Ichinen Holdings Co (TSE:9619) Days Sales Outstanding : 49.97 (As of Dec. 2023)

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What is Ichinen Holdings Co Days Sales Outstanding?

Ichinen Holdings Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円20,327 Mil. Ichinen Holdings Co's Revenue for the three months ended in Dec. 2023 was 円37,117 Mil. Hence, Ichinen Holdings Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 49.97.

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

TSE:9619' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.38 Med: 56.92 Max: 63.26
Current: 53.02

During the past 13 years, Ichinen Holdings Co's highest Days Sales Outstanding was 63.26. The lowest was 9.38. And the median was 56.92.

TSE:9619's Days Sales Outstanding is ranked better than
56.79% of 1039 companies
in the Business Services industry
Industry Median: 58.15 vs TSE:9619: 53.02

Ichinen Holdings Co's Days Sales Outstanding increased from Dec. 2022 (47.97) to Dec. 2023 (49.97).

Ichinen Holdings Co Days Sales Outstanding Historical Data

The historical data trend for Ichinen 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.

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Ichinen Holdings Co Days Sales Outstanding Chart

Ichinen Holdings Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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63.26

62.28

57.36

52.57

56.47

Ichinen Holdings Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															50.40	50.56	50.50	49.97	57.05

Competitive Comparison of Ichinen Holdings Co's Days Sales Outstanding

For the Rental & Leasing Services subindustry, Ichinen 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.

Ichinen Holdings Co's Days Sales Outstanding Distribution in the Business Services Industry

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

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

Ichinen 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.

Ichinen Holdings Co's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (18497	+	24281)	/	2 )	/	138253	*	365
=	21389					/	138253	*	365
=	56.47

Ichinen 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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (17905	+	22749)	/	2 )	/	37117	*	365 / 4
=	20327					/	37117	*	365 / 4
=	49.97

Ichinen Holdings Co (TSE:9619) Days Sales Outstanding Explanation

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

Ichinen Holdings Co Days Sales Outstanding Related Terms

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Ichinen Holdings Co (TSE:9619) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ichinen Holdings Co Ltd (TSE:9619) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-10-6 four Yodogawa-ku, Osaka, JPN, 532-8567

Website

http://www.ichinenhd.co.jp

Ichinen Holdings Co Ltd is engaged in the automotive leasing business, chemicals, parking, sales of machine tools, and synthetic resins.

Ichinen Holdings Co (TSE:9619) Headlines

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