GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Toyo Electric Corp (NGO:6655) » Definitions » Days Sales Outstanding

Toyo Electric (NGO:6655) Days Sales Outstanding : 100.76 (As of Dec. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Toyo Electric Days Sales Outstanding?

Toyo Electric's average Accounts Receivable for the three months ended in Dec. 2023 was 円2,709 Mil. Toyo Electric's Revenue for the three months ended in Dec. 2023 was 円2,453 Mil. Hence, Toyo Electric's Days Sales Outstanding for the three months ended in Dec. 2023 was 100.76.

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

NGO:6655' s Days Sales Outstanding Range Over the Past 10 Years
Min: 101.19   Med: 119.08   Max: 126.15
Current: 101.19

During the past 13 years, Toyo Electric's highest Days Sales Outstanding was 126.15. The lowest was 101.19. And the median was 119.08.

NGO:6655's Days Sales Outstanding is ranked worse than
66.16% of 2958 companies
in the Industrial Products industry
Industry Median: 79.61 vs NGO:6655: 101.19

Toyo Electric's Days Sales Outstanding declined from Dec. 2022 (106.91) to Dec. 2023 (100.76).


Toyo Electric Days Sales Outstanding Historical Data

The historical data trend for Toyo Electric'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.

Toyo Electric Days Sales Outstanding Chart

Toyo Electric Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 118.34 119.08 121.03 111.22 117.38

Toyo Electric 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 106.91 93.90 107.23 102.50 100.76

Competitive Comparison of Toyo Electric's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Toyo Electric'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.


Toyo Electric's Days Sales Outstanding Distribution in the Industrial Products Industry

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

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



Toyo Electric 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.

Toyo Electric'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
=( (2492.591 + 2374.379) / 2 ) / 7566.77*365
=2433.485 / 7566.77*365
=117.38

Toyo Electric'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
=( (2648.024 + 2770.53) / 2 ) / 2453.453*365 / 4
=2709.277 / 2453.453*365 / 4
=100.76

* 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.


Toyo Electric  (NGO:6655) Days Sales Outstanding Explanation

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


Toyo Electric Days Sales Outstanding Related Terms

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


Toyo Electric (NGO:6655) Business Description

Traded in Other Exchanges
N/A
Address
2-156 Ajiyoshi-cho, Aichi, Kasugai, JPN, 486-8585
Toyo Electric Corp is a Japan based company engaged in the manufacture and maintenance of switchboards and transformers. It offers electric devices, engineering products and transformers. Electric devices include multi-beam sensor, elevator type SOT-AV product series, SPC-MX/SX product series and other products.

Toyo Electric (NGO:6655) Headlines

No Headlines