GDEP Advance (TSE:5885) Days Sales Outstanding : 31.99 (As of Feb. 2024)

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What is GDEP Advance Days Sales Outstanding?

GDEP Advance's average Accounts Receivable for the three months ended in Feb. 2024 was 円481 Mil. GDEP Advance's Revenue for the three months ended in Feb. 2024 was 円1,373 Mil. Hence, GDEP Advance's Days Sales Outstanding for the three months ended in Feb. 2024 was 31.99.

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

TSE:5885' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.3 Med: 28.49 Max: 46.04
Current: 26.5

During the past 3 years, GDEP Advance's highest Days Sales Outstanding was 46.04. The lowest was 9.30. And the median was 28.49.

TSE:5885's Days Sales Outstanding is ranked better than
94.63% of 2459 companies
in the Hardware industry
Industry Median: 74.52 vs TSE:5885: 26.50

GDEP Advance's Days Sales Outstanding increased from Feb. 2023 (0.00) to Feb. 2024 (31.99).

GDEP Advance Days Sales Outstanding Historical Data

The historical data trend for GDEP Advance'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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GDEP Advance Days Sales Outstanding Chart

GDEP Advance Annual Data

Trend

May21

May22

May23

Days Sales Outstanding

46.04

28.49

9.30

GDEP Advance Quarterly Data
	May21	May22	Feb23	May23	Aug23	Nov23	Feb24
Days Sales Outstanding	Get a 7-Day Free Trial			-	8.98	14.30	18.80	31.99

Competitive Comparison of GDEP Advance's Days Sales Outstanding

For the Computer Hardware subindustry, GDEP Advance'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.

GDEP Advance's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, GDEP Advance's Days Sales Outstanding distribution charts can be found below:

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

GDEP Advance 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.

GDEP Advance's Days Sales Outstanding for the fiscal year that ended in May. 2023 is calculated as

	Days Sales Outstanding (A: May. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: May. 2022 )	+	Accounts Receivable (A: May. 2023 ))	/	count )	/	Revenue (A: May. 2023 )	*	Days in Period
=	( (110.81	+	81.803)	/	2 )	/	3778.824	*	365
=	96.3065					/	3778.824	*	365
=	9.30

GDEP Advance's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding (Q: Feb. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Nov. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )	/	Revenue (A: Feb. 2024 )	*	Days in Period
=	( (337.481	+	625.012)	/	2 )	/	1372.827	*	365 / 4
=	481.2465					/	1372.827	*	365 / 4
=	31.99

GDEP Advance (TSE:5885) Days Sales Outstanding Explanation

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

GDEP Advance Days Sales Outstanding Related Terms

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GDEP Advance (TSE:5885) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » GDEP Advance Inc (TSE:5885) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-4-33 Kokubuncho, 8th floor, Sendai Jozenji Building, Aoba-ku, Sendai, JPN, 980-0803

Website

https://info.gdep.co.jp

GDEP Advance Inc is engaged in the Sales Business of hardware and other products that enable advanced processing such as AI learning. The company's products include Graphic boards, Computing boards, FPGA boards, Deep learning boxes, fsv-rm1u4b, and others.

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