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Keyence (TSE:6861) Days Sales Outstanding : 107.81 (As of Dec. 2023)


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What is Keyence Days Sales Outstanding?

Keyence's average Accounts Receivable for the three months ended in Dec. 2023 was 円284,858 Mil. Keyence's Revenue for the three months ended in Dec. 2023 was 円241,109 Mil. Hence, Keyence's Days Sales Outstanding for the three months ended in Dec. 2023 was 107.81.

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

TSE:6861' s Days Sales Outstanding Range Over the Past 10 Years
Min: 89.77   Med: 107.96   Max: 118.55
Current: 109.63

During the past 13 years, Keyence's highest Days Sales Outstanding was 118.55. The lowest was 89.77. And the median was 107.96.

TSE:6861's Days Sales Outstanding is ranked worse than
76.17% of 2459 companies
in the Hardware industry
Industry Median: 74.88 vs TSE:6861: 109.63

Keyence's Days Sales Outstanding declined from Dec. 2022 (108.35) to Dec. 2023 (107.81).


Keyence Days Sales Outstanding Historical Data

The historical data trend for Keyence'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.

* Premium members only.

Keyence Days Sales Outstanding Chart

Keyence Annual Data
Trend Mar12 Mar14 Mar15 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 109.78 118.55 105.09 107.96 114.21

Keyence 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 109.72 118.10 105.21 107.81 103.95

Competitive Comparison of Keyence's Days Sales Outstanding

For the Scientific & Technical Instruments subindustry, Keyence'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.


Keyence's Days Sales Outstanding Distribution in the Hardware Industry

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

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



Keyence 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.

Keyence'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
=( (297785 + 307526) / 2 ) / 967288*365
=302655.5 / 967288*365
=114.21

Keyence'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
=( (284616 + 285099) / 2 ) / 241109*365 / 4
=284857.5 / 241109*365 / 4
=107.81

* 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.


Keyence  (TSE:6861) Days Sales Outstanding Explanation

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


Keyence Days Sales Outstanding Related Terms

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Keyence (TSE:6861) Business Description

Industry
Traded in Other Exchanges
Address
1-3-14, Higashi-nakajima, Higashi-Yodogawa, Osaka, JPN, 533-8555
Keyence develops and sells factory automation sensors, machine vision systems, barcode readers, programmable logic controllers, laser markers, measuring instruments, and digital microscopes. The company has a fabless business model where manufacturing of its products is outsourced to qualified contract manufacturing companies, while it focuses on product planning and development. It serves customers in automotive, metals/machining, semiconductor/electronics, food, pharmaceutical, and other industries. Keyence was founded in 1972 and is headquartered in Osaka, Japan.

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