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SMC (SMECF) Days Sales Outstanding : 101.80 (As of Dec. 2023)


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What is SMC Days Sales Outstanding?

SMC's average Accounts Receivable for the three months ended in Dec. 2023 was $1,465 Mil. SMC's Revenue for the three months ended in Dec. 2023 was $1,313 Mil. Hence, SMC's Days Sales Outstanding for the three months ended in Dec. 2023 was 101.80.

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

SMECF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 87.3   Med: 97.06   Max: 105.13
Current: 105.03

During the past 13 years, SMC's highest Days Sales Outstanding was 105.13. The lowest was 87.30. And the median was 97.06.

SMECF's Days Sales Outstanding is ranked worse than
68.97% of 2958 companies
in the Industrial Products industry
Industry Median: 79.24 vs SMECF: 105.03

SMC's Days Sales Outstanding increased from Dec. 2022 (100.84) to Dec. 2023 (101.80).


SMC Days Sales Outstanding Historical Data

The historical data trend for SMC'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.

* Premium members only.

SMC Days Sales Outstanding Chart

SMC Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 103.92 102.79 105.58 101.05 103.50

SMC 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 100.84 106.36 108.76 110.14 101.80

Competitive Comparison of SMC's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, SMC'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.


SMC's Days Sales Outstanding Distribution in the Industrial Products Industry

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

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



SMC 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.

SMC'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
=( (1787.347 + 1712.11) / 2 ) / 6170.473*365
=1749.7285 / 6170.473*365
=103.50

SMC'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
=( (1533.897 + 1396.165) / 2 ) / 1313.141*365 / 4
=1465.031 / 1313.141*365 / 4
=101.80

* 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.


SMC  (OTCPK:SMECF) Days Sales Outstanding Explanation

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


SMC Days Sales Outstanding Related Terms

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SMC (SMECF) Business Description

Traded in Other Exchanges
Address
4-14-1, Soto-Kanda, Chiyoda-ku, Tokyo, JPN, 101-0021
SMC Corp (domiciled in Japan) manufactures automatic control and filtration equipment. Its filters, valves, cylinders, and actuators are sold to customers in various industrial markets, and contribute to automated operations. The company has two reportable business segments: automatic control equipment (majority of total revenues), and others. SMC operates several production facilities, sales offices, and technical development centers to construct various components and streamline the process. Asia accounts for majority of total sales, but the company does utilize offices in the United States, Europe, and other regions of the world. It works to meet the rules and needs of foreign countries to ensure its products can be accepted in differentiated markets.

SMC (SMECF) Headlines

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