Precision Tsugami (China) (HKSE:01651) Days Sales Outstanding : 22.07 (As of Sep. 2023)

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What is Precision Tsugami (China) Days Sales Outstanding?

Precision Tsugami (China)'s average Accounts Receivable for the six months ended in Sep. 2023 was HK$194 Mil. Precision Tsugami (China)'s Revenue for the six months ended in Sep. 2023 was HK$1,603 Mil. Hence, Precision Tsugami (China)'s Days Sales Outstanding for the six months ended in Sep. 2023 was 22.07.

The historical rank and industry rank for Precision Tsugami (China)'s Days Sales Outstanding or its related term are showing as below:

HKSE:01651' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.15 Med: 26.62 Max: 32.26
Current: 23.63

During the past 9 years, Precision Tsugami (China)'s highest Days Sales Outstanding was 32.26. The lowest was 16.15. And the median was 26.62.

HKSE:01651's Days Sales Outstanding is ranked better than
96.38% of 2957 companies
in the Industrial Products industry
Industry Median: 79.61 vs HKSE:01651: 23.63

Precision Tsugami (China)'s Days Sales Outstanding declined from Sep. 2022 (30.69) to Sep. 2023 (22.07).

Precision Tsugami (China) Days Sales Outstanding Historical Data

The historical data trend for Precision Tsugami (China)'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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Precision Tsugami (China) Days Sales Outstanding Chart

Precision Tsugami (China) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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26.62

28.62

20.92

26.04

29.45

Precision Tsugami (China) Semi-Annual Data
	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial												20.47	30.84	30.69	25.17	22.07

Competitive Comparison of Precision Tsugami (China)'s Days Sales Outstanding

For the Tools & Accessories subindustry, Precision Tsugami (China)'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.

Precision Tsugami (China)'s Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Precision Tsugami (China)'s Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Precision Tsugami (China)'s Days Sales Outstanding falls into.

Precision Tsugami (China) 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.

Precision Tsugami (China)'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
=	( (495.558	+	248.247)	/	2 )	/	4609.401	*	365
=	371.9025					/	4609.401	*	365
=	29.45

Precision Tsugami (China)'s Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (248.247	+	139.491)	/	2 )	/	1603.037	*	365 / 2
=	193.869					/	1603.037	*	365 / 2
=	22.07

Precision Tsugami (China) (HKSE:01651) Days Sales Outstanding Explanation

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

Precision Tsugami (China) Days Sales Outstanding Related Terms

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Precision Tsugami (China) (HKSE:01651) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Precision Tsugami (China) Corp Ltd (HKSE:01651) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2001 Pingcheng Road, Pinghu Economic-Technological Development Zone, Zhejiang Province, Pinghu, CHN, 314200

Website

https://www.tsugami.com.cn

Precision Tsugami (China) Corp Ltd is engaged in the manufacturing and distribution of computer numerical control (CNC) high precision machine tools; and the provision of commercial consultation services. It manufactures and sells CNC machine tools including Precision lathes, Precision machining centres, Precision thread and form rolling machines and Precision grinding machines under the TSUGAMI brand. The company only has one reportable operating segment which is the manufacture and sale of high precision CNC machine tools. Its products are mainly for the Chinese market and are also sold to Japan, Europe, the US, Southeast Asia and other countries.

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