Taiyo Kagaku Co (NGO:2902) Days Sales Outstanding : 101.42 (As of Dec. 2023)

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What is Taiyo Kagaku Co Days Sales Outstanding?

Taiyo Kagaku Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円13,429 Mil. Taiyo Kagaku Co's Revenue for the three months ended in Dec. 2023 was 円12,082 Mil. Hence, Taiyo Kagaku Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 101.42.

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

NGO:2902' s Days Sales Outstanding Range Over the Past 10 Years
Min: 86.87 Med: 97.93 Max: 100.71
Current: 94.33

During the past 13 years, Taiyo Kagaku Co's highest Days Sales Outstanding was 100.71. The lowest was 86.87. And the median was 97.93.

NGO:2902's Days Sales Outstanding is ranked worse than
76.66% of 1525 companies
in the Chemicals industry
Industry Median: 64.02 vs NGO:2902: 94.33

Taiyo Kagaku Co's Days Sales Outstanding increased from Dec. 2022 (97.49) to Dec. 2023 (101.42).

Taiyo Kagaku Co Days Sales Outstanding Historical Data

The historical data trend for Taiyo Kagaku 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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Taiyo Kagaku Co Days Sales Outstanding Chart

Taiyo Kagaku Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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100.71

97.93

98.57

91.68

86.87

Taiyo Kagaku 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															97.49	92.12	87.38	95.90	101.42

Competitive Comparison of Taiyo Kagaku Co's Days Sales Outstanding

For the Specialty Chemicals subindustry, Taiyo Kagaku 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.

Taiyo Kagaku Co's Days Sales Outstanding Distribution in the Chemicals Industry

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

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

Taiyo Kagaku 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.

Taiyo Kagaku 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
=	( (9306.326	+	11147.267)	/	2 )	/	42970.511	*	365
=	10226.7965					/	42970.511	*	365
=	86.87

Taiyo Kagaku 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
=	( (13714.181	+	13144.174)	/	2 )	/	12082.16	*	365 / 4
=	13429.1775					/	12082.16	*	365 / 4
=	101.42

Taiyo Kagaku Co (NGO:2902) Days Sales Outstanding Explanation

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

Taiyo Kagaku Co Days Sales Outstanding Related Terms

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Taiyo Kagaku Co (NGO:2902) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Taiyo Kagaku Co Ltd (NGO:2902) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

N/A

Address

No. 800 Yamada-cho Yokkaichi, Mie, JPN

Website

http://www.taiyokagaku.com

Taiyo Kagaku Co Ltd is engaged in the development and production of emulsifiers, stabilizers, egg and tea-based ingredients, and functional ingredients for the food, beverage, and pharmaceutical industries across the globe. Taiyo focuses on the development of innovative ingredients, derived from natural sources, to further develop the body's ability to protect and manage one's health. Its products include Sunphenon; Teavigo; Sunphenon EGCg; and Sunphenon XLB-100. The Sunphenon series, including the Teavigo brand, consists of standardized tea polyphenols and natural catechins that have been shown to have numerous physiological benefits, including antioxidant, anti-microbial, deodorant and thermogenic activities.

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