Toyo Kanetsu KK (TSE:6369) Days Sales Outstanding : 136.04 (As of Dec. 2023)

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What is Toyo Kanetsu KK Days Sales Outstanding?

Toyo Kanetsu KK's average Accounts Receivable for the three months ended in Dec. 2023 was 円20,682 Mil. Toyo Kanetsu KK's Revenue for the three months ended in Dec. 2023 was 円13,872 Mil. Hence, Toyo Kanetsu KK's Days Sales Outstanding for the three months ended in Dec. 2023 was 136.04.

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

TSE:6369' s Days Sales Outstanding Range Over the Past 10 Years
Min: 64.04 Med: 120.32 Max: 188.76
Current: 150.54

During the past 13 years, Toyo Kanetsu KK's highest Days Sales Outstanding was 188.76. The lowest was 64.04. And the median was 120.32.

TSE:6369's Days Sales Outstanding is ranked worse than
84.61% of 2957 companies
in the Industrial Products industry
Industry Median: 79.63 vs TSE:6369: 150.54

Toyo Kanetsu KK's Days Sales Outstanding declined from Dec. 2022 (203.01) to Dec. 2023 (136.04).

Toyo Kanetsu KK Days Sales Outstanding Historical Data

The historical data trend for Toyo Kanetsu KK'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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Toyo Kanetsu KK Days Sales Outstanding Chart

Toyo Kanetsu KK Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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151.75

120.93

119.71

188.76

167.00

Toyo Kanetsu KK 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															163.40	200.93	144.09	136.04	124.37

Competitive Comparison of Toyo Kanetsu KK's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Toyo Kanetsu KK'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.

Toyo Kanetsu KK's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Toyo Kanetsu KK's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Toyo Kanetsu KK's Days Sales Outstanding falls into.

Toyo Kanetsu KK 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.

Toyo Kanetsu KK'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
=	( (23649	+	25571)	/	2 )	/	53787	*	365
=	24610					/	53787	*	365
=	167.00

Toyo Kanetsu KK'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
=	( (21205	+	20158)	/	2 )	/	13872	*	365 / 4
=	20681.5					/	13872	*	365 / 4
=	136.04

Toyo Kanetsu KK (TSE:6369) Days Sales Outstanding Explanation

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

Toyo Kanetsu KK Days Sales Outstanding Related Terms

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Toyo Kanetsu KK (TSE:6369) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Toyo Kanetsu KK (TSE:6369) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

11-1, Minamisuna 2-chome, Koto-ku, Tokyo, JPN, 136-8666

Website

http://www.toyokanetsu.co.jp

Toyo Kanetsu KK produces and sells industrial furnaces. It operates in two reportable segments which include Plant and machinery segment and Material handling system segment. Plant and machinery comprise of designing, manufacturing, installation of storage tanks for LNG (Liquefied natural gas), crude oil and other gases and liquids whereas Material handling system segment is engaged in the development, designing and installation of distribution system especially for sorting, picking and conveyance. The business activity of the group is operated by Japan, Southeast Asia, Oceania, and Internationally.

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