Towa Hi System Co (TSE:4172) Days Sales Outstanding : 44.65 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Towa Hi System Co Days Sales Outstanding?

Towa Hi System Co's average Accounts Receivable for the three months ended in Mar. 2024 was 円308 Mil. Towa Hi System Co's Revenue for the three months ended in Mar. 2024 was 円630 Mil. Hence, Towa Hi System Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 44.65.

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

TSE:4172' s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.27 Med: 34.4 Max: 57.15
Current: 57.15

During the past 6 years, Towa Hi System Co's highest Days Sales Outstanding was 57.15. The lowest was 22.27. And the median was 34.40.

TSE:4172's Days Sales Outstanding is ranked worse than
61.65% of 644 companies
in the Healthcare Providers & Services industry
Industry Median: 46.435 vs TSE:4172: 57.15

Towa Hi System Co's Days Sales Outstanding declined from Mar. 2023 (49.70) to Mar. 2024 (44.65).

Towa Hi System Co Days Sales Outstanding Historical Data

The historical data trend for Towa Hi System 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.

* Premium members only.

Towa Hi System Co Days Sales Outstanding Chart

Towa Hi System Co Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Sales Outstanding

Get a 7-Day Free Trial

38.04

22.27

27.40

35.38

33.41

Towa Hi System Co Quarterly Data
	Sep18	Sep19	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													49.70	83.76	45.80	40.22	44.65

Competitive Comparison of Towa Hi System Co's Days Sales Outstanding

For the Health Information Services subindustry, Towa Hi System 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.

Towa Hi System Co's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Towa Hi System Co's Days Sales Outstanding distribution charts can be found below:

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

Towa Hi System 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.

Towa Hi System Co's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

	Days Sales Outstanding (A: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (143.627	+	230.132)	/	2 )	/	2041.688	*	365
=	186.8795					/	2041.688	*	365
=	33.41

Towa Hi System Co'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
=	( (184.687	+	431.726)	/	2 )	/	629.876	*	365 / 4
=	308.2065					/	629.876	*	365 / 4
=	44.65

Towa Hi System Co (TSE:4172) Days Sales Outstanding Explanation

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

Towa Hi System Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Towa Hi System Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Towa Hi System Co (TSE:4172) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Towa Hi System Co Ltd (TSE:4172) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-12-33 Noda, Kita-ku, Okayama, JPN, 700-0971

Website

https://www.towa-hi-sys.co.jp

Towa Hi System Co Ltd is involved in the research and development, sales and support of integrated electronic medical record system for dental clinics.

Towa Hi System Co (TSE:4172) Headlines

No Headlines