Hikari Heights-Varus Co (SSE:2137) Days Sales Outstanding : 50.20 (As of Dec. 2023)

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What is Hikari Heights-Varus Co Days Sales Outstanding?

Hikari Heights-Varus Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円424 Mil. Hikari Heights-Varus Co's Revenue for the three months ended in Dec. 2023 was 円770 Mil. Hence, Hikari Heights-Varus Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 50.20.

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

SSE:2137' s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.79 Med: 40.82 Max: 50.57
Current: 50.05

During the past 11 years, Hikari Heights-Varus Co's highest Days Sales Outstanding was 50.57. The lowest was 34.79. And the median was 40.82.

SSE:2137's Days Sales Outstanding is ranked worse than
53.75% of 640 companies
in the Healthcare Providers & Services industry
Industry Median: 45.94 vs SSE:2137: 50.05

Hikari Heights-Varus Co's Days Sales Outstanding increased from Dec. 2022 (49.57) to Dec. 2023 (50.20).

Hikari Heights-Varus Co Days Sales Outstanding Historical Data

The historical data trend for Hikari Heights-Varus 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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Hikari Heights-Varus Co Days Sales Outstanding Chart

Hikari Heights-Varus Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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42.25

48.18

48.45

50.57

49.98

Hikari Heights-Varus 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															49.57	49.16	49.52	50.88	50.20

Competitive Comparison of Hikari Heights-Varus Co's Days Sales Outstanding

For the Medical Care Facilities subindustry, Hikari Heights-Varus 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.

Hikari Heights-Varus Co's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Hikari Heights-Varus Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hikari Heights-Varus Co's Days Sales Outstanding falls into.

Hikari Heights-Varus 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.

Hikari Heights-Varus 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
=	( (441.014	+	395.275)	/	2 )	/	3053.769	*	365
=	418.1445					/	3053.769	*	365
=	49.98

Hikari Heights-Varus 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
=	( (420.655	+	426.473)	/	2 )	/	769.902	*	365 / 4
=	423.564					/	769.902	*	365 / 4
=	50.20

Hikari Heights-Varus Co (SSE:2137) Days Sales Outstanding Explanation

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

Hikari Heights-Varus Co Days Sales Outstanding Related Terms

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Hikari Heights-Varus Co (SSE:2137) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Hikari Heights-Varus Co Ltd (SSE:2137) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Southern 19th West 11th Street No. 1-15, Chuo-ku, Sapporo, JPN, 005-0013

Website

http://www.varus.co.jp

Hikari Heights-Varus Co Ltd is a Japanese firm engaged in operating senior homes. It operates nursing homes for the elderly. The Company provides rooms for healthy elderly as well as ones requiring assisted living.

Hikari Heights-Varus Co (SSE:2137) Headlines

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