Socionext (TSE:6526) Days Sales Outstanding : 61.44 (As of Mar. 2024)

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What is Socionext Days Sales Outstanding?

Socionext's average Accounts Receivable for the three months ended in Mar. 2024 was 円34,750 Mil. Socionext's Revenue for the three months ended in Mar. 2024 was 円51,608 Mil. Hence, Socionext's Days Sales Outstanding for the three months ended in Mar. 2024 was 61.44.

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

TSE:6526' s Days Sales Outstanding Range Over the Past 10 Years
Min: 62.35 Med: 73.18 Max: 104.52
Current: 64.19

During the past 4 years, Socionext's highest Days Sales Outstanding was 104.52. The lowest was 62.35. And the median was 73.18.

TSE:6526's Days Sales Outstanding is ranked better than
66.59% of 2945 companies
in the Industrial Products industry
Industry Median: 79.82 vs TSE:6526: 64.19

Socionext's Days Sales Outstanding declined from Mar. 2023 (68.63) to Mar. 2024 (61.44).

Socionext Days Sales Outstanding Historical Data

The historical data trend for Socionext'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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Socionext Days Sales Outstanding Chart

Socionext Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

104.52

83.62

62.35

62.74

Socionext Quarterly Data
	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial					68.63	65.39	69.19	61.71	61.44

Competitive Comparison of Socionext's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Socionext'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.

Socionext's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Socionext's Days Sales Outstanding distribution charts can be found below:

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

Socionext 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.

Socionext'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
=	( (40809	+	35257)	/	2 )	/	221246	*	365
=	38033					/	221246	*	365
=	62.74

Socionext'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
=	( (34243	+	35257)	/	2 )	/	51608	*	365 / 4
=	34750					/	51608	*	365 / 4
=	61.44

Socionext (TSE:6526) Days Sales Outstanding Explanation

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

Socionext Days Sales Outstanding Related Terms

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Socionext (TSE:6526) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Socionext Inc (TSE:6526) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-10-23 Shin-Yokohama, Kanagawa Prefecture (Nomura Real Estate Shin-Yokohama Building), Kohoku-ku, Yokohama, JPN, 222-0033

Website

https://www.socionext.com

Socionext Inc is engaged in the design, development and sales of system on chip as a fabless supplier.

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