Hikari Holdings Co (TSE:1445) Days Sales Outstanding : 40.91 (As of Feb. 2024)

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What is Hikari Holdings Co Days Sales Outstanding?

Hikari Holdings Co's average Accounts Receivable for the six months ended in Feb. 2024 was 円578 Mil. Hikari Holdings Co's Revenue for the six months ended in Feb. 2024 was 円2,577 Mil. Hence, Hikari Holdings Co's Days Sales Outstanding for the six months ended in Feb. 2024 was 40.91.

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

TSE:1445' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.49 Med: 34.71 Max: 54.89
Current: 47.85

During the past 7 years, Hikari Holdings Co's highest Days Sales Outstanding was 54.89. The lowest was 29.49. And the median was 34.71.

TSE:1445's Days Sales Outstanding is not ranked
in the Conglomerates industry.
Industry Median: 60.79 vs TSE:1445: 47.85

Hikari Holdings Co's Days Sales Outstanding declined from Feb. 2023 (52.72) to Feb. 2024 (40.91).

Hikari Holdings Co Days Sales Outstanding Historical Data

The historical data trend for Hikari Holdings 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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Hikari Holdings Co Days Sales Outstanding Chart

Hikari Holdings Co Annual Data

Trend

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Days Sales Outstanding

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34.61

34.71

29.49

30.12

40.69

Hikari Holdings Co Semi-Annual Data
	Aug16	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Days Sales Outstanding	Get a 7-Day Free Trial										42.19	58.68	52.72	61.80	40.91

Competitive Comparison of Hikari Holdings Co's Days Sales Outstanding

For the Conglomerates subindustry, Hikari Holdings 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.

Hikari Holdings Co's Days Sales Outstanding Distribution in the Conglomerates Industry

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

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

Hikari Holdings 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.

Hikari Holdings Co's Days Sales Outstanding for the fiscal year that ended in Aug. 2022 is calculated as

	Days Sales Outstanding (A: Aug. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Aug. 2021 )	+	Accounts Receivable (A: Aug. 2022 ))	/	count )	/	Revenue (A: Aug. 2022 )	*	Days in Period
=	( (318.14	+	493.661)	/	2 )	/	3641.314	*	365
=	405.9005					/	3641.314	*	365
=	40.69

Hikari Holdings Co's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding (Q: Feb. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Aug. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )	/	Revenue (A: Feb. 2024 )	*	Days in Period
=	( (647.719	+	507.554)	/	2 )	/	2577.048	*	365 / 2
=	577.6365					/	2577.048	*	365 / 2
=	40.91

Hikari Holdings Co (TSE:1445) 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 Holdings Co Days Sales Outstanding Related Terms

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Hikari Holdings Co (TSE:1445) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hikari Holdings Co Ltd (TSE:1445) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Map 67, Ohata-cho, Gifu Prefecture, Tajimi-shi, JPN, 507-0818

Website

https://www.h-holdings.jp

Hikari Holdings Co Ltd provides cutting ceramic hard tiles and communication services.

Hikari Holdings Co (TSE:1445) Headlines

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