Tanaka Seimitsu Kogyo Co (TSE:7218) Days Sales Outstanding : 38.46 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Tanaka Seimitsu Kogyo Co Days Sales Outstanding?

Tanaka Seimitsu Kogyo Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円4,455 Mil. Tanaka Seimitsu Kogyo Co's Revenue for the three months ended in Dec. 2023 was 円10,569 Mil. Hence, Tanaka Seimitsu Kogyo Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 38.46.

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

TSE:7218' s Days Sales Outstanding Range Over the Past 10 Years
Min: 37.33 Med: 40.62 Max: 43.08
Current: 37.33

During the past 13 years, Tanaka Seimitsu Kogyo Co's highest Days Sales Outstanding was 43.08. The lowest was 37.33. And the median was 40.62.

TSE:7218's Days Sales Outstanding is ranked better than
75.9% of 1274 companies
in the Vehicles & Parts industry
Industry Median: 60.34 vs TSE:7218: 37.33

Tanaka Seimitsu Kogyo Co's Days Sales Outstanding increased from Dec. 2022 (38.20) to Dec. 2023 (38.46).

Tanaka Seimitsu Kogyo Co Days Sales Outstanding Historical Data

The historical data trend for Tanaka Seimitsu Kogyo 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.

* Premium members only.

Tanaka Seimitsu Kogyo Co Days Sales Outstanding Chart

Tanaka Seimitsu Kogyo Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

38.78

40.21

43.08

41.07

42.10

Tanaka Seimitsu Kogyo 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															38.20	34.40	41.49	37.49	38.46

Competitive Comparison of Tanaka Seimitsu Kogyo Co's Days Sales Outstanding

For the Auto Parts subindustry, Tanaka Seimitsu Kogyo 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.

Tanaka Seimitsu Kogyo Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tanaka Seimitsu Kogyo Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tanaka Seimitsu Kogyo Co's Days Sales Outstanding falls into.

Tanaka Seimitsu Kogyo 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.

Tanaka Seimitsu Kogyo 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
=	( (3528.591	+	4367.837)	/	2 )	/	34228.274	*	365
=	3948.214					/	34228.274	*	365
=	42.10

Tanaka Seimitsu Kogyo 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
=	( (4512.35	+	4397.381)	/	2 )	/	10568.745	*	365 / 4
=	4454.8655					/	10568.745	*	365 / 4
=	38.46

Tanaka Seimitsu Kogyo Co (TSE:7218) Days Sales Outstanding Explanation

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

Tanaka Seimitsu Kogyo Co Days Sales Outstanding Related Terms

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

Tanaka Seimitsu Kogyo Co (TSE:7218) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tanaka Seimitsu Kogyo Co Ltd (TSE:7218) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-7-10 Shinjo-machi, Toyama-City, Toyama Prefecture, JPN, 930-0996

Website

http://www.tanasei.co.jp

Tanaka Seimitsu Kogyo Co., Ltd is engaged in manufacturing and sales of parts for automobiles and motorcycles and other miscellaneous parts.

Tanaka Seimitsu Kogyo Co (TSE:7218) Headlines

No Headlines