Asahi Kasei (TSE:3407) Days Sales Outstanding : 60.36 (As of Dec. 2023)

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

What is Asahi Kasei Days Sales Outstanding?

Asahi Kasei's average Accounts Receivable for the three months ended in Dec. 2023 was 円475,064 Mil. Asahi Kasei's Revenue for the three months ended in Dec. 2023 was 円718,222 Mil. Hence, Asahi Kasei's Days Sales Outstanding for the three months ended in Dec. 2023 was 60.36.

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

TSE:3407' s Days Sales Outstanding Range Over the Past 10 Years
Min: 56.49 Med: 57.93 Max: 60.88
Current: 60.88

During the past 13 years, Asahi Kasei's highest Days Sales Outstanding was 60.88. The lowest was 56.49. And the median was 57.93.

TSE:3407's Days Sales Outstanding is ranked better than
53.37% of 1527 companies
in the Chemicals industry
Industry Median: 63.93 vs TSE:3407: 60.88

Asahi Kasei's Days Sales Outstanding declined from Dec. 2022 (60.42) to Dec. 2023 (60.36).

Asahi Kasei Days Sales Outstanding Historical Data

The historical data trend for Asahi Kasei'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.

Asahi Kasei Days Sales Outstanding Chart

Asahi Kasei Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

58.20

57.82

58.03

57.33

58.72

Asahi Kasei 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															60.42	60.09	61.87	60.15	60.36

Competitive Comparison of Asahi Kasei's Days Sales Outstanding

For the Chemicals subindustry, Asahi Kasei'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.

Asahi Kasei's Days Sales Outstanding Distribution in the Chemicals Industry

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

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

Asahi Kasei 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.

Asahi Kasei'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
=	( (434595	+	442692)	/	2 )	/	2726485	*	365
=	438643.5					/	2726485	*	365
=	58.72

Asahi Kasei'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
=	( (476762	+	473366)	/	2 )	/	718222	*	365 / 4
=	475064					/	718222	*	365 / 4
=	60.36

Asahi Kasei (TSE:3407) Days Sales Outstanding Explanation

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

Asahi Kasei Days Sales Outstanding Related Terms

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

Asahi Kasei (TSE:3407) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Asahi Kasei Corp (TSE:3407) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

AHKSY:USA AHKSF:USA ASAA:Germany

Address

1-105 Kanda Jinbocho, Chiyoda-ku, Tokyo, JPN, 101-8101

Website

http://www.asahi-kasei.co.jp

Asahi Kasei Corp is a holding company that, through its subsidiaries, sells a variety of products and services. The firm is organized into four segments based on product or service. The chemicals and fibers segment, which generates the most revenue of any segment, sells ammonia-based products including plastic compounds and cellulose fiber. The homes and construction segment builds residential houses and sells thermal insulation. The electronics segment sells components for mobile phones including electronic compasses and lithium-ion battery separators. The healthcare segment sells medical devices including blood purification, blood transfusion, and bioprocess products. The majority of revenue comes from Japan.

Asahi Kasei (TSE:3407) Headlines

No Headlines