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Naigai Tec (TSE:3374) Days Sales Outstanding : 47.03 (As of Dec. 2023)


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What is Naigai Tec Days Sales Outstanding?

Naigai Tec's average Accounts Receivable for the three months ended in Dec. 2023 was 円5,064 Mil. Naigai Tec's Revenue for the three months ended in Dec. 2023 was 円9,825 Mil. Hence, Naigai Tec's Days Sales Outstanding for the three months ended in Dec. 2023 was 47.03.

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

TSE:3374' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.67   Med: 70.9   Max: 87.52
Current: 47.87

During the past 13 years, Naigai Tec's highest Days Sales Outstanding was 87.52. The lowest was 47.67. And the median was 70.90.

TSE:3374's Days Sales Outstanding is ranked better than
84.11% of 2952 companies
in the Industrial Products industry
Industry Median: 79.815 vs TSE:3374: 47.87

Naigai Tec's Days Sales Outstanding declined from Dec. 2022 (49.49) to Dec. 2023 (47.03).


Naigai Tec Days Sales Outstanding Historical Data

The historical data trend for Naigai Tec'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.

Naigai Tec Days Sales Outstanding Chart

Naigai Tec 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 72.94 71.19 62.59 47.83 47.67

Naigai Tec 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 49.49 46.64 49.17 50.96 47.03

Competitive Comparison of Naigai Tec's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Naigai Tec'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.


Naigai Tec's Days Sales Outstanding Distribution in the Industrial Products Industry

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

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



Naigai Tec 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.

Naigai Tec'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
=( (5615.008 + 6212.59) / 2 ) / 45281.08*365
=5913.799 / 45281.08*365
=47.67

Naigai Tec'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
=( (5163.784 + 4964.635) / 2 ) / 9824.83*365 / 4
=5064.2095 / 9824.83*365 / 4
=47.03

* 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.


Naigai Tec  (TSE:3374) Days Sales Outstanding Explanation

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


Naigai Tec Days Sales Outstanding Related Terms

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Naigai Tec (TSE:3374) Business Description

Traded in Other Exchanges
N/A
Address
11-22, Sangenjaya 2-chome, Setagaya-ku, Tokyo, JPN, 154-0024
Naigai Tec Corp is engaged in electronics parts design, manufacture, logistics, and after-sale service. It sales, purchase, import and export of pneumatic devices, pneumatic application devices, working machines, electric devices, electronic devices, and other tools. It provides its services to Japan, China, and South Korea.

Naigai Tec (TSE:3374) Headlines

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