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Kikkoman (TSE:2801) Days Sales Outstanding : 46.71 (As of Mar. 2024)


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What is Kikkoman Days Sales Outstanding?

Kikkoman's average Accounts Receivable for the three months ended in Mar. 2024 was 円84,945 Mil. Kikkoman's Revenue for the three months ended in Mar. 2024 was 円165,960 Mil. Hence, Kikkoman's Days Sales Outstanding for the three months ended in Mar. 2024 was 46.71.

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

TSE:2801' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.6   Med: 48.01   Max: 51.58
Current: 44.49

During the past 13 years, Kikkoman's highest Days Sales Outstanding was 51.58. The lowest was 42.60. And the median was 48.01.

TSE:2801's Days Sales Outstanding is ranked worse than
57.14% of 1843 companies
in the Consumer Packaged Goods industry
Industry Median: 39.36 vs TSE:2801: 44.49

Kikkoman's Days Sales Outstanding increased from Mar. 2023 (46.49) to Mar. 2024 (46.71).


Kikkoman Days Sales Outstanding Historical Data

The historical data trend for Kikkoman'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.

Kikkoman Days Sales Outstanding Chart

Kikkoman Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.19 51.58 46.64 42.60 43.88

Kikkoman 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 46.49 43.81 43.85 44.20 46.71

Competitive Comparison of Kikkoman's Days Sales Outstanding

For the Packaged Foods subindustry, Kikkoman'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.


Kikkoman's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kikkoman's Days Sales Outstanding distribution charts can be found below:

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



Kikkoman 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.

Kikkoman'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
=( (75070 + 83822) / 2 ) / 660835*365
=79446 / 660835*365
=43.88

Kikkoman'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
=( (86067 + 83822) / 2 ) / 165960*365 / 4
=84944.5 / 165960*365 / 4
=46.71

* 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.


Kikkoman  (TSE:2801) Days Sales Outstanding Explanation

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


Kikkoman Days Sales Outstanding Related Terms

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Kikkoman (TSE:2801) Business Description

Traded in Other Exchanges
Address
250 Noda, Noda-shi, Chiba, JPN, 278-8601
Kikkoman was founded in 1917 following the merger of eight family-owned companies in Noda, Chiba Prefecture, Japan. It is the largest soy sauce manufacturer in Japan and the U.S. Domestically, it sells a wide range of food and beverage products including but not limited to soy sauce, soy milk, licensed Del Monte products, and liquor. Kikkoman's products are shipped to over 100 countries with eight global production plants across the U.S., Asia, Europe, and South America. Apart from food manufacturing, Kikkoman also operates a wholesale business that resells Asian foods globally.

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