Nippon Grande Co (SSE:2976) Days Sales Outstanding : 0.76 (As of Dec. 2023)

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What is Nippon Grande Co Days Sales Outstanding?

Nippon Grande Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円14 Mil. Nippon Grande Co's Revenue for the three months ended in Dec. 2023 was 円1,696 Mil. Hence, Nippon Grande Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 0.76.

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

SSE:2976' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.58 Med: 2.62 Max: 4.98
Current: 1.13

During the past 7 years, Nippon Grande Co's highest Days Sales Outstanding was 4.98. The lowest was 0.58. And the median was 2.62.

SSE:2976's Days Sales Outstanding is ranked better than
95.21% of 1670 companies
in the Real Estate industry
Industry Median: 36.87 vs SSE:2976: 1.13

Nippon Grande Co's Days Sales Outstanding declined from Dec. 2022 (1.51) to Dec. 2023 (0.76).

Nippon Grande Co Days Sales Outstanding Historical Data

The historical data trend for Nippon Grande 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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Nippon Grande Co Days Sales Outstanding Chart

Nippon Grande Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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0.67

2.63

4.98

4.23

2.62

Nippon Grande 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															1.51	0.75	1.72	4.25	0.76

Competitive Comparison of Nippon Grande Co's Days Sales Outstanding

For the Real Estate Services subindustry, Nippon Grande 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.

Nippon Grande Co's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Nippon Grande Co's Days Sales Outstanding distribution charts can be found below:

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

Nippon Grande 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.

Nippon Grande 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
=	( (47.962	+	17.489)	/	2 )	/	4563.64	*	365
=	32.7255					/	4563.64	*	365
=	2.62

Nippon Grande 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
=	( (9.844	+	18.279)	/	2 )	/	1696.273	*	365 / 4
=	14.0615					/	1696.273	*	365 / 4
=	0.76

Nippon Grande Co (SSE:2976) Days Sales Outstanding Explanation

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

Nippon Grande Co Days Sales Outstanding Related Terms

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Nippon Grande Co (SSE:2976) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Nippon Grande Co Ltd (SSE:2976) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-chome, Odori Nishi 1-chome, Chuo-ku, Sapporo City, JPN

Website

https://www.nippon-grande.co.jp

Nippon Grande Co Ltd is a Japanese based company engaged in providing real estate based services. It offers real estate sales, real estate leasing and other services.

Nippon Grande Co (SSE:2976) Headlines

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