Bridgestone (Bridgestone) Days Sales Outstanding : 80.25 (As of Dec. 2023)

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What is Bridgestone Days Sales Outstanding?

Bridgestone's average Accounts Receivable for the three months ended in Dec. 2023 was $6,815 Mil. Bridgestone's Revenue for the three months ended in Dec. 2023 was $7,749 Mil. Hence, Bridgestone's Days Sales Outstanding for the three months ended in Dec. 2023 was 80.25.

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

BRDCY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.02 Med: 69.61 Max: 96.36
Current: 82.57

During the past 13 years, Bridgestone's highest Days Sales Outstanding was 96.36. The lowest was 48.02. And the median was 69.61.

BRDCY's Days Sales Outstanding is ranked worse than
74.13% of 1268 companies
in the Vehicles & Parts industry
Industry Median: 60.74 vs BRDCY: 82.57

Bridgestone's Days Sales Outstanding increased from Dec. 2022 (75.16) to Dec. 2023 (80.25).

Bridgestone Days Sales Outstanding Historical Data

The historical data trend for Bridgestone'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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Bridgestone Days Sales Outstanding Chart

Bridgestone Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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78.87

93.87

82.87

81.06

83.03

Bridgestone 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															75.16	82.12	86.13	86.81	80.25

Competitive Comparison of Bridgestone's Days Sales Outstanding

For the Auto Parts subindustry, Bridgestone'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.

Bridgestone's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bridgestone's Days Sales Outstanding distribution charts can be found below:

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

Bridgestone 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.

Bridgestone's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (7016.339	+	6614.093)	/	2 )	/	29960.794	*	365
=	6815.216					/	29960.794	*	365
=	83.03

Bridgestone'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
=	( (7015.036	+	6614.093)	/	2 )	/	7748.607	*	365 / 4
=	6814.5645					/	7748.607	*	365 / 4
=	80.25

Bridgestone (OTCPK:BRDCY) Days Sales Outstanding Explanation

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

Bridgestone Days Sales Outstanding Related Terms

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

Bridgestone (Bridgestone) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Bridgestone Corp (OTCPK:BRDCY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

5108:Japan BGT:Germany

Address

1-1-3 Kyobashi, Chuo-ku, Tokyo, JPN, 104-8340

Website

http://www.bridgestone.co.jp

Bridgestone Corp is engaged in developing, manufacturing and marketing tires and diversified products. The company manufactures tires and tubes for passenger cars, trucks and buses, construction and mining vehicles, industrial machinery, agricultural machinery, aircraft, motorcycles and scooters and others. Its tire operations include retread business, automotive maintenance and repairs, retail business and raw material supplies, as well as tire development, manufacturing, and marketing. Bridgestone also provides diversified products that include, industrial products, chemical products, automotive components, construction materials, electronic equipment, bicycles, and sporting goods.

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