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Okamoto Industries (TSE:5122) Days Sales Outstanding : 70.64 (As of Dec. 2023)


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What is Okamoto Industries Days Sales Outstanding?

Okamoto Industries's average Accounts Receivable for the three months ended in Dec. 2023 was 円22,018 Mil. Okamoto Industries's Revenue for the three months ended in Dec. 2023 was 円28,441 Mil. Hence, Okamoto Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 70.64.

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

TSE:5122' s Days Sales Outstanding Range Over the Past 10 Years
Min: 69.15   Med: 83.46   Max: 106.34
Current: 72.92

During the past 13 years, Okamoto Industries's highest Days Sales Outstanding was 106.34. The lowest was 69.15. And the median was 83.46.

TSE:5122's Days Sales Outstanding is ranked worse than
59.44% of 1526 companies
in the Chemicals industry
Industry Median: 64.05 vs TSE:5122: 72.92

Okamoto Industries's Days Sales Outstanding increased from Dec. 2022 (70.34) to Dec. 2023 (70.64).


Okamoto Industries Days Sales Outstanding Historical Data

The historical data trend for Okamoto Industries'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.

Okamoto Industries Days Sales Outstanding Chart

Okamoto Industries 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 81.32 74.36 75.42 75.09 69.15

Okamoto Industries 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 70.34 73.10 71.02 72.37 70.64

Competitive Comparison of Okamoto Industries's Days Sales Outstanding

For the Specialty Chemicals subindustry, Okamoto Industries'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.


Okamoto Industries's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Okamoto Industries's Days Sales Outstanding distribution charts can be found below:

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



Okamoto Industries 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.

Okamoto Industries'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
=( (18001 + 19541) / 2 ) / 99076*365
=18771 / 99076*365
=69.15

Okamoto Industries'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
=( (21149 + 22887) / 2 ) / 28441*365 / 4
=22018 / 28441*365 / 4
=70.64

* 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.


Okamoto Industries  (TSE:5122) Days Sales Outstanding Explanation

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


Okamoto Industries Days Sales Outstanding Related Terms

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Okamoto Industries (TSE:5122) Business Description

Traded in Other Exchanges
N/A
Address
3-27-12, Hongo, Bunkyo-ku, Tokyo, JPN, 113-8710
Okamoto Industries Inc is in the business of manufacturing condoms and heating pads. It is also involved in the business of plastic films, automotive materials, wallpaper, flexible container bags, adhesive tape, rubber bands, and solar power generation business. The company has manufacturing plants in Shizuoka, Ibaraki and Fukushima.

Okamoto Industries (TSE:5122) Headlines

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