Answer Holdings Co (TSE:2994) Days Sales Outstanding : 7.25 (As of Dec. 2023)

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What is Answer Holdings Co Days Sales Outstanding?

Answer Holdings Co's average Accounts Receivable for the six months ended in Dec. 2023 was 円36 Mil. Answer Holdings Co's Revenue for the six months ended in Dec. 2023 was 円912 Mil. Hence, Answer Holdings Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 7.25.

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

TSE:2994' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.57 Med: 7.05 Max: 8.1
Current: 7.2

During the past 4 years, Answer Holdings Co's highest Days Sales Outstanding was 8.10. The lowest was 5.57. And the median was 7.05.

TSE:2994's Days Sales Outstanding is not ranked
in the Real Estate industry.
Industry Median: 36.87 vs TSE:2994: 7.20

Answer Holdings Co's Days Sales Outstanding increased from Dec. 2022 (6.22) to Dec. 2023 (7.25).

Answer Holdings Co Days Sales Outstanding Historical Data

The historical data trend for Answer Holdings 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.

Answer Holdings Co Days Sales Outstanding Chart

Answer Holdings Co Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

5.57

7.05

8.10

Answer Holdings Co Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			6.89	7.16	6.22	8.12	7.25

Competitive Comparison of Answer Holdings Co's Days Sales Outstanding

For the Real Estate - Diversified subindustry, Answer Holdings 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.

Answer Holdings Co's Days Sales Outstanding Distribution in the Real Estate Industry

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

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

Answer Holdings 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.

Answer Holdings Co's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (32.754	+	42.138)	/	2 )	/	1687.3	*	365
=	37.446					/	1687.3	*	365
=	8.10

Answer Holdings 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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (42.138	+	30.338)	/	2 )	/	911.956	*	365 / 2
=	36.238					/	911.956	*	365 / 2
=	7.25

Answer Holdings Co (TSE:2994) Days Sales Outstanding Explanation

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

Answer Holdings Co Days Sales Outstanding Related Terms

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Answer Holdings Co (TSE:2994) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Answer Holdings Co Ltd (TSE:2994) » Definitions » Days Sales Outstanding

Comparable Companies

OTSE:TPD1T TSXV:RLP AMM:EMAR ASX:RPG XSAT:SLOTT B NIHK SGX:BCD BOM:531822 BOM:523144 XKLS:6041

Traded in Other Exchanges

N/A

Address

2-15-46 Asano, Kokurakita-ku, Kitakyusyu-shi, Fukuoka, JPN, 802-0001

Website

https://www.answerholdings.co.jp

Answer Holdings Co Ltd is involved in the real estate, remodeling and related business.

Answer Holdings Co (TSE:2994) Headlines

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