Orient (TSE:8585) Days Sales Outstanding : 3,434.47 (As of Dec. 2023)

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What is Orient Days Sales Outstanding?

Orient's average Accounts Receivable for the three months ended in Dec. 2023 was 円2,124,556 Mil. Orient's Revenue for the three months ended in Dec. 2023 was 円56,447 Mil. Hence, Orient's Days Sales Outstanding for the three months ended in Dec. 2023 was 3,434.47.

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

TSE:8585' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3076.01 Med: 5973.04 Max: 6810.15
Current: 3382.84

During the past 13 years, Orient's highest Days Sales Outstanding was 6810.15. The lowest was 3076.01. And the median was 5973.04.

TSE:8585's Days Sales Outstanding is ranked worse than
96.97% of 264 companies
in the Credit Services industry
Industry Median: 43.21 vs TSE:8585: 3382.84

Orient's Days Sales Outstanding declined from Dec. 2022 (4,480.88) to Dec. 2023 (3,434.47).

Orient Days Sales Outstanding Historical Data

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

Orient Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

Get a 7-Day Free Trial

5,821.19

5,110.07

4,021.59

3,990.54

3,076.01

Orient 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															3,862.66	3,946.56	3,892.92	3,434.47	2,627.03

Competitive Comparison of Orient's Days Sales Outstanding

For the Credit Services subindustry, Orient'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.

Orient's Days Sales Outstanding Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Orient's Days Sales Outstanding distribution charts can be found below:

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

Orient 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.

Orient'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
=	( (2485319	+	1375338)	/	2 )	/	229053	*	365
=	1930328.5					/	229053	*	365
=	3,076.01

Orient'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
=	( (2145659	+	2103453)	/	2 )	/	56447	*	365 / 4
=	2124556					/	56447	*	365 / 4
=	3,434.47

Orient (TSE:8585) Days Sales Outstanding Explanation

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

Orient Days Sales Outstanding Related Terms

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Orient (TSE:8585) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Orient Corp (TSE:8585) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 at 2-chome, Tokyo, JPN

Website

http://www.orico.co.jp

Orient Corp or Orico is a consumer finance company. The company provides installment credit services, credit cards and direct cash loan services, and bank loan guarantee services through a network of branches and member merchants spread throughout Japan. The company's strategy focuses on growing its installment credit business and forming joint ventures outside of Japan. The company's largest sources of revenue include both auto loans and bank loan guarantees. Its largest portion of earning assets is guaranteed loan receivables.

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