Daido Steel Co (TSE:5471) Days Sales Outstanding : 77.90 (As of Dec. 2023)

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What is Daido Steel Co Days Sales Outstanding?

Daido Steel Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円127,851 Mil. Daido Steel Co's Revenue for the three months ended in Dec. 2023 was 円149,769 Mil. Hence, Daido Steel Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 77.90.

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

TSE:5471' s Days Sales Outstanding Range Over the Past 10 Years
Min: 76.06 Med: 80.73 Max: 94.05
Current: 79.72

During the past 13 years, Daido Steel Co's highest Days Sales Outstanding was 94.05. The lowest was 76.06. And the median was 80.73.

TSE:5471's Days Sales Outstanding is ranked worse than
78.76% of 598 companies
in the Steel industry
Industry Median: 49.815 vs TSE:5471: 79.72

Daido Steel Co's Days Sales Outstanding declined from Dec. 2022 (78.43) to Dec. 2023 (77.90).

Daido Steel Co Days Sales Outstanding Historical Data

The historical data trend for Daido Steel 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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Daido Steel Co Days Sales Outstanding Chart

Daido Steel Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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82.19

94.05

81.30

79.96

80.11

Daido Steel Co 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															83.12	80.97	77.63	77.90	82.13

Competitive Comparison of Daido Steel Co's Days Sales Outstanding

For the Steel subindustry, Daido Steel 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.

Daido Steel Co's Days Sales Outstanding Distribution in the Steel Industry

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

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

Daido Steel 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.

Daido Steel Co's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (127982	+	127172)	/	2 )	/	581287	*	365
=	127577					/	581287	*	365
=	80.11

Daido Steel 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
=	( (125601	+	130101)	/	2 )	/	149769	*	365 / 4
=	127851					/	149769	*	365 / 4
=	77.90

Daido Steel Co (TSE:5471) Days Sales Outstanding Explanation

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

Daido Steel Co Days Sales Outstanding Related Terms

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Daido Steel Co (TSE:5471) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Daido Steel Co Ltd (TSE:5471) » Definitions » Days Sales Outstanding

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DDL:Germany

Address

1-10, Higashisakura 1-chome, Higashi-ku, Nagoya, Aichi, JPN, 461-8581

Website

http://www.daido.co.jp

Daido Steel Co Ltd is a Japan-based company that primarily operates through three segments. The special steel segment produces and distributes specialty steel for automotive parts, industrial machinery parts, electrical machinery parts, construction, and tool steel. The high-performance materials and magnetic materials segment produces and sells stainless steel, nickel-based alloys, electrical and electronic parts, magnetic material products, alloy powder, titanium products, and welding wire. The parts for automobile and industrial equipment segment is engaged in forging and casting for parts for automobiles, industrial machines, chemical equipment, and oil drilling rigs. The company generates majority of its revenue from the Japanese domestic market.

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