Nippon Steel (Nippon Steel) Days Sales Outstanding : 64.63 (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Nippon Steel Days Sales Outstanding?

Nippon Steel's average Accounts Receivable for the three months ended in Dec. 2023 was $10,967 Mil. Nippon Steel's Revenue for the three months ended in Dec. 2023 was $15,484 Mil. Hence, Nippon Steel's Days Sales Outstanding for the three months ended in Dec. 2023 was 64.63.

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

NISTF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.69 Med: 46.17 Max: 61.67
Current: 57.21

During the past 13 years, Nippon Steel's highest Days Sales Outstanding was 61.67. The lowest was 38.69. And the median was 46.17.

NISTF's Days Sales Outstanding is ranked worse than
58.93% of 599 companies
in the Steel industry
Industry Median: 50.01 vs NISTF: 57.21

Nippon Steel's Days Sales Outstanding increased from Dec. 2022 (42.33) to Dec. 2023 (64.63).

Nippon Steel Days Sales Outstanding Historical Data

The historical data trend for Nippon Steel'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.

* Premium members only.

Nippon Steel Days Sales Outstanding Chart

Nippon Steel Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

54.37

54.39

61.97

48.73

48.54

Nippon Steel 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															42.33	46.49	54.89	65.44	64.63

Competitive Comparison of Nippon Steel's Days Sales Outstanding

For the Steel subindustry, Nippon Steel'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.

Nippon Steel's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Nippon Steel's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Nippon Steel's Days Sales Outstanding falls into.

Nippon Steel 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.

Nippon Steel'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
=	( (7922.302	+	7948.151)	/	2 )	/	59668.782	*	365
=	7935.2265					/	59668.782	*	365
=	48.54

Nippon Steel'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
=	( (10692.178	+	11241.965)	/	2 )	/	15483.892	*	365 / 4
=	10967.0715					/	15483.892	*	365 / 4
=	64.63

Nippon Steel (OTCPK:NISTF) Days Sales Outstanding Explanation

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

Nippon Steel Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Nippon Steel's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Nippon Steel (Nippon Steel) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Nippon Steel Corp (OTCPK:NISTF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

NPSCY:USA 5401:Japan NPS:Germany

Address

6-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-8071

Website

https://www.nipponsteel.com

Nippon Steel Corporation, or NS, is the largest steel producer in Japan and one of the top five producers globally. NS supplies steel products such as steel sheets, steel plates, pipes, tubes, bars, wire rods, and stainless steels. It is mainly exposed to the auto, construction, and energy sectors. Steelmaking accounts for around 85%-90% of its revenue, while the remainder stems from engineering and construction, chemicals, new materials, and system solutions. Around 35%-40% of its revenue is from exports.

Nippon Steel (Nippon Steel) Headlines

From GuruFocus

JOGMEC selected a feasibility study on the establishment of an overseas CCS value chain in the "Survey on the Implementation of Advanced CCS Projects"

By ACN Newswire • 08-03-2023

Nippon Steel, Mitsubishi Corporation and ExxonMobil to Evaluate and Establish CCS Value Chains in the Asia Pacific Region

By ACN Newswire ACN Newswire • 01-26-2023