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Tokyo Century (TSE:8439) Days Sales Outstanding : 66.12 (As of Dec. 2023)


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What is Tokyo Century Days Sales Outstanding?

Tokyo Century's average Accounts Receivable for the three months ended in Dec. 2023 was 円230,366 Mil. Tokyo Century's Revenue for the three months ended in Dec. 2023 was 円317,905 Mil. Hence, Tokyo Century's Days Sales Outstanding for the three months ended in Dec. 2023 was 66.12.

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

TSE:8439' s Days Sales Outstanding Range Over the Past 10 Years
Min: 62.38   Med: 84.03   Max: 106.47
Current: 62.38

During the past 13 years, Tokyo Century's highest Days Sales Outstanding was 106.47. The lowest was 62.38. And the median was 84.03.

TSE:8439's Days Sales Outstanding is ranked worse than
55.12% of 1036 companies
in the Business Services industry
Industry Median: 58.545 vs TSE:8439: 62.38

Tokyo Century's Days Sales Outstanding declined from Dec. 2022 (67.23) to Dec. 2023 (66.12).


Tokyo Century Days Sales Outstanding Historical Data

The historical data trend for Tokyo Century'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.

* Premium members only.

Tokyo Century Days Sales Outstanding Chart

Tokyo Century Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 80.59 71.73 69.73 65.93 64.40

Tokyo Century 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 67.23 59.34 65.09 58.99 66.12

Competitive Comparison of Tokyo Century's Days Sales Outstanding

For the Rental & Leasing Services subindustry, Tokyo Century'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.


Tokyo Century's Days Sales Outstanding Distribution in the Business Services Industry

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

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



Tokyo Century 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.

Tokyo Century'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
=( (231297 + 236250) / 2 ) / 1324962*365
=233773.5 / 1324962*365
=64.40

Tokyo Century'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
=( (227770 + 232962) / 2 ) / 317905*365 / 4
=230366 / 317905*365 / 4
=66.12

* 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.


Tokyo Century  (TSE:8439) Days Sales Outstanding Explanation

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


Tokyo Century Days Sales Outstanding Related Terms

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Tokyo Century (TSE:8439) Business Description

Traded in Other Exchanges
Address
World Trade Center Building, 4-1 Hamamatsu-cho 2-chome, Minato-ku, Tokyo, JPN, 1056110
Century Tokyo Leasing Corp is a provider of various leasing and financing solutions. The company offers finance leases and operating leases, automobile leasing, instalment sales, real estate financing, ship financing, aviation financing, and account receivable financing and securitization. Century Tokyo Leasing specialises in information technology related equipment leasing as well as industrial equipment and machinery. The largest end markets for Century Tokyo Leasing are Japan and Ireland.

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