Sumitomo Chemical Co (TSE:4005) Days Sales Outstanding : 86.21 (As of Dec. 2023)

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What is Sumitomo Chemical Co Days Sales Outstanding?

Sumitomo Chemical Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円585,741 Mil. Sumitomo Chemical Co's Revenue for the three months ended in Dec. 2023 was 円619,994 Mil. Hence, Sumitomo Chemical Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 86.21.

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

TSE:4005' s Days Sales Outstanding Range Over the Past 10 Years
Min: 69.36 Med: 85.6 Max: 97.6
Current: 91.19

During the past 13 years, Sumitomo Chemical Co's highest Days Sales Outstanding was 97.60. The lowest was 69.36. And the median was 85.60.

TSE:4005's Days Sales Outstanding is ranked worse than
74.1% of 1525 companies
in the Chemicals industry
Industry Median: 64.02 vs TSE:4005: 91.19

Sumitomo Chemical Co's Days Sales Outstanding declined from Dec. 2022 (89.55) to Dec. 2023 (86.21).

Sumitomo Chemical Co Days Sales Outstanding Historical Data

The historical data trend for Sumitomo Chemical 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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Sumitomo Chemical Co Days Sales Outstanding Chart

Sumitomo Chemical Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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85.05

91.87

97.60

90.61

83.43

Sumitomo Chemical 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															89.55	92.54	96.55	87.11	86.21

Competitive Comparison of Sumitomo Chemical Co's Days Sales Outstanding

For the Chemicals subindustry, Sumitomo Chemical 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.

Sumitomo Chemical Co's Days Sales Outstanding Distribution in the Chemicals Industry

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

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

Sumitomo Chemical 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.

Sumitomo Chemical 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
=	( (720422	+	603161)	/	2 )	/	2895283	*	365
=	661791.5					/	2895283	*	365
=	83.43

Sumitomo Chemical 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
=	( (602402	+	569080)	/	2 )	/	619994	*	365 / 4
=	585741					/	619994	*	365 / 4
=	86.21

Sumitomo Chemical Co (TSE:4005) Days Sales Outstanding Explanation

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

Sumitomo Chemical Co Days Sales Outstanding Related Terms

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Sumitomo Chemical Co (TSE:4005) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sumitomo Chemical Co Ltd (TSE:4005) » Definitions » Days Sales Outstanding

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SOMMY:USA SOMMF:USA SMM:Germany

Address

27-1, Shinkawa 2-chome, Chuo-ku, Tokyo, JPN, 104-8260

Website

http://www.sumitomo-chem.co.jp

Sumitomo Chemical Co Ltd manufactures and sells chemicals and chemical-based products. The firm is organized into six segments by product type. The petrochemicals and plastics segment, which generates more revenue than any other segment, sells multiple products including propylene and polypropylene used in automobile seat cushions and interior panels. The pharmaceutical segment sells medicine to treat diabetes, neurology, cancer, and infectious diseases. The IT-related chemicals segment sells compound semiconductors and polarizing films used in LCD displays for TVs and smartphones. The other three segments are health and crop sciences; energy and functional materials; and "others." The majority of revenue comes from Japan and China.

Sumitomo Chemical Co (TSE:4005) Headlines

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