Digital Information Technologies (TSE:3916) Days Sales Outstanding : 61.38 (As of Mar. 2024)

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What is Digital Information Technologies Days Sales Outstanding?

Digital Information Technologies's average Accounts Receivable for the three months ended in Mar. 2024 was 円3,472 Mil. Digital Information Technologies's Revenue for the three months ended in Mar. 2024 was 円5,161 Mil. Hence, Digital Information Technologies's Days Sales Outstanding for the three months ended in Mar. 2024 was 61.38.

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

TSE:3916' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.68 Med: 51.36 Max: 59.67
Current: 59.67

During the past 10 years, Digital Information Technologies's highest Days Sales Outstanding was 59.67. The lowest was 38.68. And the median was 51.36.

TSE:3916's Days Sales Outstanding is ranked better than
52.71% of 2734 companies
in the Software industry
Industry Median: 61.68 vs TSE:3916: 59.67

Digital Information Technologies's Days Sales Outstanding declined from Mar. 2023 (62.61) to Mar. 2024 (61.38).

Digital Information Technologies Days Sales Outstanding Historical Data

The historical data trend for Digital Information Technologies'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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Digital Information Technologies Days Sales Outstanding Chart

Digital Information Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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51.04

51.36

50.42

52.13

51.91

Digital Information Technologies 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															62.61	57.16	55.47	58.81	61.38

Competitive Comparison of Digital Information Technologies's Days Sales Outstanding

For the Information Technology Services subindustry, Digital Information Technologies'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.

Digital Information Technologies's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Digital Information Technologies's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Digital Information Technologies's Days Sales Outstanding falls into.

Digital Information Technologies 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.

Digital Information Technologies's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (2529.76	+	2632.464)	/	2 )	/	18149.56	*	365
=	2581.112					/	18149.56	*	365
=	51.91

Digital Information Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (3179.401	+	3763.771)	/	2 )	/	5160.869	*	365 / 4
=	3471.586					/	5160.869	*	365 / 4
=	61.38

Digital Information Technologies (TSE:3916) Days Sales Outstanding Explanation

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

Digital Information Technologies Days Sales Outstanding Related Terms

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Digital Information Technologies (TSE:3916) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Digital Information Technologies Corp (TSE:3916) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

N/A

Address

Chuo-ku, Tokyo Hatchobori 4-chome, 5-4 FORECAST Sakurabashi the third floor, Tokyo, JPN

Website

https://www.ditgroup.jp

Digital Information Technologies Corp is a Japan-based information service company mainly engaged in operation of software development business and computer sales business. The company develops business systems, embedded devices, etc. for clients primarily in the fields of finance, communications. Its products include WebARGUS, a Website security solution; and xoBlos, an Excel work innovation platform.

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