River Eletec (TSE:6666) Days Sales Outstanding : 76.06 (As of Dec. 2023)

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What is River Eletec Days Sales Outstanding?

River Eletec's average Accounts Receivable for the three months ended in Dec. 2023 was 円1,212 Mil. River Eletec's Revenue for the three months ended in Dec. 2023 was 円1,454 Mil. Hence, River Eletec's Days Sales Outstanding for the three months ended in Dec. 2023 was 76.06.

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

TSE:6666' s Days Sales Outstanding Range Over the Past 10 Years
Min: 72.28 Med: 92.54 Max: 111.45
Current: 80.86

During the past 13 years, River Eletec's highest Days Sales Outstanding was 111.45. The lowest was 72.28. And the median was 92.54.

TSE:6666's Days Sales Outstanding is ranked worse than
55.19% of 2457 companies
in the Hardware industry
Industry Median: 75.09 vs TSE:6666: 80.86

River Eletec's Days Sales Outstanding increased from Dec. 2022 (72.79) to Dec. 2023 (76.06).

River Eletec Days Sales Outstanding Historical Data

The historical data trend for River Eletec'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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River Eletec Days Sales Outstanding Chart

River Eletec Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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104.92

92.54

81.78

72.28

72.98

River Eletec 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															72.79	102.38	80.53	70.92	76.06

Competitive Comparison of River Eletec's Days Sales Outstanding

For the Electronic Components subindustry, River Eletec'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.

River Eletec's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, River Eletec's Days Sales Outstanding distribution charts can be found below:

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

River Eletec 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.

River Eletec'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
=	( (1665.91	+	1075.814)	/	2 )	/	6855.824	*	365
=	1370.862					/	6855.824	*	365
=	72.98

River Eletec'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
=	( (1367.233	+	1057.022)	/	2 )	/	1454.257	*	365 / 4
=	1212.1275					/	1454.257	*	365 / 4
=	76.06

River Eletec (TSE:6666) Days Sales Outstanding Explanation

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

River Eletec Days Sales Outstanding Related Terms

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River Eletec (TSE:6666) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » River Eletec Corp (TSE:6666) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-1-11 Fujimigaoka, Yamanashi Prefecture, Nirasaki, JPN, 407-8502

Website

http://www.river-ele.co.jp

River Eletec Corp is a company engaged in developing and producing electronic parts such as quartz crystal units, crystal oscillators, and resistors. The company's products are used for electronic equipment including digital cameras, DVD players, cellular phones, and watches.

River Eletec (TSE:6666) Headlines

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