Shima Seiki Mfg (TSE:6222) Days Sales Outstanding : 582.48 (As of Dec. 2023)

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What is Shima Seiki Mfg Days Sales Outstanding?

Shima Seiki Mfg's average Accounts Receivable for the three months ended in Dec. 2023 was 円45,405 Mil. Shima Seiki Mfg's Revenue for the three months ended in Dec. 2023 was 円7,113 Mil. Hence, Shima Seiki Mfg's Days Sales Outstanding for the three months ended in Dec. 2023 was 582.48.

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

TSE:6222' s Days Sales Outstanding Range Over the Past 10 Years
Min: 344.31 Med: 404.13 Max: 715.95
Current: 442.57

During the past 13 years, Shima Seiki Mfg's highest Days Sales Outstanding was 715.95. The lowest was 344.31. And the median was 404.13.

TSE:6222's Days Sales Outstanding is ranked worse than
98.51% of 2957 companies
in the Industrial Products industry
Industry Median: 79.63 vs TSE:6222: 442.57

Shima Seiki Mfg's Days Sales Outstanding increased from Dec. 2022 (448.83) to Dec. 2023 (582.48).

Shima Seiki Mfg Days Sales Outstanding Historical Data

The historical data trend for Shima Seiki Mfg'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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Shima Seiki Mfg Days Sales Outstanding Chart

Shima Seiki Mfg Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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450.64

593.74

715.95

496.44

400.10

Shima Seiki Mfg 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															448.83	357.50	360.92	590.01	582.48

Competitive Comparison of Shima Seiki Mfg's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Shima Seiki Mfg'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.

Shima Seiki Mfg's Days Sales Outstanding Distribution in the Industrial Products Industry

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

* The bar in red indicates where Shima Seiki Mfg's Days Sales Outstanding falls into.

Shima Seiki Mfg 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.

Shima Seiki Mfg'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
=	( (39498	+	43560)	/	2 )	/	37886	*	365
=	41529					/	37886	*	365
=	400.10

Shima Seiki Mfg'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
=	( (47698	+	43112)	/	2 )	/	7113	*	365 / 4
=	45405					/	7113	*	365 / 4
=	582.48

Shima Seiki Mfg (TSE:6222) Days Sales Outstanding Explanation

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

Shima Seiki Mfg Days Sales Outstanding Related Terms

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Shima Seiki Mfg (TSE:6222) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shima Seiki Mfg Ltd (TSE:6222) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

85 Sakata, Wakayama, JPN, 641-8511

Website

http://www.shimaseiki.co.jp

Shima Seiki Mfg Ltd is a Japan-based company that is engaged in developing, manufacturing, selling, and servicing computerized flat knitting machines, design systems, automatic fabric-cutting machines, and glove- and sock-knitting machines. The company's products are applied in apparel, knitting, weaving, printing, circular knitting, interior furnishings, automotive, aerospace, and other industrial materials. Flat knitting machines account for the majority of the company's sales. Shima Seiki generates most of its sales from Asia and Europe.

Shima Seiki Mfg (TSE:6222) Headlines

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