THK Co (TSE:6481) Days Sales Outstanding : 88.26 (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is THK Co Days Sales Outstanding?

THK Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円81,073 Mil. THK Co's Revenue for the three months ended in Dec. 2023 was 円83,820 Mil. Hence, THK Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 88.26.

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

TSE:6481' s Days Sales Outstanding Range Over the Past 10 Years
Min: 83 Med: 90.91 Max: 103.87
Current: 92.43

During the past 13 years, THK Co's highest Days Sales Outstanding was 103.87. The lowest was 83.00. And the median was 90.91.

TSE:6481's Days Sales Outstanding is ranked worse than
60.89% of 2958 companies
in the Industrial Products industry
Industry Median: 79.24 vs TSE:6481: 92.43

THK Co's Days Sales Outstanding increased from Dec. 2022 (84.21) to Dec. 2023 (88.26).

THK Co Days Sales Outstanding Historical Data

The historical data trend for THK 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.

* Premium members only.

THK Co Days Sales Outstanding Chart

THK Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

103.87

102.70

83.62

84.81

90.90

THK 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															84.21	93.64	92.59	96.77	88.26

Competitive Comparison of THK Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, THK 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.

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

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

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

THK 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.

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

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (96665	+	78621)	/	2 )	/	351939	*	365
=	87643					/	351939	*	365
=	90.90

THK 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
=	( (83525	+	78621)	/	2 )	/	83820	*	365 / 4
=	81073					/	83820	*	365 / 4
=	88.26

THK Co (TSE:6481) Days Sales Outstanding Explanation

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

THK Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of THK Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

THK Co (TSE:6481) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » THK Co Ltd (TSE:6481) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

THKLY:USA 1TK:Germany

Address

3-11-6, Nishi-Gotanda, Shinagawa-ku, Tokyo, JPN, 141-8503

Website

http://www.thk.com

THK Co Ltd is a Japan-based company that primarily manufactures machinery parts, including linear motion guides and ball screws, and transportation-equipment-related parts. The company operates through two segments. The industrial machinery segment provides products that are essential components in the production of machine tools and semiconductor production equipment. This segment also manufactures and sells electric actuators and unit products. The automotive and transportation segment develops and provides automotive components that support vehicles' basic functions. The company generates the majority of its revenue from the Japanese domestic market.

THK Co (TSE:6481) Headlines

No Headlines