Mitsubishi Shokuhin Co (TSE:7451) Days Sales Outstanding : 69.53 (As of Dec. 2023)

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What is Mitsubishi Shokuhin Co Days Sales Outstanding?

Mitsubishi Shokuhin Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円415,478 Mil. Mitsubishi Shokuhin Co's Revenue for the three months ended in Dec. 2023 was 円545,233 Mil. Hence, Mitsubishi Shokuhin Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 69.53.

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

TSE:7451' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.91 Med: 44.82 Max: 66.94
Current: 66.94

During the past 13 years, Mitsubishi Shokuhin Co's highest Days Sales Outstanding was 66.94. The lowest was 41.91. And the median was 44.82.

TSE:7451's Days Sales Outstanding is ranked worse than
83.88% of 304 companies
in the Retail - Defensive industry
Industry Median: 23.8 vs TSE:7451: 66.94

Mitsubishi Shokuhin Co's Days Sales Outstanding increased from Dec. 2022 (65.99) to Dec. 2023 (69.53).

Mitsubishi Shokuhin Co Days Sales Outstanding Historical Data

The historical data trend for Mitsubishi Shokuhin 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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Mitsubishi Shokuhin Co Days Sales Outstanding Chart

Mitsubishi Shokuhin Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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45.15

44.30

58.41

59.93

63.92

Mitsubishi Shokuhin 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															73.37	61.15	63.75	69.53	76.77

Competitive Comparison of Mitsubishi Shokuhin Co's Days Sales Outstanding

For the Food Distribution subindustry, Mitsubishi Shokuhin 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.

Mitsubishi Shokuhin Co's Days Sales Outstanding Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Mitsubishi Shokuhin Co's Days Sales Outstanding distribution charts can be found below:

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

Mitsubishi Shokuhin 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.

Mitsubishi Shokuhin 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
=	( (338022	+	389262)	/	2 )	/	2076381	*	365
=	363642					/	2076381	*	365
=	63.92

Mitsubishi Shokuhin 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
=	( (397491	+	433464)	/	2 )	/	545233	*	365 / 4
=	415477.5					/	545233	*	365 / 4
=	69.53

Mitsubishi Shokuhin Co (TSE:7451) Days Sales Outstanding Explanation

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

Mitsubishi Shokuhin Co Days Sales Outstanding Related Terms

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Mitsubishi Shokuhin Co (TSE:7451) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Mitsubishi Shokuhin Co Ltd (TSE:7451) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

6-1-1 Heiwajima, Ota-ku, Tokyo, JPN, 1436556

Website

http://www.mitsubishi-shokuhin.com

Mitsubishi Shokuhin Co Ltd is a Japan-based company engaged in the food and beverage business. The company offers processed foods, frozen and chilled foods, alcoholic beverages and confectioneries at wholesale prices. Its product portfolio includes seasoning products, noodles, dry goods, alcoholic and non-alcoholic beverages, frozen foods, confectionery. It also operates in the real estate management and logistics business. The majority of the revenues are derived from the processed foods business and frozen and chilled foods business.

Mitsubishi Shokuhin Co (TSE:7451) Headlines

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