Lihit Lab (TSE:7975) Days Sales Outstanding : 57.34 (As of Feb. 2024)

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What is Lihit Lab Days Sales Outstanding?

Lihit Lab's average Accounts Receivable for the three months ended in Feb. 2024 was 円1,380 Mil. Lihit Lab's Revenue for the three months ended in Feb. 2024 was 円2,195 Mil. Hence, Lihit Lab's Days Sales Outstanding for the three months ended in Feb. 2024 was 57.34.

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

TSE:7975' s Days Sales Outstanding Range Over the Past 10 Years
Min: 58.73 Med: 63.1 Max: 70.53
Current: 58.73

During the past 13 years, Lihit Lab's highest Days Sales Outstanding was 70.53. The lowest was 58.73. And the median was 63.10.

TSE:7975's Days Sales Outstanding is ranked better than
73.12% of 2958 companies
in the Industrial Products industry
Industry Median: 79.93 vs TSE:7975: 58.73

Lihit Lab's Days Sales Outstanding increased from Feb. 2023 (56.25) to Feb. 2024 (57.34).

Lihit Lab Days Sales Outstanding Historical Data

The historical data trend for Lihit Lab'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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Lihit Lab Days Sales Outstanding Chart

Lihit Lab Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Days Sales Outstanding

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63.31

70.53

62.87

61.29

60.80

Lihit Lab Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Sales Outstanding	Get a 7-Day Free Trial															56.25	53.64	65.02	58.18	57.34

Competitive Comparison of Lihit Lab's Days Sales Outstanding

For the Business Equipment & Supplies subindustry, Lihit Lab'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.

Lihit Lab's Days Sales Outstanding Distribution in the Industrial Products Industry

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

* The bar in red indicates where Lihit Lab's Days Sales Outstanding falls into.

Lihit Lab 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.

Lihit Lab's Days Sales Outstanding for the fiscal year that ended in Feb. 2024 is calculated as

	Days Sales Outstanding (A: Feb. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Feb. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )	/	Revenue (A: Feb. 2024 )	*	Days in Period
=	( (1467.322	+	1465.466)	/	2 )	/	8803.462	*	365
=	1466.394					/	8803.462	*	365
=	60.80

Lihit Lab's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding (Q: Feb. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Nov. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )	/	Revenue (A: Feb. 2024 )	*	Days in Period
=	( (1293.637	+	1465.466)	/	2 )	/	2195.486	*	365 / 4
=	1379.5515					/	2195.486	*	365 / 4
=	57.34

Lihit Lab (TSE:7975) Days Sales Outstanding Explanation

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

Lihit Lab Days Sales Outstanding Related Terms

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Lihit Lab (TSE:7975) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lihit Lab Inc (TSE:7975) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

1-1-22 Farmer Bridge Chuo-ku, Osaka, JPN, 540-8526

Website

http://www.lihit-lab.com

Lihit Lab., Inc. is engaged in manufacturing and selling office supplies in Japan and internationally. Its products include files, clear books, clear cases, bag cases, and note binders; card holders, pencil cases, photo postcard albums, clip files, clipboards, and schedule files; drawing organize supplies and steel office equipment; OA and medical surprise products; and office devices.

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