Shinko Electric Industries Co (TSE:6967) Days Sales Outstanding : 96.95 (As of Mar. 2024)

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What is Shinko Electric Industries Co Days Sales Outstanding?

Shinko Electric Industries Co's average Accounts Receivable for the three months ended in Mar. 2024 was 円56,664 Mil. Shinko Electric Industries Co's Revenue for the three months ended in Mar. 2024 was 円53,334 Mil. Hence, Shinko Electric Industries Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 96.95.

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

TSE:6967' s Days Sales Outstanding Range Over the Past 10 Years
Min: 86.17 Med: 94.85 Max: 103.49
Current: 101.74

During the past 13 years, Shinko Electric Industries Co's highest Days Sales Outstanding was 103.49. The lowest was 86.17. And the median was 94.85.

TSE:6967's Days Sales Outstanding is ranked worse than
80.82% of 980 companies
in the Semiconductors industry
Industry Median: 63.07 vs TSE:6967: 101.74

Shinko Electric Industries Co's Days Sales Outstanding declined from Mar. 2023 (119.04) to Mar. 2024 (96.95).

Shinko Electric Industries Co Days Sales Outstanding Historical Data

The historical data trend for Shinko Electric Industries 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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Shinko Electric Industries Co Days Sales Outstanding Chart

Shinko Electric Industries Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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96.66

90.75

86.17

88.58

103.49

Shinko Electric Industries 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															119.04	110.24	95.46	103.62	96.95

Competitive Comparison of Shinko Electric Industries Co's Days Sales Outstanding

For the Semiconductor Equipment & Materials subindustry, Shinko Electric Industries 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.

Shinko Electric Industries Co's Days Sales Outstanding Distribution in the Semiconductors Industry

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

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

Shinko Electric Industries 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.

Shinko Electric Industries Co'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
=	( (62356	+	56715)	/	2 )	/	209972	*	365
=	59535.5					/	209972	*	365
=	103.49

Shinko Electric Industries 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
=	( (56612	+	56715)	/	2 )	/	53334	*	365 / 4
=	56663.5					/	53334	*	365 / 4
=	96.95

Shinko Electric Industries Co (TSE:6967) Days Sales Outstanding Explanation

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

Shinko Electric Industries Co Days Sales Outstanding Related Terms

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Shinko Electric Industries Co (TSE:6967) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Shinko Electric Industries Co Ltd (TSE:6967) » Definitions » Days Sales Outstanding

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SKS:Germany

Address

80, Oshimada-machi, Nagano-shi, Nagano, JPN, 381-2287

Website

http://www.shinko.co.jp

Shinko Electric Industries Co Ltd is an integrated manufacturer of semiconductor packages. It houses eight core technologies that include hermetic seal technology, ceramic technology, multilayer build-up technology, integrated circuit assembly technology, and many others. Integrated circuit packages are the leading revenue generator, but hermetic seal tech is the traditional offering from Shinko. It connects glass and ceramics to various metals and is used in areas such as semiconductor lasers, and sensors for in-car use. The company also produces simulation technology that encompasses signal and power integrity of high-speed transmission lines and other solutions needed for high-performance semiconductor packages. Offices are located globally to serve a host of different industries.

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