Aichi Tokei Denki Co (TSE:7723) Days Sales Outstanding : 93.68 (As of Dec. 2023)

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What is Aichi Tokei Denki Co Days Sales Outstanding?

Aichi Tokei Denki Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円12,873 Mil. Aichi Tokei Denki Co's Revenue for the three months ended in Dec. 2023 was 円12,539 Mil. Hence, Aichi Tokei Denki Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 93.68.

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

TSE:7723' s Days Sales Outstanding Range Over the Past 10 Years
Min: 88.45 Med: 104.29 Max: 107.32
Current: 88.45

During the past 13 years, Aichi Tokei Denki Co's highest Days Sales Outstanding was 107.32. The lowest was 88.45. And the median was 104.29.

TSE:7723's Days Sales Outstanding is ranked worse than
61.7% of 2457 companies
in the Hardware industry
Industry Median: 74.97 vs TSE:7723: 88.45

Aichi Tokei Denki Co's Days Sales Outstanding increased from Dec. 2022 (91.42) to Dec. 2023 (93.68).

Aichi Tokei Denki Co Days Sales Outstanding Historical Data

The historical data trend for Aichi Tokei Denki 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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Aichi Tokei Denki Co Days Sales Outstanding Chart

Aichi Tokei Denki Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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106.23

102.02

105.95

100.47

94.99

Aichi Tokei Denki 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															91.42	78.78	105.91	82.04	93.68

Competitive Comparison of Aichi Tokei Denki Co's Days Sales Outstanding

For the Scientific & Technical Instruments subindustry, Aichi Tokei Denki 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.

Aichi Tokei Denki Co's Days Sales Outstanding Distribution in the Hardware Industry

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

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

Aichi Tokei Denki 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.

Aichi Tokei Denki 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
=	( (12311	+	13797)	/	2 )	/	50160	*	365
=	13054					/	50160	*	365
=	94.99

Aichi Tokei Denki 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
=	( (12895	+	12850)	/	2 )	/	12539	*	365 / 4
=	12872.5					/	12539	*	365 / 4
=	93.68

Aichi Tokei Denki Co (TSE:7723) Days Sales Outstanding Explanation

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

Aichi Tokei Denki Co Days Sales Outstanding Related Terms

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Aichi Tokei Denki Co (TSE:7723) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Aichi Tokei Denki Co Ltd (TSE:7723) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

7723:Japan

Address

1-2-70 Chitose, Atsuta-ku,, Nagoya, JPN, 456-8691

Website

http://www.aichitokei.co.jp

Aichi Tokei Denki Co Ltd is engaged in the manufacturing, repairing, and selling of measuring equipment such as water and gas meters, gas leakage alarms, magnetic sensors, and flow meters.

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