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Towa (TSE:6315) Days Sales Outstanding : 86.10 (As of Dec. 2023)


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What is Towa Days Sales Outstanding?

Towa's average Accounts Receivable for the three months ended in Dec. 2023 was 円10,160 Mil. Towa's Revenue for the three months ended in Dec. 2023 was 円10,768 Mil. Hence, Towa's Days Sales Outstanding for the three months ended in Dec. 2023 was 86.10.

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

TSE:6315' s Days Sales Outstanding Range Over the Past 10 Years
Min: 73.61   Med: 99.53   Max: 118.56
Current: 83.78

During the past 13 years, Towa's highest Days Sales Outstanding was 118.56. The lowest was 73.61. And the median was 99.53.

TSE:6315's Days Sales Outstanding is ranked worse than
70.89% of 979 companies
in the Semiconductors industry
Industry Median: 63.11 vs TSE:6315: 83.78

Towa's Days Sales Outstanding declined from Dec. 2022 (92.87) to Dec. 2023 (86.10).


Towa Days Sales Outstanding Historical Data

The historical data trend for Towa'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 Days Sales Outstanding Chart

Towa Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 112.11 118.56 97.97 73.61 79.04

Towa 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 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 92.87 75.98 101.42 80.45 86.10

Competitive Comparison of Towa's Days Sales Outstanding

For the Semiconductor Equipment & Materials subindustry, Towa'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's Days Sales Outstanding Distribution in the Semiconductors Industry

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

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



Towa 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'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
=( (11543.853 + 11766.773) / 2 ) / 53822.668*365
=11655.313 / 53822.668*365
=79.04

Towa'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
=( (11350.697 + 8969.159) / 2 ) / 10767.942*365 / 4
=10159.928 / 10767.942*365 / 4
=86.10

* 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.


Towa  (TSE:6315) 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 Days Sales Outstanding Related Terms

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Towa (TSE:6315) Business Description

Traded in Other Exchanges
Address
5 Kamichoshi-cho, Kamitoba, Minami-ku, Kyoto, JPN, 601-8105
Towa Corp develops, manufactures and sells resin encapsulation systems for semiconductors and singulation systems. In addition, it also manufactures and sells precision molds for manufacturing semiconductors and plastic molded products. Its product portfolio is divided into two technologies molding including light-emitting diode, semiconductor, and sensors/module products and Singulation including semiconductor, and light-emitting diode-other applications. The company's segments include semiconductor equipment and fine plastic mold. The majority of the company revenue is derived from the sale of semiconductor equipment.

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