Asahimatsu Foods Co (TSE:2911) Days Sales Outstanding : 61.92 (As of Dec. 2023)

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What is Asahimatsu Foods Co Days Sales Outstanding?

Asahimatsu Foods Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円1,645 Mil. Asahimatsu Foods Co's Revenue for the three months ended in Dec. 2023 was 円2,424 Mil. Hence, Asahimatsu Foods Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 61.92.

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

TSE:2911' s Days Sales Outstanding Range Over the Past 10 Years
Min: 64.18 Med: 65.08 Max: 71.57
Current: 71.57

During the past 13 years, Asahimatsu Foods Co's highest Days Sales Outstanding was 71.57. The lowest was 64.18. And the median was 65.08.

TSE:2911's Days Sales Outstanding is ranked worse than
82.55% of 1845 companies
in the Consumer Packaged Goods industry
Industry Median: 39.18 vs TSE:2911: 71.57

Asahimatsu Foods Co's Days Sales Outstanding increased from Dec. 2022 (61.52) to Dec. 2023 (61.92).

Asahimatsu Foods Co Days Sales Outstanding Historical Data

The historical data trend for Asahimatsu Foods 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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Asahimatsu Foods Co Days Sales Outstanding Chart

Asahimatsu Foods Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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65.08

65.86

64.46

64.18

65.31

Asahimatsu Foods 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															61.52	83.97	64.42	65.07	61.92

Competitive Comparison of Asahimatsu Foods Co's Days Sales Outstanding

For the Packaged Foods subindustry, Asahimatsu Foods 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.

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

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

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

Asahimatsu Foods 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.

Asahimatsu Foods 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
=	( (1431.53	+	1408.87)	/	2 )	/	7937.689	*	365
=	1420.2					/	7937.689	*	365
=	65.31

Asahimatsu Foods 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
=	( (1404.026	+	1885.403)	/	2 )	/	2423.963	*	365 / 4
=	1644.7145					/	2423.963	*	365 / 4
=	61.92

Asahimatsu Foods Co (TSE:2911) Days Sales Outstanding Explanation

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

Asahimatsu Foods Co Days Sales Outstanding Related Terms

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Asahimatsu Foods Co (TSE:2911) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Asahimatsu Foods Co Ltd (TSE:2911) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-7-3 Tagawa, Yodogawa-ku, Osaka, JPN

Website

http://www.asahimatsu.co.jp

Asahimatsu Foods Co., Ltd. is engaged in manufacturing and selling food products in Japan. It offers dried-frozen tofu, instant miso soups and other soups, sweets, dried-frozen tofu bean curd, natto, and flavored deep-fried bean curd. The company also provides diet products for invalids, such as cut gourmet foods; and health supplements with soybean.

Asahimatsu Foods Co (TSE:2911) Headlines

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