MTI (TSE:9438) Days Sales Outstanding : 57.73 (As of Dec. 2023)

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What is MTI Days Sales Outstanding?

MTI's average Accounts Receivable for the three months ended in Dec. 2023 was 円4,191 Mil. MTI's Revenue for the three months ended in Dec. 2023 was 円6,625 Mil. Hence, MTI's Days Sales Outstanding for the three months ended in Dec. 2023 was 57.73.

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

TSE:9438' s Days Sales Outstanding Range Over the Past 10 Years
Min: 57.83 Med: 69.02 Max: 74.64
Current: 60.28

During the past 13 years, MTI's highest Days Sales Outstanding was 74.64. The lowest was 57.83. And the median was 69.02.

TSE:9438's Days Sales Outstanding is ranked worse than
64.53% of 640 companies
in the Healthcare Providers & Services industry
Industry Median: 46.205 vs TSE:9438: 60.28

MTI's Days Sales Outstanding declined from Dec. 2022 (57.93) to Dec. 2023 (57.73).

MTI Days Sales Outstanding Historical Data

The historical data trend for MTI'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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MTI Days Sales Outstanding Chart

MTI Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Sales Outstanding

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66.44

66.53

66.23

60.63

57.83

MTI 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															57.93	64.51	60.73	56.89	57.73

Competitive Comparison of MTI's Days Sales Outstanding

For the Health Information Services subindustry, MTI'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.

MTI's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, MTI's Days Sales Outstanding distribution charts can be found below:

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

MTI 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.

MTI's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

	Days Sales Outstanding (A: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (4294.825	+	4197.136)	/	2 )	/	26798.991	*	365
=	4245.9805					/	26798.991	*	365
=	57.83

MTI'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
=	( (4197.136	+	4185.321)	/	2 )	/	6625.132	*	365 / 4
=	4191.2285					/	6625.132	*	365 / 4
=	57.73

MTI (TSE:9438) Days Sales Outstanding Explanation

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

MTI Days Sales Outstanding Related Terms

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MTI (TSE:9438) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » MTI Ltd (TSE:9438) » Definitions » Days Sales Outstanding

Comparable Companies

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N/A

Address

35th Floor, Tokyo Opera City Tower 3-20-2, Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-1435

Website

http://www.mti.co.jp

MTI Ltd is engaged in the content distribution business for mobile phones in Japan. The company provides health care services through Lunaruna app, Lunaruna baby, and Lunaruna medicine notebook. It is involved in providing music/video services, electronic book services, life information services, and entertainment services.

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