RION Co (TSE:6823) Days Sales Outstanding : 63.10 (As of Dec. 2023)

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What is RION Co Days Sales Outstanding?

RION Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円4,431 Mil. RION Co's Revenue for the three months ended in Dec. 2023 was 円6,407 Mil. Hence, RION Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 63.10.

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

TSE:6823' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.19 Med: 83.53 Max: 108.62
Current: 68.7

During the past 13 years, RION Co's highest Days Sales Outstanding was 108.62. The lowest was 1.19. And the median was 83.53.

TSE:6823's Days Sales Outstanding is ranked worse than
54.38% of 811 companies
in the Medical Devices & Instruments industry
Industry Median: 65.11 vs TSE:6823: 68.70

RION Co's Days Sales Outstanding increased from Dec. 2022 (62.79) to Dec. 2023 (63.10).

RION Co Days Sales Outstanding Historical Data

The historical data trend for RION 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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RION Co Days Sales Outstanding Chart

RION Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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106.36

101.11

85.30

81.75

75.86

RION 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															64.59	74.97	67.25	63.10	63.31

Competitive Comparison of RION Co's Days Sales Outstanding

For the Medical Devices subindustry, RION 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.

RION Co's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, RION Co's Days Sales Outstanding distribution charts can be found below:

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

RION 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.

RION Co'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
=	( (5222.613	+	5471.688)	/	2 )	/	25726.997	*	365
=	5347.1505					/	25726.997	*	365
=	75.86

RION 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
=	( (4316.966	+	4544.229)	/	2 )	/	6406.893	*	365 / 4
=	4430.5975					/	6406.893	*	365 / 4
=	63.10

RION Co (TSE:6823) Days Sales Outstanding Explanation

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

RION Co Days Sales Outstanding Related Terms

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RION Co (TSE:6823) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » RION Co Ltd (TSE:6823) » Definitions » Days Sales Outstanding

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RIOXF:USA

Address

3-20-41 Higashimotomachi, Kokubunji, Tokyo, JPN, 185-8533

Website

http://www.rion.co.jp

RION Co Ltd is engaged in manufacturing and selling of maintenance services of a medical device. The company offers hearing instruments and medical equipment, an environmental device including sound and vibration measuring instruments and particle counters and parts and equipment.

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