Sumitomo Seika Chemicals Co (TSE:4008) Days Sales Outstanding : 79.55 (As of Dec. 2023)

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What is Sumitomo Seika Chemicals Co Days Sales Outstanding?

Sumitomo Seika Chemicals Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円32,760 Mil. Sumitomo Seika Chemicals Co's Revenue for the three months ended in Dec. 2023 was 円37,579 Mil. Hence, Sumitomo Seika Chemicals Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 79.55.

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

TSE:4008' s Days Sales Outstanding Range Over the Past 10 Years
Min: 69.63 Med: 83.54 Max: 91.72
Current: 78.58

During the past 13 years, Sumitomo Seika Chemicals Co's highest Days Sales Outstanding was 91.72. The lowest was 69.63. And the median was 83.54.

TSE:4008's Days Sales Outstanding is ranked worse than
64.98% of 1525 companies
in the Chemicals industry
Industry Median: 64.02 vs TSE:4008: 78.58

Sumitomo Seika Chemicals Co's Days Sales Outstanding declined from Dec. 2022 (79.70) to Dec. 2023 (79.55).

Sumitomo Seika Chemicals Co Days Sales Outstanding Historical Data

The historical data trend for Sumitomo Seika Chemicals 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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Sumitomo Seika Chemicals Co Days Sales Outstanding Chart

Sumitomo Seika Chemicals Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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91.72

83.82

80.17

69.63

76.21

Sumitomo Seika Chemicals Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															78.54	75.86	80.31	79.55	80.79

Competitive Comparison of Sumitomo Seika Chemicals Co's Days Sales Outstanding

For the Specialty Chemicals subindustry, Sumitomo Seika Chemicals 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.

Sumitomo Seika Chemicals Co's Days Sales Outstanding Distribution in the Chemicals Industry

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

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

Sumitomo Seika Chemicals 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.

Sumitomo Seika Chemicals Co's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (28017	+	31689)	/	2 )	/	142986	*	365
=	29853					/	142986	*	365
=	76.21

Sumitomo Seika Chemicals 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
=	( (33917	+	31603)	/	2 )	/	37579	*	365 / 4
=	32760					/	37579	*	365 / 4
=	79.55

Sumitomo Seika Chemicals Co (TSE:4008) Days Sales Outstanding Explanation

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

Sumitomo Seika Chemicals Co Days Sales Outstanding Related Terms

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Sumitomo Seika Chemicals Co (TSE:4008) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sumitomo Seika Chemicals Co Ltd (TSE:4008) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-13-5 Kudankita, Chiyoda-ku, Tokyo, JPN, 102-0073

Website

https://www.sumitomoseika.co.jp/

Sumitomo Seika Chemicals manufactures and sells chemicals and chemical-based products in three segments based on product type. The superabsorbent-polymers segment, which generates the majority of revenue, sells diapers, sanitary napkins, water repellent tape for power and optical cables, and sodium polyacrylate products used as a water-retention agent for agricultural and horticultural use. The chemicals segment sells plastic polymers, latex, and chemical additives used in the production of lithium-ion batteries and pharmaceuticals. The gases segment sells gases for industrial use, which includes electronics production, as well as aerosol propellant gas and nitrous oxide.

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