Tokushu Tokai Paper Co (TSE:3708) Days Sales Outstanding : 116.79 (As of Dec. 2023)

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What is Tokushu Tokai Paper Co Days Sales Outstanding?

Tokushu Tokai Paper Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円28,532 Mil. Tokushu Tokai Paper Co's Revenue for the three months ended in Dec. 2023 was 円22,293 Mil. Hence, Tokushu Tokai Paper Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 116.79.

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

TSE:3708' s Days Sales Outstanding Range Over the Past 10 Years
Min: 102.85 Med: 109.97 Max: 118.33
Current: 117.61

During the past 13 years, Tokushu Tokai Paper Co's highest Days Sales Outstanding was 118.33. The lowest was 102.85. And the median was 109.97.

TSE:3708's Days Sales Outstanding is ranked worse than
91.64% of 287 companies
in the Forest Products industry
Industry Median: 54.58 vs TSE:3708: 117.61

Tokushu Tokai Paper Co's Days Sales Outstanding declined from Dec. 2022 (120.91) to Dec. 2023 (116.79).

Tokushu Tokai Paper Co Days Sales Outstanding Historical Data

The historical data trend for Tokushu Tokai Paper 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.

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Tokushu Tokai Paper Co Days Sales Outstanding Chart

Tokushu Tokai Paper Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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113.99

117.46

118.33

109.79

107.79

Tokushu Tokai Paper 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															120.91	118.41	116.25	114.36	116.79

Competitive Comparison of Tokushu Tokai Paper Co's Days Sales Outstanding

For the Paper & Paper Products subindustry, Tokushu Tokai Paper 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.

Tokushu Tokai Paper Co's Days Sales Outstanding Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Tokushu Tokai Paper Co's Days Sales Outstanding distribution charts can be found below:

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

Tokushu Tokai Paper 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.

Tokushu Tokai Paper Co'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
=	( (24128	+	25560)	/	2 )	/	84130	*	365
=	24844					/	84130	*	365
=	107.79

Tokushu Tokai Paper 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
=	( (28468	+	28596)	/	2 )	/	22293	*	365 / 4
=	28532					/	22293	*	365 / 4
=	116.79

Tokushu Tokai Paper Co (TSE:3708) Days Sales Outstanding Explanation

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

Tokushu Tokai Paper Co Days Sales Outstanding Related Terms

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Tokushu Tokai Paper Co (TSE:3708) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Tokushu Tokai Paper Co Ltd (TSE:3708) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

Zyouwa Yaesu Build 6F, Tokyo, JPN

Website

http://www.tt-paper.co.jp

Tokushu Tokai Paper Co Ltd manufactures and sells a variety of paper products. The company organizes itself into three primary divisions based on product type. The special-use paper division sells specialized paper that is used for food packaging, art printing, and securities protection. The industrial paper division sells paper that is used for fresh vegetable and cosmetic packaging, as well as water repellent paper. The household products division sells coffee and tea filter paper as well as other paper products used for cooking.

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