Harada Industry Co (TSE:6904) Days Sales Outstanding : 62.29 (As of Dec. 2023)

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What is Harada Industry Co Days Sales Outstanding?

Harada Industry Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円8,653 Mil. Harada Industry Co's Revenue for the three months ended in Dec. 2023 was 円12,677 Mil. Hence, Harada Industry Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 62.29.

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

TSE:6904' s Days Sales Outstanding Range Over the Past 10 Years
Min: 63.14 Med: 70.23 Max: 75.8
Current: 64.56

During the past 13 years, Harada Industry Co's highest Days Sales Outstanding was 75.80. The lowest was 63.14. And the median was 70.23.

TSE:6904's Days Sales Outstanding is ranked better than
61.46% of 2460 companies
in the Hardware industry
Industry Median: 74.5 vs TSE:6904: 64.56

Harada Industry Co's Days Sales Outstanding declined from Dec. 2022 (64.26) to Dec. 2023 (62.29).

Harada Industry Co Days Sales Outstanding Historical Data

The historical data trend for Harada Industry 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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Harada Industry Co Days Sales Outstanding Chart

Harada Industry Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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67.70

65.02

73.90

71.66

63.14

Harada Industry 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															64.26	66.04	66.17	61.21	62.29

Competitive Comparison of Harada Industry Co's Days Sales Outstanding

For the Communication Equipment subindustry, Harada Industry 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.

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

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

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

Harada Industry 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.

Harada Industry 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
=	( (6701.453	+	7865.174)	/	2 )	/	42105.413	*	365
=	7283.3135					/	42105.413	*	365
=	63.14

Harada Industry 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
=	( (8387.037	+	8919.329)	/	2 )	/	12676.643	*	365 / 4
=	8653.183					/	12676.643	*	365 / 4
=	62.29

Harada Industry Co (TSE:6904) Days Sales Outstanding Explanation

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

Harada Industry Co Days Sales Outstanding Related Terms

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Harada Industry Co (TSE:6904) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Harada Industry Co Ltd (TSE:6904) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Omori Bellport B-4F, 26-2 Minami-Ohi 6-Chome, Shinagawa-ku, Tokyo, JPN, 140-0013

Website

http://www.harada.co.jp

Harada Industry Co Ltd manufactures and sells automotive antennas, wireless and data communications antennas, mobile device antennas, actuators, and various automotive parts, electronic devices, and components. It manufactures antennas for radio, GPS, telephone, DSRC, ETC, television. It also provides cables, such as copper clad aluminum, coaxial, and shielded twisted pair cables, as well as connectors.

Harada Industry Co (TSE:6904) Headlines

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