Mitsubishi Motors (TSE:7211) Days Sales Outstanding : 18.75 (As of Dec. 2023)

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What is Mitsubishi Motors Days Sales Outstanding?

Mitsubishi Motors's average Accounts Receivable for the three months ended in Dec. 2023 was 円150,597 Mil. Mitsubishi Motors's Revenue for the three months ended in Dec. 2023 was 円733,038 Mil. Hence, Mitsubishi Motors's Days Sales Outstanding for the three months ended in Dec. 2023 was 18.75.

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

TSE:7211' s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.68 Med: 26.45 Max: 36.58
Current: 20.68

During the past 13 years, Mitsubishi Motors's highest Days Sales Outstanding was 36.58. The lowest was 20.68. And the median was 26.45.

TSE:7211's Days Sales Outstanding is ranked better than
85.91% of 1270 companies
in the Vehicles & Parts industry
Industry Median: 60.285 vs TSE:7211: 20.68

Mitsubishi Motors's Days Sales Outstanding declined from Dec. 2022 (21.06) to Dec. 2023 (18.75).

Mitsubishi Motors Days Sales Outstanding Historical Data

The historical data trend for Mitsubishi Motors'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 Motors Days Sales Outstanding Chart

Mitsubishi Motors Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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21.22

36.58

24.53

22.60

21.96

Mitsubishi Motors 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															24.31	24.26	21.09	18.75	17.88

Competitive Comparison of Mitsubishi Motors's Days Sales Outstanding

For the Auto Manufacturers subindustry, Mitsubishi Motors'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 Motors's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

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

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

Mitsubishi Motors 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 Motors'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
=	( (184633	+	151006)	/	2 )	/	2789589	*	365
=	167819.5					/	2789589	*	365
=	21.96

Mitsubishi Motors'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
=	( (167796	+	133397)	/	2 )	/	733038	*	365 / 4
=	150596.5					/	733038	*	365 / 4
=	18.75

Mitsubishi Motors (TSE:7211) 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 Motors Days Sales Outstanding Related Terms

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Mitsubishi Motors (TSE:7211) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Mitsubishi Motors Corp (TSE:7211) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

MMTOF:USA MMO:Germany

Address

5-33-8, Shiba, Minato - ku, Tokyo, JPN, 108-8410

Website

http://www.mitsubishi-motors.co.jp

Mitsubishi Motors is a Japanese automobile manufacturer. The company principally produces small passenger vehicles, electric and hybrid vehicles, and sport utility vehicles, or SUVs. Mitsubishi Motors is organised into two business segments: automobile business and automobile financing business. The company derives the vast majority of company revenue from the automotive business. Geographically, the company is separated into five regions: Japan, North America, Europe, Asia (excluding Japan), and other. With more than half of its products manufactures in Japan where it also generates the majority of its consolidated revenue, followed by Asia, and North America.

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