MAX Co (TSE:6454) Days Sales Outstanding : 62.82 (As of Mar. 2024)

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What is MAX Co Days Sales Outstanding?

MAX Co's average Accounts Receivable for the three months ended in Mar. 2024 was 円14,667 Mil. MAX Co's Revenue for the three months ended in Mar. 2024 was 円21,306 Mil. Hence, MAX Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 62.82.

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

TSE:6454' s Days Sales Outstanding Range Over the Past 10 Years
Min: 56.55 Med: 75.34 Max: 80.42
Current: 61.66

During the past 13 years, MAX Co's highest Days Sales Outstanding was 80.42. The lowest was 56.55. And the median was 75.34.

TSE:6454's Days Sales Outstanding is ranked better than
69.16% of 2957 companies
in the Industrial Products industry
Industry Median: 79.61 vs TSE:6454: 61.66

MAX Co's Days Sales Outstanding declined from Mar. 2023 (63.60) to Mar. 2024 (62.82).

MAX Co Days Sales Outstanding Historical Data

The historical data trend for MAX 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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MAX Co Days Sales Outstanding Chart

MAX Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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73.14

74.55

62.45

56.55

58.01

MAX Co 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															63.60	61.36	63.85	62.22	62.82

Competitive Comparison of MAX Co's Days Sales Outstanding

For the Tools & Accessories subindustry, MAX 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.

MAX Co's Days Sales Outstanding Distribution in the Industrial Products Industry

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

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

MAX 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.

MAX Co'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
=	( (13444	+	14097)	/	2 )	/	86638	*	365
=	13770.5					/	86638	*	365
=	58.01

MAX Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (15237	+	14097)	/	2 )	/	21306	*	365 / 4
=	14667					/	21306	*	365 / 4
=	62.82

MAX Co (TSE:6454) Days Sales Outstanding Explanation

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

MAX Co Days Sales Outstanding Related Terms

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MAX Co (TSE:6454) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » MAX Co Ltd (TSE:6454) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

6-6 Nihonbashi Hakozakicho, Chuo-ku, Tokyo, JPN, 103-8502

Website

http://www.max-ltd.co.jp

MAX Co Ltd manufactures and distributes office supplies and industrial equipment. The company operates through office equipment, industrial equipment, and home care and rehabilitation (HCR) equipment divisions. It mainly offers products such as hand-held staplers and automatic staplers, numbering tools, check writers, and other office supplies. It also markets fastening devices for various purposes such as concrete reinforcing bar tying machines, air compressors, and rechargeable tools.

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