Howa Machinery (TSE:6203) Days Sales Outstanding : 127.70 (As of Dec. 2023)

View and export this data going back to 1949. Start your Free Trial

What is Howa Machinery Days Sales Outstanding?

Howa Machinery's average Accounts Receivable for the three months ended in Dec. 2023 was 円6,231 Mil. Howa Machinery's Revenue for the three months ended in Dec. 2023 was 円4,452 Mil. Hence, Howa Machinery's Days Sales Outstanding for the three months ended in Dec. 2023 was 127.70.

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

TSE:6203' s Days Sales Outstanding Range Over the Past 10 Years
Min: 91.7 Med: 102.69 Max: 121.74
Current: 97.95

During the past 13 years, Howa Machinery's highest Days Sales Outstanding was 121.74. The lowest was 91.70. And the median was 102.69.

TSE:6203's Days Sales Outstanding is ranked worse than
64.05% of 2951 companies
in the Industrial Products industry
Industry Median: 79.82 vs TSE:6203: 97.95

Howa Machinery's Days Sales Outstanding increased from Dec. 2022 (88.28) to Dec. 2023 (127.70).

Howa Machinery Days Sales Outstanding Historical Data

The historical data trend for Howa Machinery'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.

Howa Machinery Days Sales Outstanding Chart

Howa Machinery Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

112.24

121.74

113.47

96.42

94.99

Howa Machinery 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															88.28	66.73	114.03	113.04	127.70

Competitive Comparison of Howa Machinery's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Howa Machinery'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.

Howa Machinery's Days Sales Outstanding Distribution in the Industrial Products Industry

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

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

Howa Machinery 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.

Howa Machinery'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
=	( (4871	+	5402)	/	2 )	/	19738	*	365
=	5136.5					/	19738	*	365
=	94.99

Howa Machinery'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
=	( (7162	+	5299)	/	2 )	/	4452	*	365 / 4
=	6230.5					/	4452	*	365 / 4
=	127.70

Howa Machinery (TSE:6203) Days Sales Outstanding Explanation

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

Howa Machinery Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Howa Machinery's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Howa Machinery (TSE:6203) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Howa Machinery Ltd (TSE:6203) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1900-1, Sukaguchi, Kiyosu, Aichi, JPN

Website

http://www.howa.co.jp

Howa Machinery Ltd engages in the manufacture and sale of machine tools, pneumatic and hydraulic equipment, electronic machines, firearms, construction materials and construction machinery.

Howa Machinery (TSE:6203) Headlines

No Headlines