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Fukutome Meat Packers (TSE:2291) Days Sales Outstanding : 54.67 (As of Mar. 2024)


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What is Fukutome Meat Packers Days Sales Outstanding?

Fukutome Meat Packers's average Accounts Receivable for the three months ended in Mar. 2024 was 円3,344 Mil. Fukutome Meat Packers's Revenue for the three months ended in Mar. 2024 was 円5,581 Mil. Hence, Fukutome Meat Packers's Days Sales Outstanding for the three months ended in Mar. 2024 was 54.67.

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

TSE:2291' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.31   Med: 37.49   Max: 43.19
Current: 43.19

During the past 13 years, Fukutome Meat Packers's highest Days Sales Outstanding was 43.19. The lowest was 35.31. And the median was 37.49.

TSE:2291's Days Sales Outstanding is ranked worse than
55.12% of 1883 companies
in the Consumer Packaged Goods industry
Industry Median: 38.9 vs TSE:2291: 43.19

Fukutome Meat Packers's Days Sales Outstanding increased from Mar. 2023 (51.86) to Mar. 2024 (54.67).


Fukutome Meat Packers Days Sales Outstanding Historical Data

The historical data trend for Fukutome Meat Packers'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.

Fukutome Meat Packers Days Sales Outstanding Chart

Fukutome Meat Packers Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.61 35.35 36.02 36.36 39.90

Fukutome Meat Packers 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 51.86 37.45 40.47 44.66 54.67

Competitive Comparison of Fukutome Meat Packers's Days Sales Outstanding

For the Packaged Foods subindustry, Fukutome Meat Packers'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.


Fukutome Meat Packers's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Fukutome Meat Packers's Days Sales Outstanding falls into.



Fukutome Meat Packers 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.

Fukutome Meat Packers'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
=( (2583 + 2925) / 2 ) / 25193*365
=2754 / 25193*365
=39.90

Fukutome Meat Packers's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding (Q: Mar. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (3763 + 2925) / 2 ) / 5581*365 / 4
=3344 / 5581*365 / 4
=54.67

* 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.


Fukutome Meat Packers  (TSE:2291) Days Sales Outstanding Explanation

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


Fukutome Meat Packers Days Sales Outstanding Related Terms

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Fukutome Meat Packers Business Description

Traded in Other Exchanges
N/A
Address
No. 6 No. 75, Hiroshima Nishi-ku, Kusatsu-ko chome, Hiroshima, JPN, 733-0832
Fukutome Meat Packers Ltd is a Japan-based company engaged in the purchase, processing, manufacture, and sale of meat products and other foodstuffs. Its products include ham, sausage, bacon, hana sausage, roast pork, roast beef, delica products, beef, and carp related products.

Fukutome Meat Packers Headlines

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