Mitsubishi Heavy Industries (Mitsubishi Heavy Industries) Days Sales Outstanding : 64.19 (As of Dec. 2023)

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What is Mitsubishi Heavy Industries Days Sales Outstanding?

Mitsubishi Heavy Industries's average Accounts Receivable for the three months ended in Dec. 2023 was $5,821 Mil. Mitsubishi Heavy Industries's Revenue for the three months ended in Dec. 2023 was $8,275 Mil. Hence, Mitsubishi Heavy Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 64.19.

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

MHVYF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 60.03 Med: 66.72 Max: 115.53
Current: 65.38

During the past 13 years, Mitsubishi Heavy Industries's highest Days Sales Outstanding was 115.53. The lowest was 60.03. And the median was 66.72.

MHVYF's Days Sales Outstanding is ranked better than
64.23% of 2958 companies
in the Industrial Products industry
Industry Median: 79.1 vs MHVYF: 65.38

Mitsubishi Heavy Industries's Days Sales Outstanding increased from Dec. 2022 (61.58) to Dec. 2023 (64.19).

Mitsubishi Heavy Industries Days Sales Outstanding Historical Data

The historical data trend for Mitsubishi Heavy Industries'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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Mitsubishi Heavy Industries Days Sales Outstanding Chart

Mitsubishi Heavy Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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67.74

59.02

62.79

68.99

71.38

Mitsubishi Heavy Industries 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															61.58	55.52	76.99	70.61	64.19

Competitive Comparison of Mitsubishi Heavy Industries's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Mitsubishi Heavy Industries'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.

Mitsubishi Heavy Industries's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mitsubishi Heavy Industries's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Mitsubishi Heavy Industries's Days Sales Outstanding falls into.

Mitsubishi Heavy Industries 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.

Mitsubishi Heavy Industries'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
=	( (6278.313	+	6019.655)	/	2 )	/	31442.928	*	365
=	6148.984					/	31442.928	*	365
=	71.38

Mitsubishi Heavy Industries'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
=	( (5633.948	+	6007.216)	/	2 )	/	8274.633	*	365 / 4
=	5820.582					/	8274.633	*	365 / 4
=	64.19

Mitsubishi Heavy Industries (OTCPK:MHVYF) Days Sales Outstanding Explanation

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

Mitsubishi Heavy Industries Days Sales Outstanding Related Terms

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Mitsubishi Heavy Industries (Mitsubishi Heavy Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mitsubishi Heavy Industries Ltd (OTCPK:MHVYF) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

7011:Japan MIH:Germany

Address

2-3 Marunouchi 3-chome, Chiyoda-ku, Tokyo, JPN, 100-8332

Website

https://www.mhi.com

Mitsubishi Heavy Industries Ltd is engaged in the manufacturing and sale of ships, industrial machinery, and aircraft. The segments of the company are Energy, Plants and Infrastructure Systems, Logistics, Thermal and Drive Systems, and Aircraft, Defense, and Space. The company earns maximum revenue from the energy segment which handles clean gas, steam power systems, nuclear power systems, compressors, and marine machinery. The Plants and Infrastructure Systems segment of the company deals with commercial ships, engineering, machine tools, and machinery systems; Logistics, Thermal, and Drive Systems provide material handling systems, engines, HVAC systems, and automotive air-conditioners; and the Aircraft, Defense, and Space cover commercial aircraft, defense aircraft, and others.