Morimatsu International Holdings Co (FRA:1S5) Days Sales Outstanding : 47.48 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Morimatsu International Holdings Co Days Sales Outstanding?

Morimatsu International Holdings Co's average Accounts Receivable for the six months ended in Dec. 2023 was €122.6 Mil. Morimatsu International Holdings Co's Revenue for the six months ended in Dec. 2023 was €471.1 Mil. Hence, Morimatsu International Holdings Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 47.48.

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

FRA:1S5' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38 Med: 54.86 Max: 77.63
Current: 43.01

During the past 7 years, Morimatsu International Holdings Co's highest Days Sales Outstanding was 77.63. The lowest was 38.00. And the median was 54.86.

FRA:1S5's Days Sales Outstanding is ranked better than
87.96% of 2957 companies
in the Industrial Products industry
Industry Median: 79.63 vs FRA:1S5: 43.01

Morimatsu International Holdings Co's Days Sales Outstanding increased from Dec. 2022 (38.03) to Dec. 2023 (47.48).

Morimatsu International Holdings Co Days Sales Outstanding Historical Data

The historical data trend for Morimatsu International Holdings 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.

Morimatsu International Holdings Co Days Sales Outstanding Chart

Morimatsu International Holdings Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

64.62

57.22

43.50

36.79

45.27

Morimatsu International Holdings Co Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial						45.15	41.62	38.03	37.46	47.48

Competitive Comparison of Morimatsu International Holdings Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Morimatsu International Holdings 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.

Morimatsu International Holdings Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Morimatsu International Holdings Co's Days Sales Outstanding distribution charts can be found below:

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

Morimatsu International Holdings 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.

Morimatsu International Holdings Co'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
=	( (92.355	+	142.143)	/	2 )	/	945.262	*	365
=	117.249					/	945.262	*	365
=	45.27

Morimatsu International Holdings 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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (102.985	+	142.143)	/	2 )	/	471.138	*	365 / 2
=	122.564					/	471.138	*	365 / 2
=	47.48

Morimatsu International Holdings Co (FRA:1S5) Days Sales Outstanding Explanation

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

Morimatsu International Holdings Co Days Sales Outstanding Related Terms

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

Morimatsu International Holdings Co (FRA:1S5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Morimatsu International Holdings Co Ltd (FRA:1S5) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

02155:Hong Kong

Address

No. 29 Jinwen Road, Pudong New District, Zhuqiao Town, Shanghai, CHN, 201323

Website

http://www.morimatsu-online.com

Morimatsu International Holdings Co Ltd is a pressure equipment manufacturer and comprehensive pressure equipment solution provider in China. It offers traditional pressure equipment, modular pressure equipment, and pressure equipment-related value-added services. Geographically, the group has a presence in China, North America, Asia, Europe, Africa, and others, from which the majority of revenue derives from China.

Morimatsu International Holdings Co (FRA:1S5) Headlines

No Headlines