Central Forest Group (NGO:7675) Days Sales Outstanding : 55.92 (As of Mar. 2024)

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What is Central Forest Group Days Sales Outstanding?

Central Forest Group's average Accounts Receivable for the three months ended in Mar. 2024 was 円47,389 Mil. Central Forest Group's Revenue for the three months ended in Mar. 2024 was 円77,334 Mil. Hence, Central Forest Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 55.92.

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

NGO:7675' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.03 Med: 56.92 Max: 57.92
Current: 47.03

During the past 5 years, Central Forest Group's highest Days Sales Outstanding was 57.92. The lowest was 47.03. And the median was 56.92.

NGO:7675's Days Sales Outstanding is ranked worse than
73.53% of 306 companies
in the Retail - Defensive industry
Industry Median: 23.705 vs NGO:7675: 47.03

Central Forest Group's Days Sales Outstanding increased from Mar. 2023 (53.08) to Mar. 2024 (55.92).

Central Forest Group Days Sales Outstanding Historical Data

The historical data trend for Central Forest 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.

Central Forest Group Days Sales Outstanding Chart

Central Forest Group Annual Data

Trend

Sep19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

57.47

51.78

57.92

56.92

55.07

Central Forest Group Quarterly Data
	Jun19	Sep19	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														53.08	41.43	44.08	50.25	55.92

Competitive Comparison of Central Forest Group's Days Sales Outstanding

For the Food Distribution subindustry, Central Forest 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.

Central Forest Group's Days Sales Outstanding Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Central Forest Group's Days Sales Outstanding distribution charts can be found below:

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

Central Forest 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.

Central Forest Group's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (48706	+	50519)	/	2 )	/	328838	*	365
=	49612.5					/	328838	*	365
=	55.07

Central Forest 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
=	( (50519	+	44259)	/	2 )	/	77334	*	365 / 4
=	47389					/	77334	*	365 / 4
=	55.92

Central Forest Group (NGO:7675) Days Sales Outstanding Explanation

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

Central Forest Group Days Sales Outstanding Related Terms

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Central Forest Group (NGO:7675) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Central Forest Group Inc (NGO:7675) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 4, Kawanami-cho, Atsuta-ku, Nagoya, JPN, 456-0072

Website

https://www.centralforestgroup.co.jp

Central Forest Group Inc is engaged in the business of wholesale of food products such as alcoholic beverages among others.

Central Forest Group (NGO:7675) Headlines

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