Onward Holdings Co (Onward Holdings Co) Days Sales Outstanding : 28.56 (As of Nov. 2023)

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What is Onward Holdings Co Days Sales Outstanding?

Onward Holdings Co's average Accounts Receivable for the three months ended in Nov. 2023 was $107 Mil. Onward Holdings Co's Revenue for the three months ended in Nov. 2023 was $341 Mil. Hence, Onward Holdings Co's Days Sales Outstanding for the three months ended in Nov. 2023 was 28.56.

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

OKASY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.79 Med: 38.31 Max: 45.62
Current: 29.73

During the past 13 years, Onward Holdings Co's highest Days Sales Outstanding was 45.62. The lowest was 28.79. And the median was 38.31.

OKASY's Days Sales Outstanding is ranked better than
78.41% of 1033 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.41 vs OKASY: 29.73

Onward Holdings Co's Days Sales Outstanding increased from Nov. 2022 (27.96) to Nov. 2023 (28.56).

Onward Holdings Co Days Sales Outstanding Historical Data

The historical data trend for Onward Holdings 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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Onward Holdings Co Days Sales Outstanding Chart

Onward Holdings Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Days Sales Outstanding

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37.59

44.49

37.02

31.48

30.47

Onward Holdings Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Sales Outstanding	Get a 7-Day Free Trial															30.44	27.63	32.78	28.56	33.13

Competitive Comparison of Onward Holdings Co's Days Sales Outstanding

For the Apparel Manufacturing subindustry, Onward Holdings 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.

Onward Holdings Co's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Onward Holdings Co's Days Sales Outstanding distribution charts can be found below:

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

Onward Holdings 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.

Onward Holdings Co's Days Sales Outstanding for the fiscal year that ended in Feb. 2024 is calculated as

	Days Sales Outstanding (A: Feb. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Feb. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )	/	Revenue (A: Feb. 2024 )	*	Days in Period
=	( (105.084	+	106.493)	/	2 )	/	1267.446	*	365
=	105.7885					/	1267.446	*	365
=	30.47

Onward Holdings Co's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:

	Days Sales Outstanding (Q: Nov. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Aug. 2023 )	+	Accounts Receivable (A: Nov. 2023 ))	/	count )	/	Revenue (A: Nov. 2023 )	*	Days in Period
=	( (85.53	+	127.64)	/	2 )	/	340.542	*	365 / 4
=	106.585					/	340.542	*	365 / 4
=	28.56

Onward Holdings Co (OTCPK:OKASY) Days Sales Outstanding Explanation

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

Onward Holdings Co Days Sales Outstanding Related Terms

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Onward Holdings Co (Onward Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Onward Holdings Co Ltd (OTCPK:OKASY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

8016:Japan

Address

10-5, Nihonbashi 3-chome, Chuo-ku, Tokyo, JPN, 103-8239

Website

http://www.onward-hd.co.jp

Onward Holdings Co Ltd manufactures and sells clothing, shoes, uniforms, bags, and other items. Women's clothing sales account for the majority of Onward's apparel revenue. The company's core brands include Nijyusanku, Kumikyoku, ICB, Jiyuku, J.Press, and Gotairiku. More than three fourths of Onward's sales are through department stores. Remaining sales are through other retailers, directly managed stores, and e-commerce. More than three fourths of Onward's sales are in Japan, and most of the company's remaining sales are in Europe. The company manufactures its products primarily in China.

Onward Holdings Co (Onward Holdings Co) Headlines

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