Higashimaru Co (FSE:2058) Days Sales Outstanding : 68.85 (As of Dec. 2023)

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What is Higashimaru Co Days Sales Outstanding?

Higashimaru Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円2,895 Mil. Higashimaru Co's Revenue for the three months ended in Dec. 2023 was 円3,837 Mil. Hence, Higashimaru Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 68.85.

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

FSE:2058' s Days Sales Outstanding Range Over the Past 10 Years
Min: 44 Med: 50.9 Max: 69.3
Current: 69.3

During the past 11 years, Higashimaru Co's highest Days Sales Outstanding was 69.30. The lowest was 44.00. And the median was 50.90.

FSE:2058's Days Sales Outstanding is ranked worse than
81.46% of 1839 companies
in the Consumer Packaged Goods industry
Industry Median: 39.27 vs FSE:2058: 69.30

Higashimaru Co's Days Sales Outstanding increased from Dec. 2022 (67.49) to Dec. 2023 (68.85).

Higashimaru Co Days Sales Outstanding Historical Data

The historical data trend for Higashimaru 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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Higashimaru Co Days Sales Outstanding Chart

Higashimaru Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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51.84

52.50

50.89

52.38

50.90

Higashimaru 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															67.49	77.56	57.80	62.00	68.85

Competitive Comparison of Higashimaru Co's Days Sales Outstanding

For the Farm Products subindustry, Higashimaru 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.

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

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

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

Higashimaru 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.

Higashimaru 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
=	( (1584	+	1686)	/	2 )	/	11724	*	365
=	1635					/	11724	*	365
=	50.90

Higashimaru 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
=	( (2637	+	3153)	/	2 )	/	3837	*	365 / 4
=	2895					/	3837	*	365 / 4
=	68.85

Higashimaru Co (FSE:2058) Days Sales Outstanding Explanation

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

Higashimaru Co Days Sales Outstanding Related Terms

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Higashimaru Co (FSE:2058) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Higashimaru Co Ltd (FSE:2058) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Inokakura, Ijuin-cho, Hioki-shi, Kagoshima, JPN, 899-2594

Website

http://www.k-higashimaru.co.jp

Higashimaru Co Ltd produces, sells and exports food products. It has a fisheries business and food business. Its fisheries business engaged in the production and sale of yellowtail feeds and mixed feeds for various fish farms. The company offers formula feeds for fish culture and also provides instant noodles, noodle dishes, noodle soups, wheat noodles, snacks, and fruit juices, among others.

Higashimaru Co (FSE:2058) Headlines

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