Newtech Co (TSE:6734) Days Sales Outstanding : 47.27 (As of Aug. 2024)

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What is Newtech Co Days Sales Outstanding?

Newtech Co's average Accounts Receivable for the three months ended in Aug. 2024 was 円742 Mil. Newtech Co's Revenue for the three months ended in Aug. 2024 was 円1,433 Mil. Hence, Newtech Co's Days Sales Outstanding for the three months ended in Aug. 2024 was 47.27.

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

TSE:6734' s Days Sales Outstanding Range Over the Past 10 Years
Min: 62.64 Med: 86.93 Max: 99.5
Current: 62.64

During the past 13 years, Newtech Co's highest Days Sales Outstanding was 99.50. The lowest was 62.64. And the median was 86.93.

TSE:6734's Days Sales Outstanding is ranked better than
63.23% of 2426 companies
in the Hardware industry
Industry Median: 75.2 vs TSE:6734: 62.64

Newtech Co's Days Sales Outstanding increased from Aug. 2023 (46.99) to Aug. 2024 (47.27).

Newtech Co Days Sales Outstanding Historical Data

The historical data trend for Newtech 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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Newtech Co Days Sales Outstanding Chart

Newtech Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Days Sales Outstanding

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95.14

97.85

89.26

69.34

80.71

Newtech Co Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Days Sales Outstanding	Get a 7-Day Free Trial															46.99	70.07	49.04	86.21	47.27

Competitive Comparison of Newtech Co's Days Sales Outstanding

For the Computer Hardware subindustry, Newtech 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.

Newtech Co's Days Sales Outstanding Distribution in the Hardware Industry

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

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

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Newtech 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.

Newtech Co's Days Sales Outstanding for the fiscal year that ended in Feb. 2024 is calculated as

	Days Sales Outstanding (A: Feb. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Feb. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )	/	Revenue (A: Feb. 2024 )	*	Days in Period
=	( (747.653	+	893.524)	/	2 )	/	3711.062	*	365
=	820.5885					/	3711.062	*	365
=	80.71

Newtech Co's Days Sales Outstanding for the quarter that ended in Aug. 2024 is calculated as:

	Days Sales Outstanding (Q: Aug. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: May. 2024 )	+	Accounts Receivable (A: Aug. 2024 ))	/	count )	/	Revenue (A: Aug. 2024 )	*	Days in Period
=	( (440.164	+	1044.391)	/	2 )	/	1432.994	*	365 / 4
=	742.2775					/	1432.994	*	365 / 4
=	47.27

Newtech Co (TSE:6734) Days Sales Outstanding Explanation

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

Newtech Co Days Sales Outstanding Related Terms

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Newtech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Newtech Co Ltd (TSE:6734) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

N/A

Address

KDX building Hamamatsu-cho, Hamamatsu-cho 2-chome, 7-19, Minato-ku, Tokyo, JPN, 105-0013

Website

http://www.newtech.co.jp

Newtech Co Ltd is engaged in the development, manufacturing, sales, and support of storage main units and peripheral devices connected to servers. The products of the company include Thunderbolt RAID, SAS RAID, FC RAID, iSCSI RAID, and Infiniband.

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