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Nippon Seiki Co (TSE:7287) Days Sales Outstanding : 56.94 (As of Dec. 2023)


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What is Nippon Seiki Co Days Sales Outstanding?

Nippon Seiki Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円49,583 Mil. Nippon Seiki Co's Revenue for the three months ended in Dec. 2023 was 円79,454 Mil. Hence, Nippon Seiki Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 56.94.

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

TSE:7287' s Days Sales Outstanding Range Over the Past 10 Years
Min: 61.62   Med: 66.11   Max: 72.81
Current: 61.62

During the past 13 years, Nippon Seiki Co's highest Days Sales Outstanding was 72.81. The lowest was 61.62. And the median was 66.11.

TSE:7287's Days Sales Outstanding is ranked worse than
51.74% of 1268 companies
in the Vehicles & Parts industry
Industry Median: 60.215 vs TSE:7287: 61.62

Nippon Seiki Co's Days Sales Outstanding declined from Dec. 2022 (65.12) to Dec. 2023 (56.94).


Nippon Seiki Co Days Sales Outstanding Historical Data

The historical data trend for Nippon Seiki 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.

* Premium members only.

Nippon Seiki Co Days Sales Outstanding Chart

Nippon Seiki Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.34 63.83 66.12 66.09 62.90

Nippon Seiki 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 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 65.12 62.89 66.55 63.70 56.94

Competitive Comparison of Nippon Seiki Co's Days Sales Outstanding

For the Auto Parts subindustry, Nippon Seiki 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.


Nippon Seiki Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

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

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



Nippon Seiki 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.

Nippon Seiki 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
=( (40502 + 54553) / 2 ) / 275776*365
=47527.5 / 275776*365
=62.90

Nippon Seiki 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
=( (51863 + 47302) / 2 ) / 79454*365 / 4
=49582.5 / 79454*365 / 4
=56.94

* 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.


Nippon Seiki Co  (TSE:7287) Days Sales Outstanding Explanation

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


Nippon Seiki Co Days Sales Outstanding Related Terms

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Nippon Seiki Co (TSE:7287) Business Description

Traded in Other Exchanges
N/A
Address
Higashizao 2-34 2-chome, Nagaoka, Niigata, JPN, 940-8580
Nippon Seiki Co Ltd is a manufacturer of automobile components sold on aftermarkets. The range of products include instrument clusters for automobiles and motorcycles and other applications for head-up displays; level, revolution, pressure, and temperature sensors; household appliances, office and factory automation appliances; and passive LCD and OLED display products. On the aftermarkets, Nippon Seiki sells its product under its private label Defi. The company generates the majority of its revenue from automotive instruments, with a focus on Japan, the Americas, and the rest of Asia.

Nippon Seiki Co (TSE:7287) Headlines

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