GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ajinomoto Co Inc (OTCPK:AJINY) » Definitions » Days Sales Outstanding

Ajinomoto Co (Ajinomoto Co) Days Sales Outstanding : 43.09 (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Ajinomoto Co Days Sales Outstanding?

Ajinomoto Co's average Accounts Receivable for the three months ended in Dec. 2023 was $1,245 Mil. Ajinomoto Co's Revenue for the three months ended in Dec. 2023 was $2,637 Mil. Hence, Ajinomoto Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 43.09.

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

AJINY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 43.79   Med: 62.79   Max: 76.29
Current: 45.86

During the past 13 years, Ajinomoto Co's highest Days Sales Outstanding was 76.29. The lowest was 43.79. And the median was 62.79.

AJINY's Days Sales Outstanding is ranked worse than
59.95% of 1840 companies
in the Consumer Packaged Goods industry
Industry Median: 39.1 vs AJINY: 45.86

Ajinomoto Co's Days Sales Outstanding declined from Dec. 2022 (43.24) to Dec. 2023 (43.09).

Ajinomoto Co Days Sales Outstanding Historical Data

The historical data trend for Ajinomoto 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.

* Premium members only.

Ajinomoto Co Days Sales Outstanding Chart

Ajinomoto Co 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 66.19 61.87 59.38 53.86 46.56

Ajinomoto 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 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 43.24 47.79 45.64 45.84 43.09

Competitive Comparison of Ajinomoto Co's Days Sales Outstanding

For the Packaged Foods subindustry, Ajinomoto 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.

Ajinomoto Co's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ajinomoto Co's Days Sales Outstanding distribution charts can be found below:

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


Ajinomoto 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.

Ajinomoto 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
=( (1369.544 + 1224.815) / 2 ) / 10168.123*365
=1297.1795 / 10168.123*365
=46.56

Ajinomoto 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
=( (1190.247 + 1299.945) / 2 ) / 2636.735*365 / 4
=1245.096 / 2636.735*365 / 4
=43.09

* 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.

Ajinomoto Co  (OTCPK:AJINY) Days Sales Outstanding Explanation

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

Ajinomoto Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Ajinomoto Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Ajinomoto Co (Ajinomoto Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ajinomoto Co Inc (OTCPK:AJINY) » Definitions » Days Sales Outstanding
Comparable Companies
TSE:2801 TSE:2897 TSE:2875 TSE:2269 TSE:2212 TSE:2002 TSE:2871 TSE:2282 TSE:2229 TSE:2809 XSWX:NESN KHC XPAR:BN GIS SHSE:603288 NSE:NESTLEIND SHSE:600887 LSE:ABF SZSE:300999 BIMBOA
Traded in Other Exchanges
AJINF:USA 2802:Japan AJI:Germany
Address
15-1, Kyobashi 1-chome, Chuo-ku, Tokyo, JPN, 104-8315
Website
http://www.ajinomoto.co.jp
Ajinomoto is Japan's leading food company specializing in amino acids and seasonings derived from amino acid fermentation technologies. It also produces processed foods including dry soup mixes, frozen foods, and beverage products. Apart from the consumer business, it is a key supplier of MSG and nucleotides to global food manufacturers including Nestle. The food business represents nearly three fourths of group sales and 80%-plus of profits with nearly two thirds generated overseas. Healthcare and function materials (mainly Ajinomoto build-up film, or ABF), the key growth drivers through 2030, make up the balance of its business portfolio. The nonfood businesses are expected to contribute half of the group profits by 2030, boosted by ABF and CDMO growth.