Mirarth Holdings (TSE:8897) Days Sales Outstanding : 11.35 (As of Dec. 2023)

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What is Mirarth Holdings Days Sales Outstanding?

Mirarth Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was 円4,242 Mil. Mirarth Holdings's Revenue for the three months ended in Dec. 2023 was 円34,100 Mil. Hence, Mirarth Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 11.35.

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

TSE:8897' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.85 Med: 4.64 Max: 8.62
Current: 8.62

During the past 13 years, Mirarth Holdings's highest Days Sales Outstanding was 8.62. The lowest was 1.85. And the median was 4.64.

TSE:8897's Days Sales Outstanding is ranked better than
77.78% of 1665 companies
in the Real Estate industry
Industry Median: 36.82 vs TSE:8897: 8.62

Mirarth Holdings's Days Sales Outstanding declined from Dec. 2022 (11.78) to Dec. 2023 (11.35).

Mirarth Holdings Days Sales Outstanding Historical Data

The historical data trend for Mirarth Holdings'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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Mirarth Holdings Days Sales Outstanding Chart

Mirarth Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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4.99

4.36

5.10

5.70

7.57

Mirarth Holdings 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															11.78	4.66	11.25	10.94	11.35

Competitive Comparison of Mirarth Holdings's Days Sales Outstanding

For the Real Estate - Development subindustry, Mirarth Holdings'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.

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

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

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

Mirarth Holdings 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.

Mirarth Holdings'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
=	( (2886	+	3477)	/	2 )	/	153472	*	365
=	3181.5					/	153472	*	365
=	7.57

Mirarth Holdings'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
=	( (3982	+	4502)	/	2 )	/	34100	*	365 / 4
=	4242					/	34100	*	365 / 4
=	11.35

Mirarth Holdings (TSE:8897) Days Sales Outstanding Explanation

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

Mirarth Holdings Days Sales Outstanding Related Terms

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Mirarth Holdings (TSE:8897) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mirarth Holdings Inc (TSE:8897) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-8-2, Marunouchi, Tekko Building 16th Floor, Chiyoda-ku, Tokyo, JPN, 100-0005

Website

https://www.mirarth.co.jp

Mirarth Holdings Inc operates in Real Estate Business, Energy Business, Asset Management Business, and Other Businesses.

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