Mitsubishi Logisnext Co (TSE:7105) Days Sales Outstanding : 52.65 (As of Dec. 2023)

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What is Mitsubishi Logisnext Co Days Sales Outstanding?

Mitsubishi Logisnext Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円102,223 Mil. Mitsubishi Logisnext Co's Revenue for the three months ended in Dec. 2023 was 円177,183 Mil. Hence, Mitsubishi Logisnext Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 52.65.

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

TSE:7105' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.98 Med: 60.71 Max: 74.93
Current: 52.98

During the past 13 years, Mitsubishi Logisnext Co's highest Days Sales Outstanding was 74.93. The lowest was 52.98. And the median was 60.71.

TSE:7105's Days Sales Outstanding is ranked better than
68.75% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 73.645 vs TSE:7105: 52.98

Mitsubishi Logisnext Co's Days Sales Outstanding increased from Dec. 2022 (50.84) to Dec. 2023 (52.65).

Mitsubishi Logisnext Co Days Sales Outstanding Historical Data

The historical data trend for Mitsubishi Logisnext 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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Mitsubishi Logisnext Co Days Sales Outstanding Chart

Mitsubishi Logisnext Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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61.45

61.55

66.50

59.41

54.42

Mitsubishi Logisnext 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															50.84	51.04	56.65	54.34	52.65

Competitive Comparison of Mitsubishi Logisnext Co's Days Sales Outstanding

For the Farm & Heavy Construction Machinery subindustry, Mitsubishi Logisnext 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.

Mitsubishi Logisnext Co's Days Sales Outstanding Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Mitsubishi Logisnext Co's Days Sales Outstanding distribution charts can be found below:

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

Mitsubishi Logisnext 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.

Mitsubishi Logisnext 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
=	( (82382	+	101148)	/	2 )	/	615421	*	365
=	91765					/	615421	*	365
=	54.42

Mitsubishi Logisnext 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
=	( (106479	+	97967)	/	2 )	/	177183	*	365 / 4
=	102223					/	177183	*	365 / 4
=	52.65

Mitsubishi Logisnext Co (TSE:7105) 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 Logisnext Co Days Sales Outstanding Related Terms

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Mitsubishi Logisnext Co (TSE:7105) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Mitsubishi Logisnext Co Ltd (TSE:7105) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-1-1 Higashikotari, Nagaokakyo-shi, Kyoto, JPN, 617-8585

Website

http://www.logisnext.com

Mitsubishi Logisnext Co Ltd is the manufacturer of material handling equipment. Principally, it is engaged in the development, design, manufacture, and sale of electric and engine-powered forklifts, transportation robots, automated warehouses, local area network and other logistics equipment and systems, electric vehicles, and monorails. The company offers trucks, electric counterbalanced trucks, low lifters, loaders, order pickers, multi-directional trucks, lateral stacking trucks, stackers, power pallet trucks, and towing tractors.

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