Nisshinbo Holdings (TSE:3105) Days Sales Outstanding : 85.04 (As of Mar. 2024)

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What is Nisshinbo Holdings Days Sales Outstanding?

Nisshinbo Holdings's average Accounts Receivable for the three months ended in Mar. 2024 was 円121,858 Mil. Nisshinbo Holdings's Revenue for the three months ended in Mar. 2024 was 円130,754 Mil. Hence, Nisshinbo Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 85.04.

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

TSE:3105' s Days Sales Outstanding Range Over the Past 10 Years
Min: 73.37 Med: 91.68 Max: 99.99
Current: 78.37

During the past 13 years, Nisshinbo Holdings's highest Days Sales Outstanding was 99.99. The lowest was 73.37. And the median was 91.68.

TSE:3105's Days Sales Outstanding is ranked worse than
65.52% of 496 companies
in the Conglomerates industry
Industry Median: 61.035 vs TSE:3105: 78.37

Nisshinbo Holdings's Days Sales Outstanding increased from Mar. 2023 (70.08) to Mar. 2024 (85.04).

Nisshinbo Holdings Days Sales Outstanding Historical Data

The historical data trend for Nisshinbo Holdings'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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Nisshinbo Holdings Days Sales Outstanding Chart

Nisshinbo Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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88.79

84.67

74.11

74.22

73.37

Nisshinbo Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															70.08	79.58	72.66	69.79	85.04

Competitive Comparison of Nisshinbo Holdings's Days Sales Outstanding

For the Conglomerates subindustry, Nisshinbo Holdings'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.

Nisshinbo Holdings's Days Sales Outstanding Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nisshinbo Holdings's Days Sales Outstanding distribution charts can be found below:

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

Nisshinbo Holdings 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.

Nisshinbo Holdings's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (102978	+	114613)	/	2 )	/	541211	*	365
=	108795.5					/	541211	*	365
=	73.37

Nisshinbo Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (114613	+	129102)	/	2 )	/	130754	*	365 / 4
=	121857.5					/	130754	*	365 / 4
=	85.04

Nisshinbo Holdings (TSE:3105) Days Sales Outstanding Explanation

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

Nisshinbo Holdings Days Sales Outstanding Related Terms

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Nisshinbo Holdings (TSE:3105) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Nisshinbo Holdings Inc (TSE:3105) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

NSHBY:USA

Address

2-31-11, Ningyo-cho, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-8650

Website

http://www.nisshinbo.co.jp

Nisshinbo Holdings Inc is a Japan-based company that is primarily engaged in electronics, automobile brake, textile, paper, and precision instrument businesses. The company's electronics business provides shipping navigation technology, network equipment, microwave-related products, semiconductor devices, and others. The automobile brake business manufactures friction materials and assembly products. The textile business primarily manufactures non-iron shirts, non-woven fabrics, and spandex. The paper business mainly manufactures household paper, specialty paper, and processed paper products. The precision instrument business produces plastic molding parts, precision parts and others.

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