Nidec (TSE:6594) Days Sales Outstanding

: 101.30 (As of Dec. 2023)

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Nidec's average Accounts Receivable for the three months ended in Dec. 2023 was 円659,467 Mil. Nidec's Revenue for the three months ended in Dec. 2023 was 円594,026 Mil. Hence, Nidec's Days Sales Outstanding for the three months ended in Dec. 2023 was 101.30.

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

TSE:6594' s Days Sales Outstanding Range Over the Past 10 Years
Min: 69.38 Med: 91.17 Max: 100.24
Current: 100.24

During the past 13 years, Nidec's highest Days Sales Outstanding was 100.24. The lowest was 69.38. And the median was 91.17.

TSE:6594's Days Sales Outstanding is ranked worse than
65.92% of 2958 companies
in the Industrial Products industry
Industry Median: 79.055 vs TSE:6594: 100.24

Nidec's Days Sales Outstanding increased from Dec. 2022 (99.95) to Dec. 2023 (101.30).

Nidec Days Sales Outstanding Historical Data

The historical data trend for Nidec'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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Nidec Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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93.99

91.01

94.22

96.40

94.80

Nidec 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															99.95	100.63	99.25	100.50	101.30

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Nidec'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.

Nidec Days Sales Outstanding Distribution

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

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

Nidec 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.

Nidec'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
=	( (572123	+	592948)	/	2 )	/	2242824	*	365
=	582535.5					/	2242824	*	365
=	94.80

Nidec'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
=	( (671433	+	647501)	/	2 )	/	594026	*	365 / 4
=	659467					/	594026	*	365 / 4
=	101.30

Nidec (TSE:6594) Days Sales Outstanding Explanation

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

Nidec Days Sales Outstanding Related Terms

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Nidec (TSE:6594) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nidec Corp (TSE:6594) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

NNDNF:USA NJDCY:USA NIDEC:Mexico NIB:Germany NIB:Austria

Address

338 Kuzetonoshiro-cho, Minami-ku, Kyoto, JPN, 601-8205

Website

http://www.nidec.com

Nidec is a global leader of brushless DC motors. Brushless DC motors have advantages over other types of motors in power efficiency, silence, and durability. Nidec possesses the number-one market share in a wide variety of products, such as hard disk drive motors, optical disk drive motors, vibration motors on handsets, brushless motors for inverter air conditioners, and brushless motors for electric power steering on automobiles. It continues to benefit from the growing demand for power-efficient motors, driven by strengthening environmental regulations. Nidec sets an ambitious target to increase its revenue to JPY 3 trillion in fiscal 2025 from JPY 1.9 trillion in fiscal 2021.

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