Riken Corundum Co (TSE:5395) Days Sales Outstanding : 57.92 (As of Jun. 2024)

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What is Riken Corundum Co Days Sales Outstanding?

Riken Corundum Co's average Accounts Receivable for the three months ended in Jun. 2024 was 円647 Mil. Riken Corundum Co's Revenue for the three months ended in Jun. 2024 was 円1,019 Mil. Hence, Riken Corundum Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 57.92.

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

TSE:5395' s Days Sales Outstanding Range Over the Past 10 Years
Min: 55.03 Med: 85.27 Max: 94.51
Current: 55.13

During the past 13 years, Riken Corundum Co's highest Days Sales Outstanding was 94.51. The lowest was 55.03. And the median was 85.27.

TSE:5395's Days Sales Outstanding is ranked better than
60.8% of 1533 companies
in the Chemicals industry
Industry Median: 64.71 vs TSE:5395: 55.13

Riken Corundum Co's Days Sales Outstanding increased from Jun. 2023 (54.52) to Jun. 2024 (57.92).

Riken Corundum Co Days Sales Outstanding Historical Data

The historical data trend for Riken Corundum 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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Riken Corundum Co Days Sales Outstanding Chart

Riken Corundum Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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87.90

94.51

74.97

64.81

55.03

Riken Corundum Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															54.52	53.55	52.59	54.23	57.92

Competitive Comparison of Riken Corundum Co's Days Sales Outstanding

For the Specialty Chemicals subindustry, Riken Corundum 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.

Riken Corundum Co's Days Sales Outstanding Distribution in the Chemicals Industry

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

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

Riken Corundum 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.

Riken Corundum 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
=	( (667.323	+	594.48)	/	2 )	/	4184.695	*	365
=	630.9015					/	4184.695	*	365
=	55.03

Riken Corundum Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2024 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (613.404	+	680.526)	/	2 )	/	1019.182	*	365 / 4
=	646.965					/	1019.182	*	365 / 4
=	57.92

Riken Corundum Co (TSE:5395) Days Sales Outstanding Explanation

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

Riken Corundum Co Days Sales Outstanding Related Terms

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Riken Corundum Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Riken Corundum Co Ltd (TSE:5395) » Definitions » Days Sales Outstanding

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Address

547-1, miyamae, Saitama, Konosu, JPN, 365-0051

Website

http://www.rikencorundum.co.jp

Riken Corundum Co Ltd is an abrasive product manufacturing company. It is primarily engaged in the manufacturing and selling of coated abrasive papers, abrasive cloths, abrasive powders, OA equipment parts, and merchandise for personal use. In addition, it is also involved in the management and rental of real estate.

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