Sumitomo Forestry Co (TSE:1911) Days Sales Outstanding : 31.88 (As of Dec. 2023)

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What is Sumitomo Forestry Co Days Sales Outstanding?

Sumitomo Forestry Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円174,781 Mil. Sumitomo Forestry Co's Revenue for the three months ended in Dec. 2023 was 円500,285 Mil. Hence, Sumitomo Forestry Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 31.88.

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

TSE:1911' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.39 Med: 41.03 Max: 50.09
Current: 36.31

During the past 13 years, Sumitomo Forestry Co's highest Days Sales Outstanding was 50.09. The lowest was 35.39. And the median was 41.03.

TSE:1911's Days Sales Outstanding is ranked worse than
60.42% of 96 companies
in the Homebuilding & Construction industry
Industry Median: 22.97 vs TSE:1911: 36.31

Sumitomo Forestry Co's Days Sales Outstanding declined from Dec. 2022 (37.54) to Dec. 2023 (31.88).

Sumitomo Forestry Co Days Sales Outstanding Historical Data

The historical data trend for Sumitomo Forestry 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 Forestry Co Days Sales Outstanding Chart

Sumitomo Forestry Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Dec23

Days Sales Outstanding

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39.16

50.09

40.97

35.39

35.68

Sumitomo Forestry 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															41.26	35.47	38.74	31.88	33.87

Competitive Comparison of Sumitomo Forestry Co's Days Sales Outstanding

For the Residential Construction subindustry, Sumitomo Forestry 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 Forestry Co's Days Sales Outstanding Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Sumitomo Forestry Co's Days Sales Outstanding distribution charts can be found below:

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

Sumitomo Forestry 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 Forestry 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
=	( (170433	+	168377)	/	2 )	/	1733169	*	365
=	169405					/	1733169	*	365
=	35.68

Sumitomo Forestry 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
=	( (181184	+	168377)	/	2 )	/	500285	*	365 / 4
=	174780.5					/	500285	*	365 / 4
=	31.88

Sumitomo Forestry Co (TSE:1911) 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 Forestry Co Days Sales Outstanding Related Terms

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Sumitomo Forestry Co (TSE:1911) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Sumitomo Forestry Co Ltd (TSE:1911) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

5F6:Germany

Address

Keidanren Kaikan, 3-2, Otemachi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8270

Website

http://sfc.jp

Sumitomo Forestry Co Ltd is a diversified Japanese company that focuses on timber and building materials as well as residential construction. The company's timber business is one of Japan's leading suppliers of timber and also provides building and structural materials such as flooring and doors. It constructs custom-built single-family housing projects around Japan that use the company's timber materials and design. These two business units provide the majority of the company's revenue. Sumitomo Forestry operates timber and exporting businesses in Southeast Asia, Australia, and North America. It is also involved in forestry management, as it owns forests around Japan and Southeast Asia.

Sumitomo Forestry Co (TSE:1911) Headlines

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