Shigematsu Works Co (TSE:7980) Days Sales Outstanding : 60.62 (As of Dec. 2023)

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What is Shigematsu Works Co Days Sales Outstanding?

Shigematsu Works Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円2,094 Mil. Shigematsu Works Co's Revenue for the three months ended in Dec. 2023 was 円3,152 Mil. Hence, Shigematsu Works Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 60.62.

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

TSE:7980' s Days Sales Outstanding Range Over the Past 10 Years
Min: 61.68 Med: 67.42 Max: 83.26
Current: 73.92

During the past 13 years, Shigematsu Works Co's highest Days Sales Outstanding was 83.26. The lowest was 61.68. And the median was 67.42.

TSE:7980's Days Sales Outstanding is ranked worse than
61.01% of 808 companies
in the Medical Devices & Instruments industry
Industry Median: 64.065 vs TSE:7980: 73.92

Shigematsu Works Co's Days Sales Outstanding declined from Dec. 2022 (78.46) to Dec. 2023 (60.62).

Shigematsu Works Co Days Sales Outstanding Historical Data

The historical data trend for Shigematsu Works 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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Shigematsu Works Co Days Sales Outstanding Chart

Shigematsu Works Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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65.85

65.23

70.46

83.26

81.32

Shigematsu Works Co 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															78.46	72.89	95.27	69.96	60.62

Competitive Comparison of Shigematsu Works Co's Days Sales Outstanding

For the Medical Instruments & Supplies subindustry, Shigematsu Works 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.

Shigematsu Works Co's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shigematsu Works Co's Days Sales Outstanding distribution charts can be found below:

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

Shigematsu Works 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.

Shigematsu Works Co'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
=	( (2686.894	+	3050.641)	/	2 )	/	12875.658	*	365
=	2868.7675					/	12875.658	*	365
=	81.32

Shigematsu Works 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
=	( (2175.99	+	2011.574)	/	2 )	/	3151.567	*	365 / 4
=	2093.782					/	3151.567	*	365 / 4
=	60.62

Shigematsu Works Co (TSE:7980) Days Sales Outstanding Explanation

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

Shigematsu Works Co Days Sales Outstanding Related Terms

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Shigematsu Works Co (TSE:7980) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shigematsu Works Co Ltd (TSE:7980) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-26-1, Nishigahara, Kita-ku, Tokyo, JPN, 114 0024

Website

http://www.sts-japan.com

Shigematsu Works Co Ltd is a Japan based company engaged in the safety business. It manufactures personal and respiratory protective devices related to fire and industrial safety, equipment for air purifying, emergency and rescue operations. The company offers products such as gas respirators, chemical cartridge respirators, particulate respirators, self-contained breathing apparatus, powered air-purifying respirators, supplied-air respirators, eye protector, face shields, earmuffs, safety belts, protective clothing, protective gloves, stretchers, oxygen meters and other related products. The products offered by the organization has application in various industries including textile, chemical, automobile, fishery, mining, warehouse and others.

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