GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » NOK Corp (TSE:7240) » Definitions » Days Sales Outstanding

NOK (TSE:7240) Days Sales Outstanding : 70.39 (As of Dec. 2023)


View and export this data going back to 1961. Start your Free Trial

What is NOK Days Sales Outstanding?

NOK's average Accounts Receivable for the three months ended in Dec. 2023 was 円164,555 Mil. NOK's Revenue for the three months ended in Dec. 2023 was 円213,308 Mil. Hence, NOK's Days Sales Outstanding for the three months ended in Dec. 2023 was 70.39.

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

TSE:7240' s Days Sales Outstanding Range Over the Past 10 Years
Min: 71.52   Med: 75.93   Max: 99.5
Current: 75.63

During the past 13 years, NOK's highest Days Sales Outstanding was 99.50. The lowest was 71.52. And the median was 75.93.

TSE:7240's Days Sales Outstanding is ranked worse than
68.5% of 1270 companies
in the Vehicles & Parts industry
Industry Median: 60.37 vs TSE:7240: 75.63

NOK's Days Sales Outstanding declined from Dec. 2022 (76.31) to Dec. 2023 (70.39).


NOK Days Sales Outstanding Historical Data

The historical data trend for NOK'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.

NOK Days Sales Outstanding Chart

NOK Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.02 73.26 78.54 76.34 75.11

NOK 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 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 76.31 78.16 79.35 73.80 70.39

Competitive Comparison of NOK's Days Sales Outstanding

For the Auto Parts subindustry, NOK'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.


NOK's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NOK's Days Sales Outstanding distribution charts can be found below:

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



NOK 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.

NOK'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
=( (151015 + 141172) / 2 ) / 709956*365
=146093.5 / 709956*365
=75.11

NOK'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
=( (163799 + 165310) / 2 ) / 213308*365 / 4
=164554.5 / 213308*365 / 4
=70.39

* 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.


NOK  (TSE:7240) Days Sales Outstanding Explanation

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


NOK Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of NOK's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


NOK (TSE:7240) Business Description

Traded in Other Exchanges
N/A
Address
3-13-12 Mita, Mita MT Building, Minato-ku, Tokyo, JPN, 108-0073
NOK Corp is a Japan-based company engaged in manufactures oil seals and industrial rubber products for automobiles. It manufactures seal products, industrial mechanical parts, hydraulic and pneumatic equipment, nuclear power equipment, synthetic chemicals, amongst others. The company's business segments include, Seal business, Electronic Device Product business, Roll business and Other businesses.

NOK (TSE:7240) Headlines

No Headlines