Hikari Tsushin (FRA:HIK) Days Sales Outstanding : 151.34 (As of Sep. 2024)

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What is Hikari Tsushin Days Sales Outstanding?

Hikari Tsushin's average Accounts Receivable for the three months ended in Sep. 2024 was €1,878 Mil. Hikari Tsushin's Revenue for the three months ended in Sep. 2024 was €1,132 Mil. Hence, Hikari Tsushin's Days Sales Outstanding for the three months ended in Sep. 2024 was 151.34.

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

FRA:HIK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 74.41 Med: 131.94 Max: 169.8
Current: 160.07

During the past 13 years, Hikari Tsushin's highest Days Sales Outstanding was 169.80. The lowest was 74.41. And the median was 131.94.

FRA:HIK's Days Sales Outstanding is ranked worse than
88.65% of 520 companies
in the Conglomerates industry
Industry Median: 59.11 vs FRA:HIK: 160.07

Hikari Tsushin's Days Sales Outstanding declined from Sep. 2023 (157.08) to Sep. 2024 (151.34).

Hikari Tsushin Days Sales Outstanding Historical Data

The historical data trend for Hikari Tsushin'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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Hikari Tsushin Days Sales Outstanding Chart

Hikari Tsushin Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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124.30

139.54

149.79

157.14

181.73

Hikari Tsushin Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															157.08	162.05	160.64	178.91	151.34

Competitive Comparison of Hikari Tsushin's Days Sales Outstanding

For the Conglomerates subindustry, Hikari Tsushin'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.

Hikari Tsushin's Days Sales Outstanding Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hikari Tsushin's Days Sales Outstanding distribution charts can be found below:

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

Hikari Tsushin 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.

Hikari Tsushin's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (1994.521	+	1686.388)	/	2 )	/	3696.418	*	365
=	1840.4545					/	3696.418	*	365
=	181.73

Hikari Tsushin's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (0	+	1877.671)	/	1 )	/	1132.153	*	365 / 4
=	1877.671					/	1132.153	*	365 / 4
=	151.34

Hikari Tsushin (FRA:HIK) Days Sales Outstanding Explanation

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

Hikari Tsushin Days Sales Outstanding Related Terms

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Hikari Tsushin Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hikari Tsushin Inc (FRA:HIK) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

9435:Japan HIK:Germany

Address

Hikari West Gate Building, 1-4-10, Nishi Ikebukuro, Toshima-ku, Tokyo, JPN, 171-0021

Website

http://www.hikari.co.jp

Hikari Tsushin Inc is a Japanese company that provides services such networking and automation products offers individual insurance plans for small and medium-size enterprises. The company has three reporting segments: corporate, shop and insurance. The corporate segment offers products such as Wi-Fi routers, SIM cards, water coolers and LED lighting. Revenue is evenly split between the corporate and shop segments with insurance adding a small portion. The company earns the vast majority of its revenue in Japan.

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