Asahi Kogyosha Co (TSE:1975) Days Sales Outstanding : 103.95 (As of Dec. 2023)

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What is Asahi Kogyosha Co Days Sales Outstanding?

Asahi Kogyosha Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円27,208 Mil. Asahi Kogyosha Co's Revenue for the three months ended in Dec. 2023 was 円23,884 Mil. Hence, Asahi Kogyosha Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 103.95.

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

TSE:1975' s Days Sales Outstanding Range Over the Past 10 Years
Min: 107.18 Med: 148.88 Max: 170.92
Current: 107.18

During the past 13 years, Asahi Kogyosha Co's highest Days Sales Outstanding was 170.92. The lowest was 107.18. And the median was 148.88.

TSE:1975's Days Sales Outstanding is ranked worse than
70.09% of 2956 companies
in the Industrial Products industry
Industry Median: 79.375 vs TSE:1975: 107.18

Asahi Kogyosha Co's Days Sales Outstanding increased from Dec. 2022 (100.43) to Dec. 2023 (103.95).

Asahi Kogyosha Co Days Sales Outstanding Historical Data

The historical data trend for Asahi Kogyosha 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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Asahi Kogyosha Co Days Sales Outstanding Chart

Asahi Kogyosha Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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159.33

135.21

170.92

143.11

124.98

Asahi Kogyosha 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															100.43	97.97	129.93	106.02	103.95

Competitive Comparison of Asahi Kogyosha Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Asahi Kogyosha 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.

Asahi Kogyosha Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Asahi Kogyosha Co's Days Sales Outstanding distribution charts can be found below:

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

Asahi Kogyosha 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.

Asahi Kogyosha 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
=	( (24606	+	30295)	/	2 )	/	80170	*	365
=	27450.5					/	80170	*	365
=	124.98

Asahi Kogyosha 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
=	( (28510	+	25905)	/	2 )	/	23884	*	365 / 4
=	27207.5					/	23884	*	365 / 4
=	103.95

Asahi Kogyosha Co (TSE:1975) Days Sales Outstanding Explanation

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

Asahi Kogyosha Co Days Sales Outstanding Related Terms

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Asahi Kogyosha Co (TSE:1975) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Asahi Kogyosha Co Ltd (TSE:1975) » Definitions » Days Sales Outstanding

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Address

1-25-7 Hamamatsu-cho, Minato-Ku, Tokyo, JPN, 105-8543

Website

http://www.asahikogyosha.co.jp

Asahi Kogyosha Co Ltd is a Japan-based company. It is mainly engaged in two business divisions including installation work division and manufacture and sale of equipment division. Installation work division is primarily involved in air-conditioning installation and sanitation installation work. The manufacture and sale of equipment division develops, designs, and make precision environmental control equipment for leading-edge industries such as those involved in the manufacture of semiconductors and liquid crystal panels and have been building up a solid record of achievements.

Asahi Kogyosha Co (TSE:1975) Headlines

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