Shinko Shoji Co (TSE:8141) Days Sales Outstanding : 83.77 (As of Dec. 2023)

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What is Shinko Shoji Co Days Sales Outstanding?

Shinko Shoji Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円36,333 Mil. Shinko Shoji Co's Revenue for the three months ended in Dec. 2023 was 円39,579 Mil. Hence, Shinko Shoji Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 83.77.

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

TSE:8141' s Days Sales Outstanding Range Over the Past 10 Years
Min: 70.89 Med: 77.06 Max: 81.89
Current: 75.81

During the past 13 years, Shinko Shoji Co's highest Days Sales Outstanding was 81.89. The lowest was 70.89. And the median was 77.06.

TSE:8141's Days Sales Outstanding is ranked worse than
51.4% of 2459 companies
in the Hardware industry
Industry Median: 74.61 vs TSE:8141: 75.81

Shinko Shoji Co's Days Sales Outstanding increased from Dec. 2022 (77.16) to Dec. 2023 (83.77).

Shinko Shoji Co Days Sales Outstanding Historical Data

The historical data trend for Shinko Shoji 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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Shinko Shoji Co Days Sales Outstanding Chart

Shinko Shoji Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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75.22

79.99

78.90

74.60

71.17

Shinko Shoji 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															77.16	74.11	77.64	74.88	83.77

Competitive Comparison of Shinko Shoji Co's Days Sales Outstanding

For the Electronics & Computer Distribution subindustry, Shinko Shoji 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.

Shinko Shoji Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shinko Shoji Co's Days Sales Outstanding distribution charts can be found below:

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

Shinko Shoji 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.

Shinko Shoji 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
=	( (31307	+	38531)	/	2 )	/	179076	*	365
=	34919					/	179076	*	365
=	71.17

Shinko Shoji 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
=	( (40321	+	32345)	/	2 )	/	39579	*	365 / 4
=	36333					/	39579	*	365 / 4
=	83.77

Shinko Shoji Co (TSE:8141) Days Sales Outstanding Explanation

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

Shinko Shoji Co Days Sales Outstanding Related Terms

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Shinko Shoji Co (TSE:8141) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shinko Shoji Co Ltd (TSE:8141) » Definitions » Days Sales Outstanding

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SKSJF:USA

Address

Art Village Osaki Central Tower13F, 1-2-2 Osaki, Shinagawa-ku, Tokyo, JPN, 141-8540

Website

https://www.shinko-sj.co.jp

Shinko Shoji Co Ltd is engaged in the sale, import and export of electronic components & assembly products which includes memory products, microcomputers, system large scale integrations, semiconductors, capacitors, ferrite cores & color liquid crystals.

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