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Aso International (TSE:9340) Days Sales Outstanding : 45.50 (As of Dec. 2023)


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What is Aso International Days Sales Outstanding?

Aso International's average Accounts Receivable for the three months ended in Dec. 2023 was 円425 Mil. Aso International's Revenue for the three months ended in Dec. 2023 was 円853 Mil. Hence, Aso International's Days Sales Outstanding for the three months ended in Dec. 2023 was 45.50.

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

TSE:9340' s Days Sales Outstanding Range Over the Past 10 Years
Min: 40.8   Med: 41.73   Max: 43.42
Current: 43.42

During the past 3 years, Aso International's highest Days Sales Outstanding was 43.42. The lowest was 40.80. And the median was 41.73.

TSE:9340's Days Sales Outstanding is ranked better than
79.8% of 807 companies
in the Medical Devices & Instruments industry
Industry Median: 64.21 vs TSE:9340: 43.42

Aso International's Days Sales Outstanding declined from Dec. 2022 (46.21) to Dec. 2023 (45.50).


Aso International Days Sales Outstanding Historical Data

The historical data trend for Aso International'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.

Aso International Days Sales Outstanding Chart

Aso International Annual Data
Trend Jun21 Jun22 Jun23
Days Sales Outstanding
41.73 40.80 43.29

Aso International Quarterly Data
Jun21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial 46.21 41.86 42.34 45.91 45.50

Competitive Comparison of Aso International's Days Sales Outstanding

For the Medical Instruments & Supplies subindustry, Aso International'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.


Aso International's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Aso International's Days Sales Outstanding distribution charts can be found below:

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



Aso International 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.

Aso International's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

Days Sales Outstanding (A: Jun. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count ) / Revenue (A: Jun. 2023 )*Days in Period
=( (346.28 + 410.39) / 2 ) / 3190.044*365
=378.335 / 3190.044*365
=43.29

Aso International'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
=( (457.29 + 393.463) / 2 ) / 853.037*365 / 4
=425.3765 / 853.037*365 / 4
=45.50

* 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.


Aso International  (TSE:9340) Days Sales Outstanding Explanation

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


Aso International Days Sales Outstanding Related Terms

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Aso International (TSE:9340) Business Description

Traded in Other Exchanges
N/A
Address
2-11-8 Ginza, Chuo-ku, No. 22 Chuo Building, 3rd FLoor, Tokyo, JPN, 104-0061
Aso International Inc is engaged in the manufacturing and sale of orthodontic appliances.

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