GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Harima Chemicals Group Inc (TSE:4410) » Definitions » Days Sales Outstanding

Harima Chemicals Group (TSE:4410) Days Sales Outstanding : 93.80 (As of Dec. 2023)


View and export this data going back to 1989. Start your Free Trial

What is Harima Chemicals Group Days Sales Outstanding?

Harima Chemicals Group's average Accounts Receivable for the three months ended in Dec. 2023 was 円25,014 Mil. Harima Chemicals Group's Revenue for the three months ended in Dec. 2023 was 円24,334 Mil. Hence, Harima Chemicals Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 93.80.

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

TSE:4410' s Days Sales Outstanding Range Over the Past 10 Years
Min: 81.99   Med: 95.06   Max: 101.74
Current: 95.29

During the past 13 years, Harima Chemicals Group's highest Days Sales Outstanding was 101.74. The lowest was 81.99. And the median was 95.06.

TSE:4410's Days Sales Outstanding is ranked worse than
77.26% of 1526 companies
in the Chemicals industry
Industry Median: 64.1 vs TSE:4410: 95.29

Harima Chemicals Group's Days Sales Outstanding increased from Dec. 2022 (91.17) to Dec. 2023 (93.80).


Harima Chemicals Group Days Sales Outstanding Historical Data

The historical data trend for Harima Chemicals Group'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.

Harima Chemicals Group Days Sales Outstanding Chart

Harima Chemicals Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 97.02 99.38 101.74 90.21 81.99

Harima Chemicals Group 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 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 91.17 96.29 90.61 94.95 93.80

Competitive Comparison of Harima Chemicals Group's Days Sales Outstanding

For the Specialty Chemicals subindustry, Harima Chemicals Group'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.


Harima Chemicals Group's Days Sales Outstanding Distribution in the Chemicals Industry

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

* The bar in red indicates where Harima Chemicals Group's Days Sales Outstanding falls into.



Harima Chemicals Group 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.

Harima Chemicals Group'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
=( (20147.88 + 22313.919) / 2 ) / 94510.872*365
=21230.8995 / 94510.872*365
=81.99

Harima Chemicals Group'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
=( (24634 + 25393) / 2 ) / 24334*365 / 4
=25013.5 / 24334*365 / 4
=93.80

* 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.


Harima Chemicals Group  (TSE:4410) Days Sales Outstanding Explanation

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


Harima Chemicals Group Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Harima Chemicals Group's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Harima Chemicals Group (TSE:4410) Business Description

Traded in Other Exchanges
N/A
Address
3 - chome Nihonbashi 3 - chome Chuo - ku, Tokyo, JPN, 103-0027
Harima Chemicals Group Inc is a Japan-based chemical manufacturer. The company is mainly engaged in chemical products business, papermaking chemical business, and electronic materials business. Products offered by the company include resins for printing ink, paint, resin for adhesive and adhesive, emulsifier for synthetic rubber, sizing agent, paper strength enhancer, and coating agent. Electronic materials business develops, manufacture and sell conductive paste, brazing material for aluminum and printed wiring board related materials. Harima has a global network with presence in Europe, Asia, Oceania, North America, and South America.

Harima Chemicals Group (TSE:4410) Headlines

No Headlines