Chugoku Marine Paints (TSE:4617) Days Sales Outstanding : 111.29 (As of Dec. 2023)

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What is Chugoku Marine Paints Days Sales Outstanding?

Chugoku Marine Paints's average Accounts Receivable for the three months ended in Dec. 2023 was 円37,517 Mil. Chugoku Marine Paints's Revenue for the three months ended in Dec. 2023 was 円30,762 Mil. Hence, Chugoku Marine Paints's Days Sales Outstanding for the three months ended in Dec. 2023 was 111.29.

The historical rank and industry rank for Chugoku Marine Paints's Days Sales Outstanding or its related term are showing as below:

TSE:4617' s Days Sales Outstanding Range Over the Past 10 Years
Min: 107.82 Med: 140.99 Max: 165.39
Current: 109.93

During the past 13 years, Chugoku Marine Paints's highest Days Sales Outstanding was 165.39. The lowest was 107.82. And the median was 140.99.

TSE:4617's Days Sales Outstanding is ranked worse than
86.34% of 1523 companies
in the Chemicals industry
Industry Median: 63.73 vs TSE:4617: 109.93

Chugoku Marine Paints's Days Sales Outstanding increased from Dec. 2022 (108.15) to Dec. 2023 (111.29).

Chugoku Marine Paints Days Sales Outstanding Historical Data

The historical data trend for Chugoku Marine Paints'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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Chugoku Marine Paints Days Sales Outstanding Chart

Chugoku Marine Paints Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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140.56

130.47

129.56

119.16

107.82

Chugoku Marine Paints 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															108.15	102.31	112.56	111.90	111.29

Competitive Comparison of Chugoku Marine Paints's Days Sales Outstanding

For the Specialty Chemicals subindustry, Chugoku Marine Paints'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.

Chugoku Marine Paints's Days Sales Outstanding Distribution in the Chemicals Industry

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

* The bar in red indicates where Chugoku Marine Paints's Days Sales Outstanding falls into.

Chugoku Marine Paints 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.

Chugoku Marine Paints'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
=	( (27104	+	31667)	/	2 )	/	99481	*	365
=	29385.5					/	99481	*	365
=	107.82

Chugoku Marine Paints'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
=	( (37170	+	37864)	/	2 )	/	30762	*	365 / 4
=	37517					/	30762	*	365 / 4
=	111.29

Chugoku Marine Paints (TSE:4617) Days Sales Outstanding Explanation

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

Chugoku Marine Paints Days Sales Outstanding Related Terms

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Chugoku Marine Paints (TSE:4617) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chugoku Marine Paints Ltd (TSE:4617) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-6-6 Kasumigaseki, Tokyo Club Building, Chiyoda-ku, Tokyo, JPN, 100-0013

Website

http://www.cmp.co.jp

Chugoku Marine Paints Ltd is a Japanese paint manufacturing firm. The company engages in manufacturing and marketing a variety of paints and coating materials which include marine paints, industrial paints, and container paints. Its products are used for various industry applications such as anti-fouling and epoxy paint for ships, caulking material for railways, and UV curable paint for plastics. It also undertakes painting contracts and serves a wide range of client base from across the world.

Chugoku Marine Paints (TSE:4617) Headlines

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