Shindengen Electric Manufacturing Co (TSE:6844) Days Sales Outstanding : 62.08 (As of Dec. 2023)

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What is Shindengen Electric Manufacturing Co Days Sales Outstanding?

Shindengen Electric Manufacturing Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円17,986 Mil. Shindengen Electric Manufacturing Co's Revenue for the three months ended in Dec. 2023 was 円26,436 Mil. Hence, Shindengen Electric Manufacturing Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 62.08.

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

TSE:6844' s Days Sales Outstanding Range Over the Past 10 Years
Min: 64.63 Med: 75.51 Max: 85.19
Current: 64.63

During the past 13 years, Shindengen Electric Manufacturing Co's highest Days Sales Outstanding was 85.19. The lowest was 64.63. And the median was 75.51.

TSE:6844's Days Sales Outstanding is ranked better than
61.33% of 2457 companies
in the Hardware industry
Industry Median: 74.19 vs TSE:6844: 64.63

Shindengen Electric Manufacturing Co's Days Sales Outstanding declined from Dec. 2022 (67.45) to Dec. 2023 (62.08).

Shindengen Electric Manufacturing Co Days Sales Outstanding Historical Data

The historical data trend for Shindengen Electric Manufacturing 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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Shindengen Electric Manufacturing Co Days Sales Outstanding Chart

Shindengen Electric Manufacturing Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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74.60

85.19

74.27

69.27

66.90

Shindengen Electric Manufacturing Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															66.23	68.10	64.05	62.08	62.31

Competitive Comparison of Shindengen Electric Manufacturing Co's Days Sales Outstanding

For the Electronic Components subindustry, Shindengen Electric Manufacturing 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.

Shindengen Electric Manufacturing Co's Days Sales Outstanding Distribution in the Hardware Industry

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

* The bar in red indicates where Shindengen Electric Manufacturing Co's Days Sales Outstanding falls into.

Shindengen Electric Manufacturing 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.

Shindengen Electric Manufacturing Co's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (19421	+	18066)	/	2 )	/	102261	*	365
=	18743.5					/	102261	*	365
=	66.90

Shindengen Electric Manufacturing 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
=	( (18222	+	17749)	/	2 )	/	26436	*	365 / 4
=	17985.5					/	26436	*	365 / 4
=	62.08

Shindengen Electric Manufacturing Co (TSE:6844) Days Sales Outstanding Explanation

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

Shindengen Electric Manufacturing Co Days Sales Outstanding Related Terms

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Shindengen Electric Manufacturing Co (TSE:6844) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shindengen Electric Manufacturing Co Ltd (TSE:6844) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

New-Ohtemachi Building, 2-1, Ohtemachi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-0004

Website

https://www.shindengen.co.jp

Shindengen Electric Manufacturing Co Ltd is an electronics manufacturer that develops, manufactures and sells high-efficiency, low-noise semiconductors as well as car electronics and power system products. The company's business is organized into three reportable segments: Device business, Car Electronics business and Next Generation Energy business. It earns majority of the revenue from Car Electronics business. Shindengen has its operations in Japan, Indonesia, Asia, and other areas.

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