Project Holdings (TSE:9246) Days Sales Outstanding : 44.10 (As of Mar. 2024)

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What is Project Holdings Days Sales Outstanding?

Project Holdings's average Accounts Receivable for the three months ended in Mar. 2024 was 円696 Mil. Project Holdings's Revenue for the three months ended in Mar. 2024 was 円1,439 Mil. Hence, Project Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 44.10.

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

TSE:9246' s Days Sales Outstanding Range Over the Past 10 Years
Min: 37.26 Med: 42.01 Max: 59.6
Current: 42.75

During the past 5 years, Project Holdings's highest Days Sales Outstanding was 59.60. The lowest was 37.26. And the median was 42.01.

TSE:9246's Days Sales Outstanding is ranked better than
72.88% of 1036 companies
in the Business Services industry
Industry Median: 58.395 vs TSE:9246: 42.75

Project Holdings's Days Sales Outstanding increased from Mar. 2023 (40.31) to Mar. 2024 (44.10).

Project Holdings Days Sales Outstanding Historical Data

The historical data trend for Project Holdings'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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Project Holdings Days Sales Outstanding Chart

Project Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

59.60

45.46

42.01

38.51

37.26

Project Holdings Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial									40.31	41.57	43.74	42.62	44.10

Competitive Comparison of Project Holdings's Days Sales Outstanding

For the Consulting Services subindustry, Project Holdings'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.

Project Holdings's Days Sales Outstanding Distribution in the Business Services Industry

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

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

Project Holdings 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.

Project Holdings's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (592.719	+	690.286)	/	2 )	/	6283.785	*	365
=	641.5025					/	6283.785	*	365
=	37.26

Project Holdings'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
=	( (690.286	+	701.03)	/	2 )	/	1439.296	*	365 / 4
=	695.658					/	1439.296	*	365 / 4
=	44.10

Project Holdings (TSE:9246) Days Sales Outstanding Explanation

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

Project Holdings Days Sales Outstanding Related Terms

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Project Holdings (TSE:9246) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Project Holdings Inc (TSE:9246) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-6-1 Roppongi, Minato-ku, Izumi Garden Tower 39th Floor, Tokyo, JPN, 106-6039

Website

https://www.projectcompany.co.jp

Project Holdings Inc formerly Project Co Inc is engaged in providing consulting services for new business development and existing business reform by using digital technologies, planning a strategy for digital marketing, and improvement to UI/UX of smartphone apps. Its services include business solutions, marketing solutions, and UI/UX solutions.

Project Holdings (TSE:9246) Headlines

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