Qualtec Co (TSE:9165) Days Sales Outstanding : 61.94 (As of Jun. 2023)

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What is Qualtec Co Days Sales Outstanding?

Qualtec Co's average Accounts Receivable for the six months ended in Jun. 2023 was 円556 Mil. Qualtec Co's Revenue for the six months ended in Jun. 2023 was 円3,274 Mil. Hence, Qualtec Co's Days Sales Outstanding for the six months ended in Jun. 2023 was 30.97.

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

TSE:9165' s Days Sales Outstanding Range Over the Past 10 Years
Min: 60.55 Med: 61.94 Max: 117.8
Current: 61.94

During the past 3 years, Qualtec Co's highest Days Sales Outstanding was 117.80. The lowest was 60.55. And the median was 61.94.

TSE:9165's Days Sales Outstanding is ranked worse than
54.44% of 1036 companies
in the Business Services industry
Industry Median: 58.43 vs TSE:9165: 61.94

Qualtec Co's Days Sales Outstanding declined from Jun. 2021 (117.80) to Jun. 2023 (61.94).

Qualtec Co Days Sales Outstanding Historical Data

The historical data trend for Qualtec 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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Qualtec Co Days Sales Outstanding Chart

Qualtec Co Annual Data

Trend

Jun21

Jun22

Jun23

Days Sales Outstanding

117.80

60.55

61.94

Qualtec Co Semi-Annual Data
	Jun21	Jun22	Jun23
Days Sales Outstanding	117.80	60.55	61.94

Competitive Comparison of Qualtec Co's Days Sales Outstanding

For the Specialty Business Services subindustry, Qualtec 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.

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

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

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

Qualtec 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.

Qualtec Co's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (570.664	+	540.608)	/	2 )	/	3274.204	*	365
=	555.636					/	3274.204	*	365
=	61.94

Qualtec Co's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (570.664	+	540.608)	/	2 )	/	3274.204	*	365 / 2
=	555.636					/	3274.204	*	365 / 2
=	30.97

Qualtec Co (TSE:9165) Days Sales Outstanding Explanation

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

Qualtec Co Days Sales Outstanding Related Terms

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Qualtec Co (TSE:9165) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Qualtec Co Ltd (TSE:9165) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-230 Sanbo-cho, Sakai-ku Sakai-shi, Osaka, JPN, 590-0906

Website

https://www.qualtec.co.jp

Qualtec Co Ltd Provides failure analysis and reliability testing of electronic components and is also engaged in the development and sale of testing equipment; fine processing of electronic components; Microfabrication centered on laser processing and surface treatment (plating) technology etc.

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