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Mitsubishi HC Capital (Mitsubishi HC Capital) Days Sales Outstanding

: 429.45 (As of Dec. 2023)
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Mitsubishi HC Capital's average Accounts Receivable for the three months ended in Dec. 2023 was $15,774 Mil. Mitsubishi HC Capital's Revenue for the three months ended in Dec. 2023 was $3,352 Mil. Hence, Mitsubishi HC Capital's Days Sales Outstanding for the three months ended in Dec. 2023 was 429.45.

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

MIUFY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 338.16   Med: 631.84   Max: 781.54
Current: 436.06

During the past 13 years, Mitsubishi HC Capital's highest Days Sales Outstanding was 781.54. The lowest was 338.16. And the median was 631.84.

MIUFY's Days Sales Outstanding is ranked worse than
81.13% of 265 companies
in the Credit Services industry
Industry Median: 41.89 vs MIUFY: 436.06

Mitsubishi HC Capital's Days Sales Outstanding declined from Dec. 2022 (435.36) to Dec. 2023 (429.45).


Mitsubishi HC Capital Days Sales Outstanding Historical Data

The historical data trend for Mitsubishi HC Capital'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.

Mitsubishi HC Capital Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 635.11 542.73 479.66 348.40 450.34

Mitsubishi HC Capital 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 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 Premium Member Only Premium Member Only Premium Member Only 435.36 421.14 445.37 463.75 429.45

Competitive Comparison

For the Credit Services subindustry, Mitsubishi HC Capital'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 HC Capital Days Sales Outstanding Distribution

For the Credit Services industry and Financial Services sector, Mitsubishi HC Capital's Days Sales Outstanding distribution charts can be found below:

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



Mitsubishi HC Capital 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 HC Capital'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
=( (18397.266 + 16609.805) / 2 ) / 14186.518*365
=17503.5355 / 14186.518*365
=450.34

Mitsubishi HC Capital'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
=( (15701.153 + 15846.668) / 2 ) / 3351.667*365 / 4
=15773.9105 / 3351.667*365 / 4
=429.45

* 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.


Mitsubishi HC Capital  (OTCPK:MIUFY) 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 HC Capital Days Sales Outstanding Related Terms

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Mitsubishi HC Capital (Mitsubishi HC Capital) Business Description

Traded in Other Exchanges
Address
5-1, Marunouchi 1-chome, Shin-Marunouchi Building, Chiyoda-ku, Tokyo, JPN, 100-6525
Mitsubishi HC Capital Inc is a provider of leases and rental solutions. It offers finance leases, operating leases, real estate leases, auto leases, carbon-neutral and green leases, personal computer rentals, measuring equipment rentals, machine tool rentals, as well as real estate-related finance, sales receivable factoring, medical fee factoring, installment sales, used machinery purchasing and sales, and insurance, among others.

Mitsubishi HC Capital (Mitsubishi HC Capital) Headlines

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