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MISUMI Group (MISUMI Group) Days Sales Outstanding : 72.46 (As of Mar. 2024)


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What is MISUMI Group Days Sales Outstanding?

MISUMI Group's average Accounts Receivable for the three months ended in Mar. 2024 was $503 Mil. MISUMI Group's Revenue for the three months ended in Mar. 2024 was $633 Mil. Hence, MISUMI Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 72.46.

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

MSSMY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 69.49   Med: 74.59   Max: 79.21
Current: 73.85

During the past 13 years, MISUMI Group's highest Days Sales Outstanding was 79.21. The lowest was 69.49. And the median was 74.59.

MSSMY's Days Sales Outstanding is ranked better than
55.43% of 2957 companies
in the Industrial Products industry
Industry Median: 79.61 vs MSSMY: 73.85

MISUMI Group's Days Sales Outstanding declined from Mar. 2023 (76.57) to Mar. 2024 (72.46).


MISUMI Group Days Sales Outstanding Historical Data

The historical data trend for MISUMI Group'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.

MISUMI Group Days Sales Outstanding Chart

MISUMI Group 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 74.74 79.57 77.26 79.70 80.15

MISUMI Group 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 76.57 78.88 76.51 70.45 72.46

Competitive Comparison of MISUMI Group's Days Sales Outstanding

For the Tools & Accessories subindustry, MISUMI Group'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.


MISUMI Group's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, MISUMI Group's Days Sales Outstanding distribution charts can be found below:

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



MISUMI Group 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.

MISUMI Group'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
=( (571.274 + 506.406) / 2 ) / 2453.961*365
=538.84 / 2453.961*365
=80.15

MISUMI Group'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
=( (498.786 + 506.406) / 2 ) / 632.939*365 / 4
=502.596 / 632.939*365 / 4
=72.46

* 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.


MISUMI Group  (OTCPK:MSSMY) Days Sales Outstanding Explanation

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


MISUMI Group Days Sales Outstanding Related Terms

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MISUMI Group (MISUMI Group) Business Description

Traded in Other Exchanges
Address
Koraku 2-chome, Bunkyo-ku, Iidabashi First Buiding, 5-1, TOKYO, Japan, JPN, 112-8583
MISUMI Group Inc is a Japanese manufacturer of components and parts used in automation processes. The group's three main businesses offer standardised components for automated equipment used in factory automation, die and mold parts used in the production of automobiles and electronic devices, and third-party branded products. The products include shafts, set collars, springs, gears, actuators, optical measurement devices, connectors, switches, cables, transformers, bores, wires, calipers, diamond cutting tools, punches, button dies, retainers, ejector pins, and taper pins.

MISUMI Group (MISUMI Group) Headlines

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