Hokuriku Electric Power Co (TSE:9505) Days Sales Outstanding : 38.07 (As of Dec. 2023)

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What is Hokuriku Electric Power Co Days Sales Outstanding?

Hokuriku Electric Power Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円77,519 Mil. Hokuriku Electric Power Co's Revenue for the three months ended in Dec. 2023 was 円185,783 Mil. Hence, Hokuriku Electric Power Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 38.07.

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

TSE:9505' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.89 Med: 36.99 Max: 45.27
Current: 34.69

During the past 13 years, Hokuriku Electric Power Co's highest Days Sales Outstanding was 45.27. The lowest was 28.89. And the median was 36.99.

TSE:9505's Days Sales Outstanding is ranked better than
74.8% of 504 companies
in the Utilities - Regulated industry
Industry Median: 53.49 vs TSE:9505: 34.69

Hokuriku Electric Power Co's Days Sales Outstanding increased from Dec. 2022 (37.92) to Dec. 2023 (38.07).

Hokuriku Electric Power Co Days Sales Outstanding Historical Data

The historical data trend for Hokuriku Electric Power 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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Hokuriku Electric Power Co Days Sales Outstanding Chart

Hokuriku Electric Power Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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37.20

37.93

39.26

45.27

35.71

Hokuriku Electric Power 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															37.92	32.17	36.00	31.97	38.07

Competitive Comparison of Hokuriku Electric Power Co's Days Sales Outstanding

For the Utilities - Regulated Electric subindustry, Hokuriku Electric Power 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.

Hokuriku Electric Power Co's Days Sales Outstanding Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hokuriku Electric Power Co's Days Sales Outstanding distribution charts can be found below:

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

Hokuriku Electric Power 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.

Hokuriku Electric Power 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
=	( (80211	+	79759)	/	2 )	/	817601	*	365
=	79985					/	817601	*	365
=	35.71

Hokuriku Electric Power 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
=	( (78115	+	76922)	/	2 )	/	185783	*	365 / 4
=	77518.5					/	185783	*	365 / 4
=	38.07

Hokuriku Electric Power Co (TSE:9505) Days Sales Outstanding Explanation

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

Hokuriku Electric Power Co Days Sales Outstanding Related Terms

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Hokuriku Electric Power Co (TSE:9505) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Hokuriku Electric Power Co Inc (TSE:9505) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

6HO:Germany

Address

15-1 Ushijima-cho, Toyama, JPN, 930-8686

Website

http://www.rikuden.co.jp

Hokuriku Electric Power Co Inc is an electric utility company that functions as a regulated monopoly in the Hokuriku region of Japan's main island of Honshu. Hokuriku Electric supplies electricity through power generation, transmission, and distribution. To do this, the company operates a portfolio of hydroelectric, thermal, and nuclear power plants located throughout Japan's Hokuriku region. Most of the total energy produced by Hokuriku Electric comes from its thermal facilities that utilize coal fuel sources. The company primarily generates revenue through the sale of electric power to residential and large-scale industrial customers in the machinery, chemical, and textile sectors.

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