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Toshiba Tec (TSE:6588) Days Sales Outstanding : 50.03 (As of Dec. 2023)


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What is Toshiba Tec Days Sales Outstanding?

Toshiba Tec's average Accounts Receivable for the three months ended in Dec. 2023 was 円72,957 Mil. Toshiba Tec's Revenue for the three months ended in Dec. 2023 was 円133,073 Mil. Hence, Toshiba Tec's Days Sales Outstanding for the three months ended in Dec. 2023 was 50.03.

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

TSE:6588' s Days Sales Outstanding Range Over the Past 10 Years
Min: 45.17   Med: 52.9   Max: 63.07
Current: 48.98

During the past 13 years, Toshiba Tec's highest Days Sales Outstanding was 63.07. The lowest was 45.17. And the median was 52.90.

TSE:6588's Days Sales Outstanding is ranked better than
79.2% of 2457 companies
in the Hardware industry
Industry Median: 74.85 vs TSE:6588: 48.98

Toshiba Tec's Days Sales Outstanding declined from Dec. 2022 (52.69) to Dec. 2023 (50.03).


Toshiba Tec Days Sales Outstanding Historical Data

The historical data trend for Toshiba 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.

Toshiba Tec Days Sales Outstanding Chart

Toshiba 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 49.01 45.17 55.61 55.23 51.86

Toshiba 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 52.69 47.27 53.98 47.17 50.03

Competitive Comparison of Toshiba Tec's Days Sales Outstanding

For the Computer Hardware subindustry, Toshiba 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.


Toshiba Tec's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Toshiba Tec's Days Sales Outstanding distribution charts can be found below:

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



Toshiba 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.

Toshiba 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
=( (70846 + 74293) / 2 ) / 510767*365
=72569.5 / 510767*365
=51.86

Toshiba 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
=( (75558 + 70355) / 2 ) / 133073*365 / 4
=72956.5 / 133073*365 / 4
=50.03

* 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.


Toshiba Tec  (TSE:6588) Days Sales Outstanding Explanation

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


Toshiba Tec Days Sales Outstanding Related Terms

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Toshiba Tec (TSE:6588) Business Description

Traded in Other Exchanges
Address
1-11-1, Osaki, Shinagawa-ku, Gate City Ohsaki West Tower, Tokyo, JPN, 141-8562
Toshiba Tec Corp is a Japan-based company that designs, manufactures, and distributes office equipment and machinery. Its product lineup is organized in four segments--retail solutions, which includes point-of-sale systems, self-checkout machines, kiosks and displays; printing solutions, which includes desktop, mobile, barcode, and multifunction printers; inkjet solutions, which includes high resolution inkjet printers; and original design manufacturer solutions, which include print heads, power supplies, barcodes, knives, cutters, display units, and other modules. The firm has operations in the Americas, Europe, Middle East and Africa, and Asia-Pacific regions.

Toshiba Tec (TSE:6588) Headlines

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