Kuraray Co (TSE:3405) Days Sales Outstanding : 71.11 (As of Dec. 2023)

View and export this data going back to 1949. Start your Free Trial

What is Kuraray Co Days Sales Outstanding?

Kuraray Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円160,964 Mil. Kuraray Co's Revenue for the three months ended in Dec. 2023 was 円206,564 Mil. Hence, Kuraray Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 71.11.

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

TSE:3405' s Days Sales Outstanding Range Over the Past 10 Years
Min: 67.58 Med: 75.79 Max: 80.28
Current: 74.71

During the past 13 years, Kuraray Co's highest Days Sales Outstanding was 80.28. The lowest was 67.58. And the median was 75.79.

TSE:3405's Days Sales Outstanding is ranked worse than
61.66% of 1526 companies
in the Chemicals industry
Industry Median: 64.05 vs TSE:3405: 74.71

Kuraray Co's Days Sales Outstanding increased from Dec. 2022 (70.41) to Dec. 2023 (71.11).

Kuraray Co Days Sales Outstanding Historical Data

The historical data trend for Kuraray 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.

* Premium members only.

Kuraray Co Days Sales Outstanding Chart

Kuraray Co Annual Data

Trend

Mar14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

79.01

80.28

73.35

70.64

74.53

Kuraray Co 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															70.41	77.49	74.56	76.27	71.11

Competitive Comparison of Kuraray Co's Days Sales Outstanding

For the Chemicals subindustry, Kuraray 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.

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

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

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

Kuraray 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.

Kuraray Co'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
=	( (157016	+	161904)	/	2 )	/	780938	*	365
=	159460					/	780938	*	365
=	74.53

Kuraray 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
=	( (160024	+	161904)	/	2 )	/	206564	*	365 / 4
=	160964					/	206564	*	365 / 4
=	71.11

Kuraray Co (TSE:3405) Days Sales Outstanding Explanation

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

Kuraray Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Kuraray Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Kuraray Co (TSE:3405) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kuraray Co Ltd (TSE:3405) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

KURRY:USA KURRF:USA KUY:Germany

Address

Ote Center Building,1-1-3, Otemachi, Chiyoda-ku, Tokyo, JPN, 100-8115

Website

http://www.kuraray.co.jp

Kuraray Co Ltd manufactures and sells specialty chemicals, fiber, and resin. The firm organizes itself into six segments based on product type. The Vinyl Acetate segment, which generates the most revenue of any segment, sells plastic films and resins for use in the food packaging and electronics industries. The Isoprene segment sells isoprene chemicals, thermoplastic elastomers, and liquid rubber. The Functional Materials segment sells dental materials, while the Fibers and Textiles segment sells fibers for cement and concrete, industrial products for automobiles, and hook and loop fasteners for clothing. The other two segments are Trading, and Other. The majority of revenue comes from Asia.

Kuraray Co (TSE:3405) Headlines

No Headlines