Inaba Denkisangyo Co (TSE:9934) Days Sales Outstanding : 66.59 (As of Dec. 2023)

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What is Inaba Denkisangyo Co Days Sales Outstanding?

Inaba Denkisangyo Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円61,241 Mil. Inaba Denkisangyo Co's Revenue for the three months ended in Dec. 2023 was 円83,925 Mil. Hence, Inaba Denkisangyo Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 66.59.

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

TSE:9934' s Days Sales Outstanding Range Over the Past 10 Years
Min: 68.87 Med: 92.48 Max: 108
Current: 68.87

During the past 13 years, Inaba Denkisangyo Co's highest Days Sales Outstanding was 108.00. The lowest was 68.87. And the median was 92.48.

TSE:9934's Days Sales Outstanding is ranked better than
60.84% of 2957 companies
in the Industrial Products industry
Industry Median: 79.38 vs TSE:9934: 68.87

Inaba Denkisangyo Co's Days Sales Outstanding declined from Dec. 2022 (71.38) to Dec. 2023 (66.59).

Inaba Denkisangyo Co Days Sales Outstanding Historical Data

The historical data trend for Inaba Denkisangyo 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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Inaba Denkisangyo Co Days Sales Outstanding Chart

Inaba Denkisangyo Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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91.54

88.77

92.17

89.33

87.35

Inaba Denkisangyo 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															71.38	65.11	85.15	66.25	66.59

Competitive Comparison of Inaba Denkisangyo Co's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Inaba Denkisangyo 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.

Inaba Denkisangyo Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Inaba Denkisangyo Co's Days Sales Outstanding distribution charts can be found below:

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

Inaba Denkisangyo 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.

Inaba Denkisangyo 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
=	( (72598	+	79107)	/	2 )	/	316947	*	365
=	75852.5					/	316947	*	365
=	87.35

Inaba Denkisangyo 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
=	( (63110	+	59371)	/	2 )	/	83925	*	365 / 4
=	61240.5					/	83925	*	365 / 4
=	66.59

Inaba Denkisangyo Co (TSE:9934) Days Sales Outstanding Explanation

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

Inaba Denkisangyo Co Days Sales Outstanding Related Terms

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Inaba Denkisangyo Co (TSE:9934) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Inaba Denkisangyo Co Ltd (TSE:9934) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nishi Ward 4-chome 11-14, Osaka, JPN, 550-0012

Website

http://www.inaba.co.jp

Inaba Denkisangyo Co Ltd is divided its business in Electrical equipment and materials, Industrial solutions and proprietary product divisions. Electrical equipment and materials division comprises products from light fittings, air conditioning systems, distribution panels for all types of buildings. Industrial solutions division consists of solutions for issues such as improving productivity, resource conservation, and space saving. Proprietary products division includes the development of in-house brands Inaba denko and Abaniact. It also develops products for eco-friendly lifestyles.

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