Mitsubishi Logistics (TSE:9301) Days Sales Outstanding : 65.82 (As of Mar. 2024)

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What is Mitsubishi Logistics Days Sales Outstanding?

Mitsubishi Logistics's average Accounts Receivable for the three months ended in Mar. 2024 was 円44,761 Mil. Mitsubishi Logistics's Revenue for the three months ended in Mar. 2024 was 円62,055 Mil. Hence, Mitsubishi Logistics's Days Sales Outstanding for the three months ended in Mar. 2024 was 65.82.

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

TSE:9301' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50.82 Med: 58.63 Max: 62.85
Current: 61.6

During the past 13 years, Mitsubishi Logistics's highest Days Sales Outstanding was 62.85. The lowest was 50.82. And the median was 58.63.

TSE:9301's Days Sales Outstanding is ranked worse than
68.43% of 966 companies
in the Transportation industry
Industry Median: 45.79 vs TSE:9301: 61.60

Mitsubishi Logistics's Days Sales Outstanding increased from Mar. 2023 (59.60) to Mar. 2024 (65.82).

Mitsubishi Logistics Days Sales Outstanding Historical Data

The historical data trend for Mitsubishi Logistics'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 Logistics Days Sales Outstanding Chart

Mitsubishi Logistics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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61.35

62.63

54.09

50.82

61.43

Mitsubishi Logistics 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															59.60	60.79	58.94	61.09	65.82

Competitive Comparison of Mitsubishi Logistics's Days Sales Outstanding

For the Integrated Freight & Logistics subindustry, Mitsubishi Logistics'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 Logistics's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Mitsubishi Logistics's Days Sales Outstanding distribution charts can be found below:

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

Mitsubishi Logistics 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 Logistics'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
=	( (44435	+	41226)	/	2 )	/	254504	*	365
=	42830.5					/	254504	*	365
=	61.43

Mitsubishi Logistics'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
=	( (48295	+	41226)	/	2 )	/	62055	*	365 / 4
=	44760.5					/	62055	*	365 / 4
=	65.82

Mitsubishi Logistics (TSE:9301) 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 Logistics Days Sales Outstanding Related Terms

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Mitsubishi Logistics (TSE:9301) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Mitsubishi Logistics Corp (TSE:9301) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

MIB:Germany

Address

19-1, Nihonbashi, Nihonbashi Dia Building, 1-chome Chuo-ku, Tokyo, JPN, 103-8630

Website

http://www.mitsubishi-logistics.co.jp

Mitsubishi Logistics Corp is a logistics and real estate investment company, domiciled in Japan. The company organizes itself into two segments: logistics and real estate. Logistics, which contributes the majority of revenue, includes warehousing; air, ocean, and rail transportation; port-terminal operations; and international freight forwarding. The real estate segment buys, sells, and lease office buildings and other commercial real estates. Mitsubishi Logistics derives the vast majority of revenue domestically.

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