Tsubota Laboratory (TSE:4890) Days Sales Outstanding : 0.61 (As of Dec. 2023)

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What is Tsubota Laboratory Days Sales Outstanding?

Tsubota Laboratory's average Accounts Receivable for the three months ended in Dec. 2023 was 円0.8 Mil. Tsubota Laboratory's Revenue for the three months ended in Dec. 2023 was 円124.7 Mil. Hence, Tsubota Laboratory's Days Sales Outstanding for the three months ended in Dec. 2023 was 0.61.

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

TSE:4890' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.18 Med: 9.67 Max: 43.38
Current: 4.19

During the past 5 years, Tsubota Laboratory's highest Days Sales Outstanding was 43.38. The lowest was 4.18. And the median was 9.67.

TSE:4890's Days Sales Outstanding is ranked better than
98.89% of 808 companies
in the Medical Devices & Instruments industry
Industry Median: 65.27 vs TSE:4890: 4.19

Tsubota Laboratory's Days Sales Outstanding declined from Dec. 2022 (2.57) to Dec. 2023 (0.61).

Tsubota Laboratory Days Sales Outstanding Historical Data

The historical data trend for Tsubota Laboratory'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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Tsubota Laboratory Days Sales Outstanding Chart

Tsubota Laboratory Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

5.62

41.15

43.38

4.18

9.67

Tsubota Laboratory Quarterly Data
	Mar20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial							21.27	35.14	3.96	0.61	1.71

Competitive Comparison of Tsubota Laboratory's Days Sales Outstanding

For the Medical Devices subindustry, Tsubota Laboratory'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.

Tsubota Laboratory's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Tsubota Laboratory's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tsubota Laboratory's Days Sales Outstanding falls into.

Tsubota Laboratory 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.

Tsubota Laboratory's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (17.76	+	17.933)	/	2 )	/	673.532	*	365
=	17.8465					/	673.532	*	365
=	9.67

Tsubota Laboratory'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
=	( (0.831	+	0.837)	/	2 )	/	124.711	*	365 / 4
=	0.834					/	124.711	*	365 / 4
=	0.61

Tsubota Laboratory (TSE:4890) Days Sales Outstanding Explanation

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

Tsubota Laboratory Days Sales Outstanding Related Terms

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Tsubota Laboratory (TSE:4890) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Tsubota Laboratory Inc (TSE:4890) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

34 Shinanomachi, 304 Toshin Shinanomachi-ekimae Building, Shinjuku-ku, Tokyo, JPN, 160-0016

Website

https://tsubota-lab.com

Tsubota Laboratory Inc is engaged in the research and development of pharmaceuticals and medical devices for the treatment of myopia, dry eyes, and presbyopia.

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