Nichia Steel Works (TSE:5658) Days Sales Outstanding : 70.03 (As of Dec. 2023)

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What is Nichia Steel Works Days Sales Outstanding?

Nichia Steel Works's average Accounts Receivable for the three months ended in Dec. 2023 was 円6,949 Mil. Nichia Steel Works's Revenue for the three months ended in Dec. 2023 was 円9,054 Mil. Hence, Nichia Steel Works's Days Sales Outstanding for the three months ended in Dec. 2023 was 70.03.

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

TSE:5658' s Days Sales Outstanding Range Over the Past 10 Years
Min: 73.73 Med: 92.67 Max: 105.37
Current: 75.34

During the past 13 years, Nichia Steel Works's highest Days Sales Outstanding was 105.37. The lowest was 73.73. And the median was 92.67.

TSE:5658's Days Sales Outstanding is ranked better than
54.25% of 2951 companies
in the Industrial Products industry
Industry Median: 79.82 vs TSE:5658: 75.34

Nichia Steel Works's Days Sales Outstanding declined from Dec. 2022 (70.76) to Dec. 2023 (70.03).

Nichia Steel Works Days Sales Outstanding Historical Data

The historical data trend for Nichia Steel Works'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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Nichia Steel Works Days Sales Outstanding Chart

Nichia Steel Works Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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95.13

92.52

92.67

77.34

73.73

Nichia Steel Works 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															70.76	77.97	79.88	73.23	70.03

Competitive Comparison of Nichia Steel Works's Days Sales Outstanding

For the Tools & Accessories subindustry, Nichia Steel Works'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.

Nichia Steel Works's Days Sales Outstanding Distribution in the Industrial Products Industry

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

* The bar in red indicates where Nichia Steel Works's Days Sales Outstanding falls into.

Nichia Steel Works 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.

Nichia Steel Works'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
=	( (6329.411	+	7437.225)	/	2 )	/	34075.193	*	365
=	6883.318					/	34075.193	*	365
=	73.73

Nichia Steel Works'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
=	( (6936.361	+	6960.789)	/	2 )	/	9053.588	*	365 / 4
=	6948.575					/	9053.588	*	365 / 4
=	70.03

Nichia Steel Works (TSE:5658) Days Sales Outstanding Explanation

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

Nichia Steel Works Days Sales Outstanding Related Terms

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Nichia Steel Works (TSE:5658) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nichia Steel Works Ltd (TSE:5658) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

6-74 Doui, Hyogo, Amagasaki, JPN, 660-0083

Website

http://www.nichiasteel.co.jp

Nichia Steel Works Ltd is a manufacturer of steel wire products, fasteners and related products. The products are used in various fields such as construction and civil infrastructure. It offers low carbon steel wire products, hard drawn steel wire products, fasteners & special products and other special finished products.

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