Mitsubishi Research Institute (TSE:3636) Days Sales Outstanding : 136.54 (As of Mar. 2024)

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What is Mitsubishi Research Institute Days Sales Outstanding?

Mitsubishi Research Institute's average Accounts Receivable for the three months ended in Mar. 2024 was 円58,155 Mil. Mitsubishi Research Institute's Revenue for the three months ended in Mar. 2024 was 円38,866 Mil. Hence, Mitsubishi Research Institute's Days Sales Outstanding for the three months ended in Mar. 2024 was 136.54.

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

TSE:3636' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.06 Med: 56.04 Max: 156.5
Current: 156.5

During the past 13 years, Mitsubishi Research Institute's highest Days Sales Outstanding was 156.50. The lowest was 48.06. And the median was 56.04.

TSE:3636's Days Sales Outstanding is ranked worse than
86.75% of 2732 companies
in the Software industry
Industry Median: 61.815 vs TSE:3636: 156.50

Mitsubishi Research Institute's Days Sales Outstanding increased from Mar. 2023 (111.92) to Mar. 2024 (136.54).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Mitsubishi Research Institute Days Sales Outstanding Historical Data

The historical data trend for Mitsubishi Research Institute'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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Mitsubishi Research Institute Days Sales Outstanding Chart

Mitsubishi Research Institute Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Sales Outstanding

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56.57

53.01

55.50

64.55

74.10

Mitsubishi Research Institute 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															111.92	203.16	109.67	123.32	136.54

Competitive Comparison of Mitsubishi Research Institute's Days Sales Outstanding

For the Information Technology Services subindustry, Mitsubishi Research Institute'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.

Mitsubishi Research Institute's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Mitsubishi Research Institute's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Mitsubishi Research Institute's Days Sales Outstanding falls into.

Mitsubishi Research Institute 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.

Mitsubishi Research Institute's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

	Days Sales Outstanding (A: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (23515	+	26071)	/	2 )	/	122126	*	365
=	24793					/	122126	*	365
=	74.10

Mitsubishi Research Institute'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
=	( (48710	+	67599)	/	2 )	/	38866	*	365 / 4
=	58154.5					/	38866	*	365 / 4
=	136.54

Mitsubishi Research Institute (TSE:3636) Days Sales Outstanding Explanation

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

Mitsubishi Research Institute Days Sales Outstanding Related Terms

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Mitsubishi Research Institute (TSE:3636) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Mitsubishi Research Institute Inc (TSE:3636) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

10-3, Nagatacho 2-Chome Chiyoda-Ku, Tokyo, JPN, 100-8141

Website

http://www.mri.co.jp

Mitsubishi Research Institute Inc is an international research and consulting firm. The company assists its clients in developing comprehensive solutions to meet their diverse needs by integrating think-tank, consulting and IT solution services. The Think Tank and Consulting segment offers research, survey analysis, project appraisal, strategic planning, and other organizational development services. The IT Solutions segment provides IT support and consulting, software development, data processing, system machinery, core system outsourcing, and business process outsourcing services. The business activity is primarily functioned through the regions of Japan.

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