Minebea Mitsumi (Minebea Mitsumi) Days Sales Outstanding : 73.46 (As of Dec. 2023)

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What is Minebea Mitsumi Days Sales Outstanding?

Minebea Mitsumi's average Accounts Receivable for the three months ended in Dec. 2023 was $2,131 Mil. Minebea Mitsumi's Revenue for the three months ended in Dec. 2023 was $2,648 Mil. Hence, Minebea Mitsumi's Days Sales Outstanding for the three months ended in Dec. 2023 was 73.46.

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

MNBEY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 60.69 Med: 68.02 Max: 75.71
Current: 75.71

During the past 13 years, Minebea Mitsumi's highest Days Sales Outstanding was 75.71. The lowest was 60.69. And the median was 68.02.

MNBEY's Days Sales Outstanding is ranked worse than
50.86% of 2456 companies
in the Hardware industry
Industry Median: 75.03 vs MNBEY: 75.71

Minebea Mitsumi's Days Sales Outstanding increased from Dec. 2022 (68.34) to Dec. 2023 (73.46).

Minebea Mitsumi Days Sales Outstanding Historical Data

The historical data trend for Minebea Mitsumi'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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Minebea Mitsumi Days Sales Outstanding Chart

Minebea Mitsumi Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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65.89

61.46

71.69

75.16

78.93

Minebea Mitsumi 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															68.34	76.05	87.00	70.89	73.46

Competitive Comparison of Minebea Mitsumi's Days Sales Outstanding

For the Electronic Components subindustry, Minebea Mitsumi'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.

Minebea Mitsumi's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Minebea Mitsumi's Days Sales Outstanding distribution charts can be found below:

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

Minebea Mitsumi 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.

Minebea Mitsumi'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
=	( (2030.927	+	2149.968)	/	2 )	/	9667.525	*	365
=	2090.4475					/	9667.525	*	365
=	78.93

Minebea Mitsumi'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
=	( (2196.848	+	2065.904)	/	2 )	/	2647.611	*	365 / 4
=	2131.376					/	2647.611	*	365 / 4
=	73.46

Minebea Mitsumi (OTCPK:MNBEY) Days Sales Outstanding Explanation

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

Minebea Mitsumi Days Sales Outstanding Related Terms

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Minebea Mitsumi (Minebea Mitsumi) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Minebea Mitsumi Inc (OTCPK:MNBEY) » Definitions » Days Sales Outstanding

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MNBEF:USA 6479:Japan

Address

3-9-6, Mita, Minato-ku, Tokyo, JPN, 108-8330

Website

https://www.minebeamitsumi.com

Minebea Mitsumi Inc is an electronic components company. Its operating segments are Machined components, Electronic devices and components and MITSUMI business. The machined components segment manufactures mechanical parts including ball bearings, rod-end bearings, pivot assemblies for hard disk drive (HDD), and screws for automobiles and aircrafts. The electronic devices and components segment manufactures electronic devices (such as LED backlights and sensing devices), HDD spindle motors, stepping motors, DC motors, air movers (fan motors), precision motors and specialized devices. And The MITSUMI business segment manufactures semiconductor devices, optical devices, mechanical parts, high-frequency components, and power supply parts.

Minebea Mitsumi (Minebea Mitsumi) Headlines

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