Noritsu Koki Co (TSE:7744) Days Sales Outstanding : 47.47 (As of Mar. 2024)

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What is Noritsu Koki Co Days Sales Outstanding?

Noritsu Koki Co's average Accounts Receivable for the three months ended in Mar. 2024 was 円14,203 Mil. Noritsu Koki Co's Revenue for the three months ended in Mar. 2024 was 円27,304 Mil. Hence, Noritsu Koki Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 47.47.

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

TSE:7744' s Days Sales Outstanding Range Over the Past 10 Years
Min: 45.17 Med: 85.56 Max: 199.87
Current: 56.88

During the past 13 years, Noritsu Koki Co's highest Days Sales Outstanding was 199.87. The lowest was 45.17. And the median was 85.56.

TSE:7744's Days Sales Outstanding is ranked better than
70.48% of 2459 companies
in the Hardware industry
Industry Median: 74.52 vs TSE:7744: 56.88

Noritsu Koki Co's Days Sales Outstanding declined from Mar. 2023 (71.26) to Mar. 2024 (47.47).

Noritsu Koki Co Days Sales Outstanding Historical Data

The historical data trend for Noritsu Koki 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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Noritsu Koki Co Days Sales Outstanding Chart

Noritsu Koki Co Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Days Sales Outstanding

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81.02

79.46

199.87

121.95

91.10

Noritsu Koki 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															71.26	49.75	55.31	53.58	47.47

Competitive Comparison of Noritsu Koki Co's Days Sales Outstanding

For the Consumer Electronics subindustry, Noritsu Koki 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.

Noritsu Koki Co's Days Sales Outstanding Distribution in the Hardware Industry

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

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

Noritsu Koki 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.

Noritsu Koki Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (21865	+	14834)	/	2 )	/	73515	*	365
=	18349.5					/	73515	*	365
=	91.10

Noritsu Koki Co'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
=	( (14683	+	13723)	/	2 )	/	27304	*	365 / 4
=	14203					/	27304	*	365 / 4
=	47.47

Noritsu Koki Co (TSE:7744) Days Sales Outstanding Explanation

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

Noritsu Koki Co Days Sales Outstanding Related Terms

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Noritsu Koki Co (TSE:7744) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Noritsu Koki Co Ltd (TSE:7744) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Azabu Juban 1-10-10 Joule A, 5th Floor, Minato-ku, Tokyo, JPN, 106-0045

Website

http://www.noritsu.co.jp

Noritsu Koki Co Ltd is a Japan-based company, engaged in the healthcare, drug discovery, senior life, agribusiness food, manufacturing, and other operations. In the manufacturing business, the company manufactures marking pen tip made of felt and synthetic fiber as the main product. In the healthcare business, it offers a range of medical services. In the drug discovery business, the company conducts research and development on biopharmaceuticals and regenerative medicine. The other operations of the company involves the business development and investment research, digital area business and insurance business.

Noritsu Koki Co (TSE:7744) Headlines

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