Mitsui High-tec (TSE:6966) Days Sales Outstanding : 52.42 (As of Jan. 2024)

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What is Mitsui High-tec Days Sales Outstanding?

Mitsui High-tec's average Accounts Receivable for the three months ended in Jan. 2024 was 円29,759 Mil. Mitsui High-tec's Revenue for the three months ended in Jan. 2024 was 円51,803 Mil. Hence, Mitsui High-tec's Days Sales Outstanding for the three months ended in Jan. 2024 was 52.42.

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

TSE:6966' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.24 Med: 52.74 Max: 62.29
Current: 53.85

During the past 13 years, Mitsui High-tec's highest Days Sales Outstanding was 62.29. The lowest was 48.24. And the median was 52.74.

TSE:6966's Days Sales Outstanding is ranked better than
60.84% of 978 companies
in the Semiconductors industry
Industry Median: 62.36 vs TSE:6966: 53.85

Mitsui High-tec's Days Sales Outstanding declined from Jan. 2023 (64.83) to Jan. 2024 (52.42).

Mitsui High-tec Days Sales Outstanding Historical Data

The historical data trend for Mitsui High-tec'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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Mitsui High-tec Days Sales Outstanding Chart

Mitsui High-tec Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Days Sales Outstanding

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48.24

50.56

49.06

52.45

53.03

Mitsui High-tec Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Sales Outstanding	Get a 7-Day Free Trial															64.83	55.38	54.26	54.33	52.42

Competitive Comparison of Mitsui High-tec's Days Sales Outstanding

For the Semiconductors subindustry, Mitsui High-tec'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.

Mitsui High-tec's Days Sales Outstanding Distribution in the Semiconductors Industry

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

* The bar in red indicates where Mitsui High-tec's Days Sales Outstanding falls into.

Mitsui High-tec 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.

Mitsui High-tec's Days Sales Outstanding for the fiscal year that ended in Jan. 2024 is calculated as

	Days Sales Outstanding (A: Jan. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jan. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )	*	Days in Period
=	( (27466	+	29452)	/	2 )	/	195881	*	365
=	28459					/	195881	*	365
=	53.03

Mitsui High-tec's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding (Q: Jan. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )	*	Days in Period
=	( (30066	+	29452)	/	2 )	/	51803	*	365 / 4
=	29759					/	51803	*	365 / 4
=	52.42

Mitsui High-tec (TSE:6966) Days Sales Outstanding Explanation

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

Mitsui High-tec Days Sales Outstanding Related Terms

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Mitsui High-tec (TSE:6966) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Mitsui High-tec Inc (TSE:6966) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

6966:Japan

Address

2-10-1,Komine, Yahatanishi-ku, Kitakyushu, JPN, 807-8588

Website

http://www.mitsui-high-tec.com

Mitsui High-tec Inc manufactures and sells lead frame, motor core, precision tooling and machine tools in Japan. Its precision tooling/precision parts products include motor core dies, lead frame dies, mold dies, trim and form dies, and other type of stamping tools used in motor cores and IC lead frames, electric motor cores, automobile components, coins, and resin injection molding. It also provides open lead frames for semiconductor packages; and motor parts.

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