Daiwa Tsushin Co (TSE:7116) Days Sales Outstanding : 36.44 (As of Dec. 2023)

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What is Daiwa Tsushin Co Days Sales Outstanding?

Daiwa Tsushin Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円518 Mil. Daiwa Tsushin Co's Revenue for the three months ended in Dec. 2023 was 円1,298 Mil. Hence, Daiwa Tsushin Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 36.44.

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

TSE:7116' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.79 Med: 53.65 Max: 55.7
Current: 38.79

During the past 3 years, Daiwa Tsushin Co's highest Days Sales Outstanding was 55.70. The lowest was 38.79. And the median was 53.65.

TSE:7116's Days Sales Outstanding is ranked better than
77.19% of 1039 companies
in the Business Services industry
Industry Median: 58.74 vs TSE:7116: 38.79

Daiwa Tsushin Co's Days Sales Outstanding increased from Dec. 2022 (33.98) to Dec. 2023 (36.44).

Daiwa Tsushin Co Days Sales Outstanding Historical Data

The historical data trend for Daiwa Tsushin 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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Daiwa Tsushin Co Days Sales Outstanding Chart

Daiwa Tsushin Co Annual Data

Trend

Mar21

Mar22

Mar23

Days Sales Outstanding

53.65

55.70

45.26

Daiwa Tsushin Co Quarterly Data
	Mar21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			33.98	37.88	49.61	36.97	36.44

Competitive Comparison of Daiwa Tsushin Co's Days Sales Outstanding

For the Security & Protection Services subindustry, Daiwa Tsushin 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.

Daiwa Tsushin Co's Days Sales Outstanding Distribution in the Business Services Industry

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

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

Daiwa Tsushin 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.

Daiwa Tsushin 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
=	( (471.314	+	723.657)	/	2 )	/	4818.541	*	365
=	597.4855					/	4818.541	*	365
=	45.26

Daiwa Tsushin 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
=	( (549.822	+	486.469)	/	2 )	/	1297.648	*	365 / 4
=	518.1455					/	1297.648	*	365 / 4
=	36.44

Daiwa Tsushin Co (TSE:7116) Days Sales Outstanding Explanation

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

Daiwa Tsushin Co Days Sales Outstanding Related Terms

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Daiwa Tsushin Co (TSE:7116) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Daiwa Tsushin Co Ltd (TSE:7116) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-180 Irie, Kanazawa-shi, Ishikawa, JPN, 921-8011

Website

https://www.daiwawa.com

Daiwa Tsushin Co Ltd operates in the security business. It is engaged in the planning and sales of security cameras, provision of solutions using face recognition technology and mobile business.

Daiwa Tsushin Co (TSE:7116) Headlines

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