Tokyo Rope Mfg Co (TSE:5981) Days Sales Outstanding : 77.58 (As of Dec. 2023)

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What is Tokyo Rope Mfg Co Days Sales Outstanding?

Tokyo Rope Mfg Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円14,857 Mil. Tokyo Rope Mfg Co's Revenue for the three months ended in Dec. 2023 was 円17,474 Mil. Hence, Tokyo Rope Mfg Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 77.58.

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

TSE:5981' s Days Sales Outstanding Range Over the Past 10 Years
Min: 80.39 Med: 83.04 Max: 89.39
Current: 86.38

During the past 13 years, Tokyo Rope Mfg Co's highest Days Sales Outstanding was 89.39. The lowest was 80.39. And the median was 83.04.

TSE:5981's Days Sales Outstanding is ranked worse than
56.11% of 2944 companies
in the Industrial Products industry
Industry Median: 79.815 vs TSE:5981: 86.38

Tokyo Rope Mfg Co's Days Sales Outstanding declined from Dec. 2022 (83.09) to Dec. 2023 (77.58).

Tokyo Rope Mfg Co Days Sales Outstanding Historical Data

The historical data trend for Tokyo Rope Mfg 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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Tokyo Rope Mfg Co Days Sales Outstanding Chart

Tokyo Rope Mfg Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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80.48

83.04

89.39

85.53

87.02

Tokyo Rope Mfg 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															83.09	89.22	88.75	85.87	77.58

Competitive Comparison of Tokyo Rope Mfg Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Tokyo Rope Mfg 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.

Tokyo Rope Mfg Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tokyo Rope Mfg Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tokyo Rope Mfg Co's Days Sales Outstanding falls into.

Tokyo Rope Mfg 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.

Tokyo Rope Mfg 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
=	( (15711	+	16299)	/	2 )	/	67135	*	365
=	16005					/	67135	*	365
=	87.02

Tokyo Rope Mfg 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
=	( (14151	+	15563)	/	2 )	/	17474	*	365 / 4
=	14857					/	17474	*	365 / 4
=	77.58

Tokyo Rope Mfg Co (TSE:5981) Days Sales Outstanding Explanation

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

Tokyo Rope Mfg Co Days Sales Outstanding Related Terms

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Tokyo Rope Mfg Co (TSE:5981) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tokyo Rope Mfg Co Ltd (TSE:5981) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-6-2 Nihonbashi, Chuo-ku, Tokyo, JPN, 1038306

Website

http://www.tokyorope.co.jp

Tokyo Rope Mfg Co Ltd is a Japan-based manufacturing company. Principally, it is involved in the design and construction of road safety devices such as rock fall prevention net, environment protection products including sound insulation walls, and bridges and cable-suspended bridges. It offers the various products such as wire rope for the use with the crane, elevators, forestry and fisheries and cableway, galvanized wire and strand, steel cord, bridge and structural cable product, carbon fiber composite cables, and many more. Additionally, it also produces and markets several industrial types of machinery and metal fiber.

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