Daikoku Denki Co (TSE:6430) Days Sales Outstanding : 43.80 (As of Dec. 2023)

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What is Daikoku Denki Co Days Sales Outstanding?

Daikoku Denki Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円7,047 Mil. Daikoku Denki Co's Revenue for the three months ended in Dec. 2023 was 円14,680 Mil. Hence, Daikoku Denki Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 43.80.

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

TSE:6430' s Days Sales Outstanding Range Over the Past 10 Years
Min: 44.12 Med: 51.87 Max: 58.87
Current: 44.99

During the past 13 years, Daikoku Denki Co's highest Days Sales Outstanding was 58.87. The lowest was 44.12. And the median was 51.87.

TSE:6430's Days Sales Outstanding is ranked better than
82.47% of 2459 companies
in the Hardware industry
Industry Median: 74.61 vs TSE:6430: 44.99

Daikoku Denki Co's Days Sales Outstanding increased from Dec. 2022 (41.98) to Dec. 2023 (43.80).

Daikoku Denki Co Days Sales Outstanding Historical Data

The historical data trend for Daikoku Denki 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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Daikoku Denki Co Days Sales Outstanding Chart

Daikoku Denki Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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58.87

51.87

56.49

46.00

44.12

Daikoku Denki Co 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															41.98	69.75	28.25	34.66	43.80

Competitive Comparison of Daikoku Denki Co's Days Sales Outstanding

For the Computer Hardware subindustry, Daikoku Denki 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.

Daikoku Denki Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Daikoku Denki Co's Days Sales Outstanding distribution charts can be found below:

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

Daikoku Denki 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.

Daikoku Denki Co'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
=	( (2948.718	+	4745.62)	/	2 )	/	31824.323	*	365
=	3847.169					/	31824.323	*	365
=	44.12

Daikoku Denki 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
=	( (4888.816	+	9204.351)	/	2 )	/	14680.46	*	365 / 4
=	7046.5835					/	14680.46	*	365 / 4
=	43.80

Daikoku Denki Co (TSE:6430) Days Sales Outstanding Explanation

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

Daikoku Denki Co Days Sales Outstanding Related Terms

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Daikoku Denki Co (TSE:6430) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Daikoku Denki Co Ltd (TSE:6430) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 43, No. 5-chome, Nagoya Nagono, JPN

Website

http://www.daikoku.co.jp

Daikoku Denki Co Ltd engages in the development, manufacture, and sale of computer systems for pachinko halls and pachislo game machines. Its operations include Information Systems unit which deals with the development, manufacture, and sale of computer systems, customer premium management systems, and information disclosure systems for pachinko halls. It also offers control systems which involve in the development, manufacture, and sale of display units and control units of pachinko game machines.

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