Hokuriku Gas Co (TSE:9537) Days Sales Outstanding : 28.76 (As of Dec. 2023)

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What is Hokuriku Gas Co Days Sales Outstanding?

Hokuriku Gas Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円4,519 Mil. Hokuriku Gas Co's Revenue for the three months ended in Dec. 2023 was 円14,334 Mil. Hence, Hokuriku Gas Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 28.76.

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

TSE:9537' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.11 Med: 31.95 Max: 35.85
Current: 28.11

During the past 13 years, Hokuriku Gas Co's highest Days Sales Outstanding was 35.85. The lowest was 28.11. And the median was 31.95.

TSE:9537's Days Sales Outstanding is ranked better than
84.92% of 504 companies
in the Utilities - Regulated industry
Industry Median: 53.495 vs TSE:9537: 28.11

Hokuriku Gas Co's Days Sales Outstanding increased from Dec. 2022 (26.93) to Dec. 2023 (28.76).

Hokuriku Gas Co Days Sales Outstanding Historical Data

The historical data trend for Hokuriku Gas 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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Hokuriku Gas Co Days Sales Outstanding Chart

Hokuriku Gas Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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33.03

31.58

30.30

31.95

29.75

Hokuriku Gas 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															26.93	23.31	30.78	27.06	28.76

Competitive Comparison of Hokuriku Gas Co's Days Sales Outstanding

For the Utilities - Regulated Gas subindustry, Hokuriku Gas 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.

Hokuriku Gas Co's Days Sales Outstanding Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hokuriku Gas Co's Days Sales Outstanding distribution charts can be found below:

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

Hokuriku Gas 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.

Hokuriku Gas 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
=	( (5076.323	+	6274.136)	/	2 )	/	69634.501	*	365
=	5675.2295					/	69634.501	*	365
=	29.75

Hokuriku Gas 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
=	( (3653.244	+	5384.073)	/	2 )	/	14334.485	*	365 / 4
=	4518.6585					/	14334.485	*	365 / 4
=	28.76

Hokuriku Gas Co (TSE:9537) Days Sales Outstanding Explanation

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

Hokuriku Gas Co Days Sales Outstanding Related Terms

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Hokuriku Gas Co (TSE:9537) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Hokuriku Gas Co Ltd (TSE:9537) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-2-23 Higashiodori, Chuo-ku, Niigata Prefecture, Niigata City, JPN, 950-8748

Website

http://www.hokurikugas.co.jp

Hokuriku Gas Co Ltd engages in the manufacture, supply, and sale of city gas, and gas-related equipment. It is involved in the manufacture, supply and sale of city gas, the operation of gas works, as well as the sale of gas equipment. The firm also engages in the sale of liquefied petroleum gas (LPG) and LPG equipment, the operation of LPG piping works, gas works and civil engineering works, the design, installation, maintenance, security and inspection of gas equipment, the sale, installation and meter reading of housing facilities and equipment, the leasing and management of buildings, the leasing of business equipment and vehicles, It also undertakes gas construction contracts; and sells gas appliances.

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