Daido Metal Co (TSE:7245) Days Sales Outstanding : 80.89 (As of Dec. 2023)

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What is Daido Metal Co Days Sales Outstanding?

Daido Metal Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円29,798 Mil. Daido Metal Co's Revenue for the three months ended in Dec. 2023 was 円33,614 Mil. Hence, Daido Metal Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 80.89.

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

TSE:7245' s Days Sales Outstanding Range Over the Past 10 Years
Min: 81.89 Med: 92.44 Max: 107.4
Current: 83.38

During the past 13 years, Daido Metal Co's highest Days Sales Outstanding was 107.40. The lowest was 81.89. And the median was 92.44.

TSE:7245's Days Sales Outstanding is ranked worse than
74.74% of 1271 companies
in the Vehicles & Parts industry
Industry Median: 60.7 vs TSE:7245: 83.38

Daido Metal Co's Days Sales Outstanding declined from Dec. 2022 (81.80) to Dec. 2023 (80.89).

Daido Metal Co Days Sales Outstanding Historical Data

The historical data trend for Daido Metal 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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Daido Metal Co Days Sales Outstanding Chart

Daido Metal Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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93.00

92.44

100.59

83.54

81.89

Daido Metal 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															81.80	90.59	83.63	78.34	80.89

Competitive Comparison of Daido Metal Co's Days Sales Outstanding

For the Auto Parts subindustry, Daido Metal 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.

Daido Metal Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Daido Metal Co's Days Sales Outstanding distribution charts can be found below:

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

Daido Metal 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.

Daido Metal 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
=	( (24551	+	27265)	/	2 )	/	115480	*	365
=	25908					/	115480	*	365
=	81.89

Daido Metal 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
=	( (29668	+	29928)	/	2 )	/	33614	*	365 / 4
=	29798					/	33614	*	365 / 4
=	80.89

Daido Metal Co (TSE:7245) Days Sales Outstanding Explanation

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

Daido Metal Co Days Sales Outstanding Related Terms

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Daido Metal Co (TSE:7245) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Daido Metal Co Ltd (TSE:7245) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

17th Floor, Tennozu Central Tower 2-2-24, Higashi Shinagawa, Shinagawa-Ku, Tokyo, JPN, 140-0002

Website

http://www.daidometal.com

Daido Metal Co Ltd manufactures and sells a variety of bearings including automobile engine bearings and large ship engine bearings. The company has a production and sales network in the five-hub system of Japan, North America, Europe, Asia, and China. It manufactures bearings for trucks, construction and agricultural machinery, and bearings for automobile parts such as turbochargers and shock absorbers. Its products portfolio includes metal-polymer bearings, metallic bearings, engine bearing, turbomachinery bearing systems, modular products, pump, centralized lubrication, capacitors and semi-dry processing which are used in including automotive, marine, construction machinery, agricultural machines, industrial, energy, infrastructure and transportation, leisure, and household appliances.

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