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Sumitomo Electric Industries (TSE:5802) Days Sales Outstanding : 67.81 (As of Dec. 2023)


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What is Sumitomo Electric Industries Days Sales Outstanding?

Sumitomo Electric Industries's average Accounts Receivable for the three months ended in Dec. 2023 was 円854,467 Mil. Sumitomo Electric Industries's Revenue for the three months ended in Dec. 2023 was 円1,149,823 Mil. Hence, Sumitomo Electric Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 67.81.

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

TSE:5802' s Days Sales Outstanding Range Over the Past 10 Years
Min: 70.89   Med: 78.99   Max: 89.14
Current: 70.89

During the past 13 years, Sumitomo Electric Industries's highest Days Sales Outstanding was 89.14. The lowest was 70.89. And the median was 78.99.

TSE:5802's Days Sales Outstanding is ranked worse than
62.39% of 1271 companies
in the Vehicles & Parts industry
Industry Median: 60.7 vs TSE:5802: 70.89

Sumitomo Electric Industries's Days Sales Outstanding declined from Dec. 2022 (72.45) to Dec. 2023 (67.81).


Sumitomo Electric Industries Days Sales Outstanding Historical Data

The historical data trend for Sumitomo Electric Industries'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.

Sumitomo Electric Industries Days Sales Outstanding Chart

Sumitomo Electric Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 79.09 81.00 89.14 83.45 74.15

Sumitomo Electric Industries 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 72.45 68.43 77.32 71.72 67.81

Competitive Comparison of Sumitomo Electric Industries's Days Sales Outstanding

For the Auto Parts subindustry, Sumitomo Electric Industries'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 Electric Industries's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sumitomo Electric Industries's Days Sales Outstanding distribution charts can be found below:

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



Sumitomo Electric Industries 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 Electric Industries'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
=( (784647 + 842794) / 2 ) / 4005561*365
=813720.5 / 4005561*365
=74.15

Sumitomo Electric Industries'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
=( (852594 + 856339) / 2 ) / 1149823*365 / 4
=854466.5 / 1149823*365 / 4
=67.81

* 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.


Sumitomo Electric Industries  (TSE:5802) 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 Electric Industries Days Sales Outstanding Related Terms

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Sumitomo Electric Industries (TSE:5802) Business Description

Traded in Other Exchanges
Address
4-5-33, Kitahama, Chuo-ku, Osaka, JPN, 541-0041
Sumitomo Electric Industries Ltd manufactures and sells electric wires and cables, and other products. The company is engaged in diversified business activities supporting people's daily lives and industry through five business segments: Automotive, Infocommunications, Electronics, Environment and Energy, and Industrial Materials and Others. The Automobile-related segment offers wire harnesses, rubber cushions, hoses for automobiles, automobile electrical parts and others. Sumitomo's Information Communications-related segment offers fiber-optic cables, electrical cables and equipment for communications use, optical communications-related parts and others. It derives most of the revenue from Japan.

Sumitomo Electric Industries (TSE:5802) Headlines

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