Nippon Ceramic Co (TSE:6929) Days Sales Outstanding : 64.92 (As of Mar. 2024)

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What is Nippon Ceramic Co Days Sales Outstanding?

Nippon Ceramic Co's average Accounts Receivable for the three months ended in Mar. 2024 was 円4,040 Mil. Nippon Ceramic Co's Revenue for the three months ended in Mar. 2024 was 円5,678 Mil. Hence, Nippon Ceramic Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 64.92.

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

TSE:6929' s Days Sales Outstanding Range Over the Past 10 Years
Min: 58.4 Med: 69.1 Max: 82.66
Current: 63.1

During the past 13 years, Nippon Ceramic Co's highest Days Sales Outstanding was 82.66. The lowest was 58.40. And the median was 69.10.

TSE:6929's Days Sales Outstanding is ranked better than
61.08% of 2459 companies
in the Hardware industry
Industry Median: 74.52 vs TSE:6929: 63.10

Nippon Ceramic Co's Days Sales Outstanding declined from Mar. 2023 (70.66) to Mar. 2024 (64.92).

Nippon Ceramic Co Days Sales Outstanding Historical Data

The historical data trend for Nippon Ceramic 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.

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Nippon Ceramic Co Days Sales Outstanding Chart

Nippon Ceramic Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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63.38

71.50

58.40

65.32

65.55

Nippon Ceramic Co 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															70.66	65.45	60.09	63.29	64.92

Competitive Comparison of Nippon Ceramic Co's Days Sales Outstanding

For the Electronic Components subindustry, Nippon Ceramic 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.

Nippon Ceramic Co's Days Sales Outstanding Distribution in the Hardware Industry

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

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

Nippon Ceramic 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.

Nippon Ceramic Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (4691	+	4091)	/	2 )	/	24449	*	365
=	4391					/	24449	*	365
=	65.55

Nippon Ceramic 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
=	( (4091	+	3988)	/	2 )	/	5678	*	365 / 4
=	4039.5					/	5678	*	365 / 4
=	64.92

Nippon Ceramic Co (TSE:6929) Days Sales Outstanding Explanation

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

Nippon Ceramic Co Days Sales Outstanding Related Terms

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Nippon Ceramic Co (TSE:6929) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nippon Ceramic Co Ltd (TSE:6929) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

176-17 Hirooka, Tottori-shi, Tottori, JPN, 689-1193

Website

http://www.nicera.co.jp

Nippon Ceramic Co Ltd is a Japan based company engaged in development, manufacturing and sale of ceramic sensors, ferrite, module and others. Its products are applicable for household equipment and plant facilities; automobiles; home electronics and office automation equipment; and electronics. Its Household equipment & plant faculties include lighting, sensor, security system, fire detection sensor etc. In automobile industry its products are applicable in sensor, DC- DC Converter, charging & discharging battery etc. Its products in home electronics include Microwave, airconditioner and IH cooker. Under electronics industry its products are power supplies, fan motors, inverters.

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