Tecnisco (TSE:2962) Days Sales Outstanding : 102.27 (As of Jun. 2023)

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What is Tecnisco Days Sales Outstanding?

Tecnisco's average Accounts Receivable for the six months ended in Jun. 2023 was 円1,498 Mil. Tecnisco's Revenue for the six months ended in Jun. 2023 was 円5,347 Mil. Hence, Tecnisco's Days Sales Outstanding for the six months ended in Jun. 2023 was 51.13.

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

TSE:2962' s Days Sales Outstanding Range Over the Past 10 Years
Min: 102.27 Med: 102.9 Max: 129.85
Current: 102.27

During the past 3 years, Tecnisco's highest Days Sales Outstanding was 129.85. The lowest was 102.27. And the median was 102.90.

TSE:2962's Days Sales Outstanding is ranked worse than
66.92% of 2944 companies
in the Industrial Products industry
Industry Median: 79.815 vs TSE:2962: 102.27

Tecnisco's Days Sales Outstanding declined from Jun. 2021 (129.85) to Jun. 2023 (102.27).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Tecnisco Days Sales Outstanding Historical Data

The historical data trend for Tecnisco'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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Tecnisco Days Sales Outstanding Chart

Tecnisco Annual Data

Trend

Jun21

Jun22

Jun23

Days Sales Outstanding

129.85

102.90

102.27

Tecnisco Semi-Annual Data
	Jun21	Jun22	Jun23
Days Sales Outstanding	129.85	102.90	102.27

Competitive Comparison of Tecnisco's Days Sales Outstanding

For the Metal Fabrication subindustry, Tecnisco'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.

Tecnisco's Days Sales Outstanding Distribution in the Industrial Products Industry

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

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

Tecnisco 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.

Tecnisco's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (1544.043	+	1452.27)	/	2 )	/	5347.037	*	365
=	1498.1565					/	5347.037	*	365
=	102.27

Tecnisco's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (1544.043	+	1452.27)	/	2 )	/	5347.037	*	365 / 2
=	1498.1565					/	5347.037	*	365 / 2
=	51.13

Tecnisco (TSE:2962) Days Sales Outstanding Explanation

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

Tecnisco Days Sales Outstanding Related Terms

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Tecnisco (TSE:2962) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tecnisco Ltd (TSE:2962) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-2-15, Minami-Shinagawa, Shinagawa-ku, Tokyo, JPN, 140-0004

Website

https://www.tecnisco.com

Tecnisco Ltd is engaged in the Precision products business. It manufactures and sells Metal Products, Glass Products, and Drilling tool Products. Its products include Heatsinks, a Display device for projectors and mobile, Single core drills, Double core drills, and silicon products. The company uses Cross-edge technology for its operations.

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