Nitto Kohki Co (TSE:6151) Days Sales Outstanding : 52.20 (As of Dec. 2023)

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What is Nitto Kohki Co Days Sales Outstanding?

Nitto Kohki Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円3,813 Mil. Nitto Kohki Co's Revenue for the three months ended in Dec. 2023 was 円6,666 Mil. Hence, Nitto Kohki Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 52.20.

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

TSE:6151' s Days Sales Outstanding Range Over the Past 10 Years
Min: 53.33 Med: 79.27 Max: 93.62
Current: 54.96

During the past 13 years, Nitto Kohki Co's highest Days Sales Outstanding was 93.62. The lowest was 53.33. And the median was 79.27.

TSE:6151's Days Sales Outstanding is ranked better than
76.9% of 2957 companies
in the Industrial Products industry
Industry Median: 79.67 vs TSE:6151: 54.96

Nitto Kohki Co's Days Sales Outstanding declined from Dec. 2022 (57.29) to Dec. 2023 (52.20).

Nitto Kohki Co Days Sales Outstanding Historical Data

The historical data trend for Nitto Kohki 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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Nitto Kohki Co Days Sales Outstanding Chart

Nitto Kohki Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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71.68

62.58

67.86

57.52

53.33

Nitto Kohki Co 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															57.29	58.63	54.48	55.01	52.20

Competitive Comparison of Nitto Kohki Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Nitto Kohki 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.

Nitto Kohki Co's Days Sales Outstanding Distribution in the Industrial Products Industry

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

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

Nitto Kohki 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.

Nitto Kohki Co'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
=	( (4070	+	4139)	/	2 )	/	28091	*	365
=	4104.5					/	28091	*	365
=	53.33

Nitto Kohki Co'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
=	( (3986	+	3640)	/	2 )	/	6666	*	365 / 4
=	3813					/	6666	*	365 / 4
=	52.20

Nitto Kohki Co (TSE:6151) Days Sales Outstanding Explanation

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

Nitto Kohki Co Days Sales Outstanding Related Terms

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Nitto Kohki Co (TSE:6151) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nitto Kohki Co Ltd (TSE:6151) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

9-4, Nakaikegami 2-Chome, Ohta-ku, Tokyo, JPN, 146-8555

Website

http://www.nitto-kohki.co.jp

Nitto Kohki Co Ltd is a Japan-based company that operates in four segments. The couplings segment develops, manufactures, and sells quick-connecting fluid couplings under the Cupla brand. The machine tools segment manufactures machine tools for various functions including drilling, cutting, sanding, chamfering, and so on. The linear pumps segment manufactures and sells pump products that are incorporated into equipment in the housing, medical healthcare, hair, and various other fields. The door closers segment offers various door-closer products utilized in different kinds of doors. The company generates the majority of its sales from the Japanese domestic market, and the rest from overseas markets.

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