Hirose Electric Co (TSE:6806) Days Sales Outstanding : 88.99 (As of Dec. 2023)

View and export this data going back to 1972. Start your Free Trial

What is Hirose Electric Co Days Sales Outstanding?

Hirose Electric Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円41,208 Mil. Hirose Electric Co's Revenue for the three months ended in Dec. 2023 was 円42,252 Mil. Hence, Hirose Electric Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 88.99.

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

TSE:6806' s Days Sales Outstanding Range Over the Past 10 Years
Min: 78.35 Med: 88.19 Max: 93.2
Current: 93.2

During the past 13 years, Hirose Electric Co's highest Days Sales Outstanding was 93.20. The lowest was 78.35. And the median was 88.19.

TSE:6806's Days Sales Outstanding is ranked worse than
65.13% of 2458 companies
in the Hardware industry
Industry Median: 74.92 vs TSE:6806: 93.20

Hirose Electric Co's Days Sales Outstanding declined from Dec. 2022 (89.79) to Dec. 2023 (88.99).

Hirose Electric Co Days Sales Outstanding Historical Data

The historical data trend for Hirose Electric 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.

Hirose Electric Co Days Sales Outstanding Chart

Hirose Electric Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

89.41

89.90

91.65

89.26

85.02

Hirose Electric Co 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															89.79	97.74	94.47	91.36	88.99

Competitive Comparison of Hirose Electric Co's Days Sales Outstanding

For the Electronic Components subindustry, Hirose Electric 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.

Hirose Electric Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hirose Electric Co's Days Sales Outstanding distribution charts can be found below:

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

Hirose Electric 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.

Hirose Electric Co'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
=	( (43427	+	41931)	/	2 )	/	183224	*	365
=	42679					/	183224	*	365
=	85.02

Hirose Electric Co'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
=	( (43178	+	39237)	/	2 )	/	42252	*	365 / 4
=	41207.5					/	42252	*	365 / 4
=	88.99

Hirose Electric Co (TSE:6806) Days Sales Outstanding Explanation

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

Hirose Electric Co Days Sales Outstanding Related Terms

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

Hirose Electric Co (TSE:6806) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hirose Electric Co Ltd (TSE:6806) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

HROEY:USA

Address

5-23. Osaki 5-chome, shinagawa-ku, Tokyo, JPN, 141-8587

Website

https://www.hirose.com

Hirose Electric Co Ltd is a Japan-based company that manufactures and distributes electrical and electronic connectors for use in automotive, mobile communication, telecommunications, networking, and smart grid applications. Its product portfolio includes printed circuit boards, optical connectors, fiber optic cables, sealed connectors, microwave components, switches and sensors, modular jacks and plugs, integrated circuit cards and sockets, and coaxial cables. The firm generates revenue in Europe, Asia, and North America.

Hirose Electric Co (TSE:6806) Headlines

No Headlines