Nichiban Co (TSE:4218) Days Sales Outstanding : 70.55 (As of Dec. 2023)

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What is Nichiban Co Days Sales Outstanding?

Nichiban Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円10,087 Mil. Nichiban Co's Revenue for the three months ended in Dec. 2023 was 円13,046 Mil. Hence, Nichiban Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 70.55.

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

TSE:4218' s Days Sales Outstanding Range Over the Past 10 Years
Min: 75.48 Med: 108.36 Max: 117.24
Current: 76.74

During the past 13 years, Nichiban Co's highest Days Sales Outstanding was 117.24. The lowest was 75.48. And the median was 108.36.

TSE:4218's Days Sales Outstanding is ranked better than
51.89% of 2958 companies
in the Industrial Products industry
Industry Median: 79.1 vs TSE:4218: 76.74

Nichiban Co's Days Sales Outstanding declined from Dec. 2022 (72.31) to Dec. 2023 (70.55).

Nichiban Co Days Sales Outstanding Historical Data

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

Nichiban Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

104.04

92.71

82.76

76.18

75.48

Nichiban 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															72.31	81.42	77.04	72.34	70.55

Competitive Comparison of Nichiban Co's Days Sales Outstanding

For the Business Equipment & Supplies subindustry, Nichiban 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.

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

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

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

Nichiban 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.

Nichiban 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
=	( (9144	+	9698)	/	2 )	/	45560	*	365
=	9421					/	45560	*	365
=	75.48

Nichiban 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
=	( (9564	+	10610)	/	2 )	/	13046	*	365 / 4
=	10087					/	13046	*	365 / 4
=	70.55

Nichiban Co (TSE:4218) Days Sales Outstanding Explanation

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

Nichiban Co Days Sales Outstanding Related Terms

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Nichiban Co (TSE:4218) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nichiban Co Ltd (TSE:4218) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-3-3, Sekiguchi, Bunkyo-ku, Tokyo, JPN, 112-8663

Website

http://www.nichiban.co.jp

Nichiban Co Ltd is a Japan based company engaged in the business of manufacturing and selling products in the field of medical supplies, healthcare, industrial products and industrial products. It offers hemostatic solutions, wound care dressing and surgical tapes, industrial products for manufacturing and distribution and automotive industry, stationery products, TDS pharmaceutical pain relief plaster and foot care products, sports medical battlewin taping tape and first aid bandage.

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