Miyairi Valve Mfg.Co (TSE:6495) Days Sales Outstanding : 52.99 (As of Dec. 2023)

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What is Miyairi Valve Mfg.Co Days Sales Outstanding?

Miyairi Valve Mfg.Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円981 Mil. Miyairi Valve Mfg.Co's Revenue for the three months ended in Dec. 2023 was 円1,690 Mil. Hence, Miyairi Valve Mfg.Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 52.99.

The historical rank and industry rank for Miyairi Valve Mfg.Co's Days Sales Outstanding or its related term are showing as below:

TSE:6495' s Days Sales Outstanding Range Over the Past 10 Years
Min: 58.18 Med: 70.09 Max: 78.18
Current: 58.18

During the past 13 years, Miyairi Valve Mfg.Co's highest Days Sales Outstanding was 78.18. The lowest was 58.18. And the median was 70.09.

TSE:6495's Days Sales Outstanding is ranked better than
73.69% of 2957 companies
in the Industrial Products industry
Industry Median: 79.63 vs TSE:6495: 58.18

Miyairi Valve Mfg.Co's Days Sales Outstanding declined from Dec. 2022 (60.33) to Dec. 2023 (52.99).

Miyairi Valve Mfg.Co Days Sales Outstanding Historical Data

The historical data trend for Miyairi Valve Mfg.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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Miyairi Valve Mfg.Co Days Sales Outstanding Chart

Miyairi Valve Mfg.Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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78.18

73.98

75.88

70.28

60.19

Miyairi Valve Mfg.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															60.33	58.44	58.78	58.11	52.99

Competitive Comparison of Miyairi Valve Mfg.Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Miyairi Valve Mfg.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.

Miyairi Valve Mfg.Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Miyairi Valve Mfg.Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Miyairi Valve Mfg.Co's Days Sales Outstanding falls into.

Miyairi Valve Mfg.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.

Miyairi Valve Mfg.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
=	( (1059.508	+	1028.473)	/	2 )	/	6331.411	*	365
=	1043.9905					/	6331.411	*	365
=	60.19

Miyairi Valve Mfg.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
=	( (872.22	+	1090.548)	/	2 )	/	1689.823	*	365 / 4
=	981.384					/	1689.823	*	365 / 4
=	52.99

Miyairi Valve Mfg.Co (TSE:6495) Days Sales Outstanding Explanation

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

Miyairi Valve Mfg.Co Days Sales Outstanding Related Terms

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Miyairi Valve Mfg.Co (TSE:6495) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Miyairi Valve Mfg.Co Ltd (TSE:6495) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-2, Ginza-Nishi, Chuo-ku, Tokyo, JPN, 104-0061

Website

http://www.miyairi-valve.co.jp

Miyairi Valve Mfg.Co Ltd operates in the liquefied petroleum gas (LPG) industry in Japan. The company is primarily engaged in the manufacturing and selling of cylinder valve for LPG, valves and equipment for other high-pressure gases, valves for other transportation and other gas equipment.

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