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Rinnai (TSE:5947) Days Sales Outstanding : 69.90 (As of Dec. 2023)


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What is Rinnai Days Sales Outstanding?

Rinnai's average Accounts Receivable for the three months ended in Dec. 2023 was 円89,980 Mil. Rinnai's Revenue for the three months ended in Dec. 2023 was 円117,468 Mil. Hence, Rinnai's Days Sales Outstanding for the three months ended in Dec. 2023 was 69.90.

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

TSE:5947' s Days Sales Outstanding Range Over the Past 10 Years
Min: 66.3   Med: 72.01   Max: 81.65
Current: 72.73

During the past 13 years, Rinnai's highest Days Sales Outstanding was 81.65. The lowest was 66.30. And the median was 72.01.

TSE:5947's Days Sales Outstanding is ranked worse than
72.99% of 422 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 53.205 vs TSE:5947: 72.73

Rinnai's Days Sales Outstanding increased from Dec. 2022 (64.51) to Dec. 2023 (69.90).


Rinnai Days Sales Outstanding Historical Data

The historical data trend for Rinnai'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.

Rinnai Days Sales Outstanding Chart

Rinnai Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.61 75.66 75.05 66.30 72.37

Rinnai 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 68.23 77.41 70.45 69.90 70.86

Competitive Comparison of Rinnai's Days Sales Outstanding

For the Furnishings, Fixtures & Appliances subindustry, Rinnai'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.


Rinnai's Days Sales Outstanding Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Rinnai's Days Sales Outstanding distribution charts can be found below:

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



Rinnai 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.

Rinnai'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
=( (78886 + 91694) / 2 ) / 430186*365
=85290 / 430186*365
=72.37

Rinnai'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
=( (85232 + 94727) / 2 ) / 117468*365 / 4
=89979.5 / 117468*365 / 4
=69.90

* 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.


Rinnai  (TSE:5947) Days Sales Outstanding Explanation

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


Rinnai Days Sales Outstanding Related Terms

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Rinnai (TSE:5947) Business Description

Traded in Other Exchanges
Address
2-26, Fukuzumi-cho, Nakagawa-ku, Nagoya, JPN, 454-0802
Rinnai Corporation is a Japanese company that manufactures and sells gas water heating, gas home heating, and commercial water heating appliances and their components. The company has operations across the globe, including Australia, Brazil, Europe, the United States, and Southeast Asia. Rinnai supplies kitchen appliances; bath appliances; living appliances, such as gas and floor heating systems; and professional products, such as gas fryers and ranges. These products are sold and distributed to various customers, including utility companies, housing equipment manufacturers, general stores, house makers, and Rinnai's global subsidiaries.

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