Denka Co (Denka Co) Days Sales Outstanding : 101.26 (As of Dec. 2023)

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What is Denka Co Days Sales Outstanding?

Denka Co's average Accounts Receivable for the three months ended in Dec. 2023 was $782 Mil. Denka Co's Revenue for the three months ended in Dec. 2023 was $705 Mil. Hence, Denka Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 101.26.

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

DENKF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 78.55 Med: 85.74 Max: 97.33
Current: 97.33

During the past 13 years, Denka Co's highest Days Sales Outstanding was 97.33. The lowest was 78.55. And the median was 85.74.

DENKF's Days Sales Outstanding is ranked worse than
81.32% of 1526 companies
in the Chemicals industry
Industry Median: 64.05 vs DENKF: 97.33

Denka Co's Days Sales Outstanding increased from Dec. 2022 (99.07) to Dec. 2023 (101.26).

Denka Co Days Sales Outstanding Historical Data

The historical data trend for Denka 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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Denka Co Days Sales Outstanding Chart

Denka Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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85.51

92.32

95.92

94.91

96.75

Denka 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															101.82	103.93	93.66	101.26	102.92

Competitive Comparison of Denka Co's Days Sales Outstanding

For the Chemicals subindustry, Denka 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.

Denka Co's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Denka Co's Days Sales Outstanding distribution charts can be found below:

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

Denka 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.

Denka 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
=	( (733.786	+	643.652)	/	2 )	/	2598.229	*	365
=	688.719					/	2598.229	*	365
=	96.75

Denka Co'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
=	( (756.143	+	808.069)	/	2 )	/	704.771	*	365 / 4
=	782.106					/	704.771	*	365 / 4
=	101.26

Denka Co (OTCPK:DENKF) Days Sales Outstanding Explanation

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

Denka Co Days Sales Outstanding Related Terms

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Denka Co (Denka Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Denka Co Ltd (OTCPK:DENKF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

4061:Japan DIK:Germany DIK:Germany

Address

Nihonbashi Mitsui Tower, 1-1, Nihonbashi-Muromachi, 2-Chome Chuo-ku, Tokyo, JPN, 103-8338

Website

http://www.denka.co.jp

Denka Co Ltd manufactures and sells chemicals, plastics, and chemical-based products. The firm organizes itself into four segments based on product type. The elastomers and performance plastics segment, which generates more revenue than any other segment, sells rubber products used by the automotive industry and plastics used to manufacture electronics including televisions. The infrastructure and social solutions segment sells cement and fertilizer to the construction and building industries. The electronics and innovative products segment sells film, and resins used by the electronics industry. The life science and environment products segment sells housing materials including rain gutters, plastic food packaging materials, and industrial materials including electrical tape.

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