Grandy House (TSE:8999) Days Sales Outstanding : 3.68 (As of Dec. 2023)

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What is Grandy House Days Sales Outstanding?

Grandy House's average Accounts Receivable for the three months ended in Dec. 2023 was 円515 Mil. Grandy House's Revenue for the three months ended in Dec. 2023 was 円12,776 Mil. Hence, Grandy House's Days Sales Outstanding for the three months ended in Dec. 2023 was 3.68.

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

TSE:8999' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.96 Med: 4.63 Max: 5.15
Current: 3.96

During the past 13 years, Grandy House's highest Days Sales Outstanding was 5.15. The lowest was 3.96. And the median was 4.63.

TSE:8999's Days Sales Outstanding is ranked better than
88.07% of 1668 companies
in the Real Estate industry
Industry Median: 36.52 vs TSE:8999: 3.96

Grandy House's Days Sales Outstanding declined from Dec. 2022 (5.02) to Dec. 2023 (3.68).

Grandy House Days Sales Outstanding Historical Data

The historical data trend for Grandy House'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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Grandy House Days Sales Outstanding Chart

Grandy House Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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5.01

4.63

4.27

3.99

4.22

Grandy House 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															5.02	4.03	4.20	3.58	3.68

Competitive Comparison of Grandy House's Days Sales Outstanding

For the Real Estate Services subindustry, Grandy House'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.

Grandy House's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Grandy House's Days Sales Outstanding distribution charts can be found below:

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

Grandy House 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.

Grandy House'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
=	( (702.666	+	574.709)	/	2 )	/	55205.407	*	365
=	638.6875					/	55205.407	*	365
=	4.22

Grandy House'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
=	( (503.05	+	526.058)	/	2 )	/	12775.865	*	365 / 4
=	514.554					/	12775.865	*	365 / 4
=	3.68

Grandy House (TSE:8999) Days Sales Outstanding Explanation

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

Grandy House Days Sales Outstanding Related Terms

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Grandy House (TSE:8999) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Grandy House Corp (TSE:8999) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-3-18, Odori, Tochigi Prefecture, UTSUNOMIYA, JPN, 3320-081

Website

https://www.grandy.co.jp

Grandy House Corp is a real estate company based in Japan. The company's three reportable segments are classified as Real Estate Sales, Construction Material Sales, and Real Estate Leasing. The Real Estate Sales business includes sales of new homes including building contract and sale of land and existing homes and home renovation. The Construction Material Sales business comprises of production and sale of pre-cut materials for housing and sale of construction materials and home facilities and equipment. In the Real Estate Leasing business, activities comprise the leasing of office, homes, related properties, and parking facilities.

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