Hutchinson Technology (Hutchinson Technology) Days Sales Outstanding : 16.90 (As of Jun. 2016)

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What is Hutchinson Technology Days Sales Outstanding?

Hutchinson Technology's average Accounts Receivable for the three months ended in Jun. 2016 was $9.9 Mil. Hutchinson Technology's Revenue for the three months ended in Jun. 2016 was $53.2 Mil. Hence, Hutchinson Technology's Days Sales Outstanding for the three months ended in Jun. 2016 was 16.90.

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

HTCH's Days Sales Outstanding is not ranked ^*
in the Hardware industry.
Industry Median: 74.52
* Ranked among companies with meaningful Days Sales Outstanding only.

Hutchinson Technology's Days Sales Outstanding declined from Jun. 2015 (30.93) to Jun. 2016 (16.90).

Hutchinson Technology Days Sales Outstanding Historical Data

The historical data trend for Hutchinson Technology'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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Hutchinson Technology Days Sales Outstanding Chart

Hutchinson Technology Annual Data

Trend

Sep06

Sep07

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Days Sales Outstanding

Get a 7-Day Free Trial

60.79

48.77

31.53

31.91

28.75

Hutchinson Technology Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
Days Sales Outstanding	Get a 7-Day Free Trial															30.93	26.75	19.61	16.56	16.90

Competitive Comparison of Hutchinson Technology's Days Sales Outstanding

For the Electronic Components subindustry, Hutchinson Technology'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.

Hutchinson Technology's Days Sales Outstanding Distribution in the Hardware Industry

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

* The bar in red indicates where Hutchinson Technology's Days Sales Outstanding falls into.

Hutchinson Technology 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.

Hutchinson Technology's Days Sales Outstanding for the fiscal year that ended in Sep. 2015 is calculated as

	Days Sales Outstanding (A: Sep. 2015 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2014 )	+	Accounts Receivable (A: Sep. 2015 ))	/	count )	/	Revenue (A: Sep. 2015 )	*	Days in Period
=	( (23.971	+	15.86)	/	2 )	/	252.823	*	365
=	19.9155					/	252.823	*	365
=	28.75

Hutchinson Technology's Days Sales Outstanding for the quarter that ended in Jun. 2016 is calculated as:

	Days Sales Outstanding (Q: Jun. 2016 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2016 )	+	Accounts Receivable (A: Jun. 2016 ))	/	count )	/	Revenue (A: Jun. 2016 )	*	Days in Period
=	( (8.046	+	11.664)	/	2 )	/	53.196	*	365 / 4
=	9.855					/	53.196	*	365 / 4
=	16.90

Hutchinson Technology (NAS:HTCH) Days Sales Outstanding Explanation

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

Hutchinson Technology Days Sales Outstanding Related Terms

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Hutchinson Technology (Hutchinson Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hutchinson Technology Inc (NAS:HTCH) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.htch.com

Hutchinson Technology Inc was incorporated in Minnesota in the year 1965. The Company is a technology manufacturer that creates value by developing solutions to critical customer problems. The Company has one reportable segment namely the Disk Drive Components Division. Its Disk Drive Components Division is a supplier of suspension assemblies for hard disk drives. Its disk drive products are sold through the Company's account management team. Its competitors are Nihon Hatsujo Kabusikigaisha, Magnecomp Precision Technology Public Company Limited, and NAT Peripheral (H.K.) Co., Ltd. As of September 27, 2015, the Company had 216 US patents and 16 foreign patents. The Company's products are classified as medical devices and therefore are subject to governmental regulations.

Executives

Wayne M Fortun	director, other: Chairman of the Board	HUTCHINSON TECHNOLOGY INC, 40 WEST HIGHLAND PARK, HUTCHINSON MN 55350
Martha Goldberg Aronson	director	40 WEST HIGHLAND PARK DRIVE NE, HUTCHINSON MN 55350
Russell Huffer	director	C/O APOGEE ENTERPRISES INC, 7900 XERXES AVE S STE 1000, MINNEAPOLIS MN 55431
Thomas R Verhage	director	6513 CROWN COLONY PLACE #101, NAPLES FL 34108
Philip Soran	director	12982 VALLEY VIEW RD, EDEN PRAIRIE MN 55344
Frank P Russomanno	director	C/O EMRISE CORPORATION, 2530 MERIDIAN PARKWAY, DURHAM NC 27713
William T Monahan	director	IMATION, 1 IMATION PL, OAKDALE MN 55128
Mark A Augusti	director	40 WEST HIGHLAND PARK DRIVE NE, HUTCHINSON MN 55350
Gary Henley	director	5677 AIRLINE ROAD, ARLINGTON TN 38002
Kathleen Skarvan	officer: Senior VP, Pres of DDC Div	40 WEST HIGHLAND PARK DR NE, HUTCHINSON MN 55350
Steve Polacek	officer: Senior VP and CFO	4106 SUNNYSIDE ROAD, EDINA MN 55424
Archibald Jr Cox	director	151 EAST 58TH STREET, #33F, NEW YORK NY 10022