Glad Cube (TSE:9561) Days Sales Outstanding : 121.78 (As of Mar. 2024)

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What is Glad Cube Days Sales Outstanding?

Glad Cube's average Accounts Receivable for the three months ended in Mar. 2024 was 円576 Mil. Glad Cube's Revenue for the three months ended in Mar. 2024 was 円432 Mil. Hence, Glad Cube's Days Sales Outstanding for the three months ended in Mar. 2024 was 121.78.

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

TSE:9561' s Days Sales Outstanding Range Over the Past 10 Years
Min: 98.74 Med: 111.93 Max: 121.82
Current: 111.35

During the past 4 years, Glad Cube's highest Days Sales Outstanding was 121.82. The lowest was 98.74. And the median was 111.93.

TSE:9561's Days Sales Outstanding is ranked worse than
80.07% of 2724 companies
in the Software industry
Industry Median: 61.8 vs TSE:9561: 111.35

Glad Cube's Days Sales Outstanding increased from Mar. 2023 (105.94) to Mar. 2024 (121.78).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Glad Cube Days Sales Outstanding Historical Data

The historical data trend for Glad Cube'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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Glad Cube Days Sales Outstanding Chart

Glad Cube Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

98.74

111.04

112.82

121.82

Glad Cube Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial					105.94	121.44	101.54	92.12	121.78

Competitive Comparison of Glad Cube's Days Sales Outstanding

For the Software - Application subindustry, Glad Cube'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.

Glad Cube's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Glad Cube's Days Sales Outstanding distribution charts can be found below:

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

Glad Cube 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.

Glad Cube'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
=	( (414.423	+	602.257)	/	2 )	/	1523.12	*	365
=	508.34					/	1523.12	*	365
=	121.82

Glad Cube's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (602.257	+	549.541)	/	2 )	/	431.527	*	365 / 4
=	575.899					/	431.527	*	365 / 4
=	121.78

Glad Cube (TSE:9561) Days Sales Outstanding Explanation

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

Glad Cube Days Sales Outstanding Related Terms

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Glad Cube (TSE:9561) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Glad Cube Inc (TSE:9561) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-4-7 Kawaramachi, Osaka Chuo-ku, Osaka, JPN, 541-0048

Website

https://corp.glad-cube.com

Glad Cube Inc operates as an internet advertise agency and website optimization platform that provides Heat maps and AB testing function by own product "iTest which includes artificial intelligence and machine learning.

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