Honda Motor Co (Honda Motor Co) Days Sales Outstanding

: 56.54 (As of Dec. 2023)

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Honda Motor Co's average Accounts Receivable for the three months ended in Dec. 2023 was $23,197 Mil. Honda Motor Co's Revenue for the three months ended in Dec. 2023 was $37,436 Mil. Hence, Honda Motor Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 56.54.

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

HMC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 57.07 Med: 64.97 Max: 73.71
Current: 57.54

During the past 13 years, Honda Motor Co's highest Days Sales Outstanding was 73.71. The lowest was 57.07. And the median was 64.97.

HMC's Days Sales Outstanding is ranked better than
54.05% of 1271 companies
in the Vehicles & Parts industry
Industry Median: 60.7 vs HMC: 57.54

Honda Motor Co's Days Sales Outstanding increased from Dec. 2022 (54.16) to Dec. 2023 (56.54).

Honda Motor Co Days Sales Outstanding Historical Data

The historical data trend for Honda Motor Co'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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Honda Motor Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

61.04

60.93

68.06

65.17

60.48

Honda Motor Co 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																54.16	56.32	59.53	59.87	56.54

Competitive Comparison

For the Auto Manufacturers subindustry, Honda Motor Co'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.

Honda Motor Co Days Sales Outstanding Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Honda Motor Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Honda Motor Co's Days Sales Outstanding falls into.

Honda Motor Co 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.

Honda Motor Co'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
=	( (20974.781	+	20946.543)	/	2 )	/	126493.948	*	365
=	20960.662					/	126493.948	*	365
=	60.48

Honda Motor Co'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
=	( (22494.538	+	23898.633)	/	2 )	/	37436.059	*	365 / 4
=	23196.5855					/	37436.059	*	365 / 4
=	56.54

Honda Motor Co (NYSE:HMC) Days Sales Outstanding Explanation

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

Honda Motor Co Days Sales Outstanding Related Terms

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Honda Motor Co (Honda Motor Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Honda Motor Co Ltd (NYSE:HMC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

HNDAF:USA HMC:Mexico 7267:Japan HDM:Germany HOND34:Brazil HMC:Argentina

Address

Number 1-1, Minami-Aoyama 2-chome, Minato-ku, Tokyo, JPN, 107-8556

Website

https://global.honda

Incorporated in 1948, Honda Motor was originally a motorcycle manufacturer. Today, the firm makes automobiles, motorcycles, and power products such as boat engines, generators, and lawnmowers. Including joint ventures, Honda sold 22.4 million cars and motorcycles in fiscal 2023 (3.7 million of which were autos), and consolidated sales were JPY 16.9 trillion. Automobiles constitute 63% of revenue and motorcycles 17%, with the rest split between power products and financial services. Honda also makes robots and private jets.