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Shimadzu (TSE:7701) Days Sales Outstanding : 89.17 (As of Dec. 2023)


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What is Shimadzu Days Sales Outstanding?

Shimadzu's average Accounts Receivable for the three months ended in Dec. 2023 was 円123,235 Mil. Shimadzu's Revenue for the three months ended in Dec. 2023 was 円126,109 Mil. Hence, Shimadzu's Days Sales Outstanding for the three months ended in Dec. 2023 was 89.17.

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

TSE:7701' s Days Sales Outstanding Range Over the Past 10 Years
Min: 87.36   Med: 113.48   Max: 124.91
Current: 87.36

During the past 13 years, Shimadzu's highest Days Sales Outstanding was 124.91. The lowest was 87.36. And the median was 113.48.

TSE:7701's Days Sales Outstanding is ranked worse than
61.07% of 2458 companies
in the Hardware industry
Industry Median: 74.995 vs TSE:7701: 87.36

Shimadzu's Days Sales Outstanding declined from Dec. 2022 (91.07) to Dec. 2023 (89.17).


Shimadzu Days Sales Outstanding Historical Data

The historical data trend for Shimadzu'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.

Shimadzu Days Sales Outstanding Chart

Shimadzu Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 114.51 116.60 110.27 102.20 95.81

Shimadzu 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 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 91.07 79.76 101.79 82.54 89.17

Competitive Comparison of Shimadzu's Days Sales Outstanding

For the Scientific & Technical Instruments subindustry, Shimadzu'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.


Shimadzu's Days Sales Outstanding Distribution in the Hardware Industry

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

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



Shimadzu 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.

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

Days Sales Outstanding (A: Mar. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )*Days in Period
=( (121931 + 131242) / 2 ) / 482240*365
=126586.5 / 482240*365
=95.81

Shimadzu'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
=( (123354 + 123115) / 2 ) / 126109*365 / 4
=123234.5 / 126109*365 / 4
=89.17

* 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.


Shimadzu  (TSE:7701) Days Sales Outstanding Explanation

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


Shimadzu Days Sales Outstanding Related Terms

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Shimadzu (TSE:7701) Business Description

Traded in Other Exchanges
Address
1, Nishinokyo-Kuwabara-cho, Nakagyo-ku, Kyoto, JPN, 604-8511
Shimadzu Corp manufactures scientific instruments. The firm operates in four segments: analytical and measuring instruments, medical systems, aircraft equipment, and industrial machinery. The analytical and measuring instruments segment produces chromatograph mass spectrometers, surface analyzers, and environmental measurement instruments for the pharmaceutical, chemical, and life science industries. The medical systems segment provides diagnostic imaging equipment for hospitals and medical offices. The aircraft equipment segment sells air-conditioning systems, flight control systems, and displays. The industrial machinery segment sells products to major manufacturing equipment makers, including hydraulic equipment. The majority of Shimadzu's revenue is generated in Japan.

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