates's Revenue for the three months ended in Jun. 2024 was 円847 Mil. Hence, Bizmates's Days Sales Outstanding for the three months ended in Jun. 2024 was 6.01.

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

TSE:9345' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.3 Med: 3.97 Max: 5.53
Current: 5.53

During the past 4 years, Bizmates's highest Days Sales Outstanding was 5.53. The lowest was 3.30. And the median was 3.97.

TSE:9345's Days Sales Outstanding is ranked better than
80.4% of 250 companies
in the Education industry
Industry Median: 29.715 vs TSE:9345: 5.53

Bizmates's Days Sales Outstanding increased from Jun. 2023 (3.99) to Jun. 2024 (6.01).

Bizmates Days Sales Outstanding Historical Data

The historical data trend for Bizmates'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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Bizmates Days Sales Outstanding Chart

Bizmates Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

4.58

3.30

3.35

4.80

Bizmates Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial					3.99	4.88	5.11	5.92	6.01

Competitive Comparison of Bizmates's Days Sales Outstanding

For the Education & Training Services subindustry, Bizmates'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.

Bizmates's Days Sales Outstanding Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Bizmates's Days Sales Outstanding distribution charts can be found below:

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

Bizmates 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.

Bizmates'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
=	( (31.682	+	50.812)	/	2 )	/	3135.142	*	365
=	41.247					/	3135.142	*	365
=	4.80

Bizmates's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2024 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (55.242	+	56.312)	/	2 )	/	847.446	*	365 / 4
=	55.777					/	847.446	*	365 / 4
=	6.01

Bizmates (TSE:9345) Days Sales Outstanding Explanation

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

Bizmates Days Sales Outstanding Related Terms

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Bizmates Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Bizmates Inc (TSE:9345) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-7-9 Kandasudacho, VORT Akihabara maximum 10th Floor, Chiyoda-ku, Tokyo, JPN, 101-0041

Website

https://www.bizmates.co.jp

Bizmates Inc is a online business communication school focused on helping Japanese professionals with their business English needs.

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