Avex (TSE:7860) Days Sales Outstanding : 60.41 (As of Dec. 2023)

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What is Avex Days Sales Outstanding?

Avex's average Accounts Receivable for the three months ended in Dec. 2023 was 円19,878 Mil. Avex's Revenue for the three months ended in Dec. 2023 was 円30,027 Mil. Hence, Avex's Days Sales Outstanding for the three months ended in Dec. 2023 was 60.41.

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

TSE:7860' s Days Sales Outstanding Range Over the Past 10 Years
Min: 43.11 Med: 49.38 Max: 72.13
Current: 57.31

During the past 13 years, Avex's highest Days Sales Outstanding was 72.13. The lowest was 43.11. And the median was 49.38.

TSE:7860's Days Sales Outstanding is ranked better than
59.55% of 1016 companies
in the Media - Diversified industry
Industry Median: 68.005 vs TSE:7860: 57.31

Avex's Days Sales Outstanding increased from Dec. 2022 (50.61) to Dec. 2023 (60.41).

Avex Days Sales Outstanding Historical Data

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

Avex Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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48.45

72.13

51.87

54.14

61.44

Avex 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															51.82	60.32	55.10	60.41	50.78

Competitive Comparison of Avex's Days Sales Outstanding

For the Entertainment subindustry, Avex'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.

Avex's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Avex's Days Sales Outstanding distribution charts can be found below:

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

Avex 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.

Avex'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
=	( (22206	+	22700)	/	2 )	/	133387	*	365
=	22453					/	133387	*	365
=	61.44

Avex'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
=	( (19044	+	20711)	/	2 )	/	30027	*	365 / 4
=	19877.5					/	30027	*	365 / 4
=	60.41

Avex (TSE:7860) Days Sales Outstanding Explanation

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

Avex Days Sales Outstanding Related Terms

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Avex (TSE:7860) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Avex Inc (TSE:7860) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

AX8:Germany

Address

Avex Building, 3-30-3 Minami Aoyama, Minato-ku, Tokyo, JPN, 107-8577

Website

http://www.avex.co.jp

Avex Inc is a diversified media company, which holds a number of entertainment subsidiaries. The company has four primary business segments: music, video, management and live content, and other. The music segment designs, produces, and sells music and music-related content. The video segment plans, produces, sells, and distributes video content and feature films. The management and live business segment manages artists, sells merchandise, operates fan clubs, and is involved in the production of concerts and live events. The other business segment operates schools, restaurants, and real estate. The company generates the vast majority of its revenue in Japan.

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