Advantest (TSE:6857) Days Sales Outstanding : 56.03 (As of Dec. 2023)

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What is Advantest Days Sales Outstanding?

Advantest's average Accounts Receivable for the three months ended in Dec. 2023 was 円81,816 Mil. Advantest's Revenue for the three months ended in Dec. 2023 was 円133,233 Mil. Hence, Advantest's Days Sales Outstanding for the three months ended in Dec. 2023 was 56.03.

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

TSE:6857' s Days Sales Outstanding Range Over the Past 10 Years
Min: 53.76 Med: 61.14 Max: 79.49
Current: 60.62

During the past 13 years, Advantest's highest Days Sales Outstanding was 79.49. The lowest was 53.76. And the median was 61.14.

TSE:6857's Days Sales Outstanding is ranked better than
52.56% of 978 companies
in the Semiconductors industry
Industry Median: 62.435 vs TSE:6857: 60.62

Advantest's Days Sales Outstanding increased from Dec. 2022 (55.45) to Dec. 2023 (56.03).

Advantest Days Sales Outstanding Historical Data

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

Advantest Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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57.97

64.97

60.36

60.93

60.04

Advantest 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															55.45	56.95	75.78	56.75	56.03

Competitive Comparison of Advantest's Days Sales Outstanding

For the Semiconductor Equipment & Materials subindustry, Advantest'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.

Advantest's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Advantest's Days Sales Outstanding distribution charts can be found below:

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

Advantest 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.

Advantest'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
=	( (82155	+	102152)	/	2 )	/	560191	*	365
=	92153.5					/	560191	*	365
=	60.04

Advantest'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
=	( (78592	+	85039)	/	2 )	/	133233	*	365 / 4
=	81815.5					/	133233	*	365 / 4
=	56.03

Advantest (TSE:6857) Days Sales Outstanding Explanation

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

Advantest Days Sales Outstanding Related Terms

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Advantest (TSE:6857) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Advantest Corp (TSE:6857) » Definitions » Days Sales Outstanding

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ATEYY:USA ADTTF:USA VAN:Germany

Address

1-6-2, Marunouchi, Shin-Marunouchi Center Building, Chiyoda-ku, Tokyo, JPN, 100-0005

Website

http://www.advantest.co.jp

Advantest Corp is a Japan-based company that manufactures and distributes semiconductor test systems and mechatronic products for applications in testing and measurement, healthcare, nanotechnology and other end markets. The firm's product portfolio includes integrated circuit test systems, e-beam lithography, scanning electron microscopy metrology, solid state drive test systems, terahertz spectroscopy, and other electronic measuring instruments. The firm has operations in Japan, the United States, Europe, Singapore, China, Taiwan, and Korea.

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