Aichi Electric (NGO:6623) Days Sales Outstanding : 86.16 (As of Dec. 2023)

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What is Aichi Electric Days Sales Outstanding?

Aichi Electric's average Accounts Receivable for the three months ended in Dec. 2023 was 円27,311 Mil. Aichi Electric's Revenue for the three months ended in Dec. 2023 was 円28,925 Mil. Hence, Aichi Electric's Days Sales Outstanding for the three months ended in Dec. 2023 was 86.16.

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

NGO:6623' s Days Sales Outstanding Range Over the Past 10 Years
Min: 91.72 Med: 97.73 Max: 101.67
Current: 94.45

During the past 13 years, Aichi Electric's highest Days Sales Outstanding was 101.67. The lowest was 91.72. And the median was 97.73.

NGO:6623's Days Sales Outstanding is ranked worse than
61.66% of 2960 companies
in the Industrial Products industry
Industry Median: 79.615 vs NGO:6623: 94.45

Aichi Electric's Days Sales Outstanding declined from Dec. 2022 (87.23) to Dec. 2023 (86.16).

Aichi Electric Days Sales Outstanding Historical Data

The historical data trend for Aichi Electric'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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Aichi Electric Days Sales Outstanding Chart

Aichi Electric Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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95.61

97.73

101.67

95.35

91.72

Aichi Electric 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															87.23	97.30	100.19	94.12	86.16

Competitive Comparison of Aichi Electric's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Aichi Electric'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.

Aichi Electric's Days Sales Outstanding Distribution in the Industrial Products Industry

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

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

Aichi Electric 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.

Aichi Electric'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
=	( (27341	+	30097)	/	2 )	/	114286	*	365
=	28719					/	114286	*	365
=	91.72

Aichi Electric'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
=	( (27305	+	27317)	/	2 )	/	28925	*	365 / 4
=	27311					/	28925	*	365 / 4
=	86.16

Aichi Electric (NGO:6623) Days Sales Outstanding Explanation

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

Aichi Electric Days Sales Outstanding Related Terms

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Aichi Electric (NGO:6623) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aichi Electric (NGO:6623) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1,Aichi-cho, Kasugai, JPN

Website

http://www.aichidenki.jp

Aichi Electric Co., Ltd is engaged in providing electric power products in Japan. The company's products offerings are A transformer, Motor, Applied equipment, Plant equipment, Power conversion equipment, and others.

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