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Secure (TSE:4264) Days Sales Outstanding : 45.70 (As of Dec. 2023)


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What is Secure Days Sales Outstanding?

Secure's average Accounts Receivable for the three months ended in Dec. 2023 was 円699 Mil. Secure's Revenue for the three months ended in Dec. 2023 was 円1,396 Mil. Hence, Secure's Days Sales Outstanding for the three months ended in Dec. 2023 was 45.70.

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

TSE:4264' s Days Sales Outstanding Range Over the Past 10 Years
Min: 43.82   Med: 48.54   Max: 51.64
Current: 50.71

During the past 4 years, Secure's highest Days Sales Outstanding was 51.64. The lowest was 43.82. And the median was 48.54.

TSE:4264's Days Sales Outstanding is ranked better than
59.65% of 1036 companies
in the Business Services industry
Industry Median: 58.43 vs TSE:4264: 50.71

Secure's Days Sales Outstanding increased from Dec. 2022 (40.18) to Dec. 2023 (45.70).


Secure Days Sales Outstanding Historical Data

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

Secure Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
49.67 47.40 51.64 43.82

Secure Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 40.18 46.05 68.05 52.78 45.70

Competitive Comparison of Secure's Days Sales Outstanding

For the Security & Protection Services subindustry, Secure'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.


Secure's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Secure's Days Sales Outstanding distribution charts can be found below:

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



Secure 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.

Secure'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
=( (459.722 + 786.836) / 2 ) / 5191.074*365
=623.279 / 5191.074*365
=43.82

Secure'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
=( (611.819 + 786.836) / 2 ) / 1396.236*365 / 4
=699.3275 / 1396.236*365 / 4
=45.70

* 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.


Secure  (TSE:4264) Days Sales Outstanding Explanation

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


Secure Days Sales Outstanding Related Terms

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Secure (TSE:4264) Business Description

Traded in Other Exchanges
Address
2-6-1 Nishishinjuku, 20F Shinjuku-Sumitomo Building, Shinjuku-ku, Tokyo, JPN, 163-0220
Secure Inc provides access control and surveillance camera systems for corporate service.

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