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Starts Proceed Investment (TSE:8979) Days Sales Outstanding : 1.75 (As of Apr. 2023)


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What is Starts Proceed Investment Days Sales Outstanding?

Starts Proceed Investment's average Accounts Receivable for the six months ended in Apr. 2023 was 円35 Mil. Starts Proceed Investment's Revenue for the six months ended in Apr. 2023 was 円3,677 Mil. Hence, Starts Proceed Investment's Days Sales Outstanding for the six months ended in Apr. 2023 was 1.75.

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

TSE:8979' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.38   Med: 1.49   Max: 1.93
Current: 1.78

During the past 13 years, Starts Proceed Investment's highest Days Sales Outstanding was 1.93. The lowest was 1.38. And the median was 1.49.

TSE:8979's Days Sales Outstanding is ranked better than
95.43% of 613 companies
in the REITs industry
Industry Median: 22.76 vs TSE:8979: 1.78

Starts Proceed Investment's Days Sales Outstanding increased from Apr. 2022 (1.59) to Apr. 2023 (1.75).


Starts Proceed Investment Days Sales Outstanding Historical Data

The historical data trend for Starts Proceed Investment'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.

Starts Proceed Investment Days Sales Outstanding Chart

Starts Proceed Investment Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.51 1.45 1.38 1.46 1.40

Starts Proceed Investment Semi-Annual Data
Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23
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 1.69 1.59 1.59 1.61 1.75

Competitive Comparison of Starts Proceed Investment's Days Sales Outstanding

For the REIT - Residential subindustry, Starts Proceed Investment'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.


Starts Proceed Investment's Days Sales Outstanding Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Starts Proceed Investment's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Starts Proceed Investment's Days Sales Outstanding falls into.



Starts Proceed Investment 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.

Starts Proceed Investment's Days Sales Outstanding for the fiscal year that ended in Oct. 2022 is calculated as

Days Sales Outstanding (A: Oct. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Oct. 2021 ) + Accounts Receivable (A: Oct. 2022 )) / count ) / Revenue (A: Oct. 2022 )*Days in Period
=( (23.835 + 26.459) / 2 ) / 6573.535*365
=25.147 / 6573.535*365
=1.40

Starts Proceed Investment's Days Sales Outstanding for the quarter that ended in Apr. 2023 is calculated as:

Days Sales Outstanding (Q: Apr. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Oct. 2022 ) + Accounts Receivable (A: Apr. 2023 )) / count ) / Revenue (A: Apr. 2023 )*Days in Period
=( (26.459 + 43.892) / 2 ) / 3676.9*365 / 2
=35.1755 / 3676.9*365 / 2
=1.75

* 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.


Starts Proceed Investment  (TSE:8979) Days Sales Outstanding Explanation

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


Starts Proceed Investment Days Sales Outstanding Related Terms

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Starts Proceed Investment (TSE:8979) Business Description

Traded in Other Exchanges
N/A
Address
3-2-9 Nihonbashi, Chuo-ku, Tokyo, JPN
Starts Proceed Investment Corp operates as a REIT in Japan. The Company invests in lease real estate properties, short-term leasing apartments, and special feature business hotel.

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