Micreed Co (TSE:7687) Days Sales Outstanding : 49.55 (As of Mar. 2024)

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What is Micreed Co Days Sales Outstanding?

Micreed Co's average Accounts Receivable for the three months ended in Mar. 2024 was 円784 Mil. Micreed Co's Revenue for the three months ended in Mar. 2024 was 円1,443 Mil. Hence, Micreed Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 49.55.

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

TSE:7687' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.77 Med: 45.61 Max: 51.69
Current: 44.53

During the past 7 years, Micreed Co's highest Days Sales Outstanding was 51.69. The lowest was 42.77. And the median was 45.61.

TSE:7687's Days Sales Outstanding is ranked worse than
74.09% of 301 companies
in the Retail - Defensive industry
Industry Median: 21.99 vs TSE:7687: 44.53

Micreed Co's Days Sales Outstanding declined from Mar. 2023 (49.66) to Mar. 2024 (49.55).

Micreed Co Days Sales Outstanding Historical Data

The historical data trend for Micreed 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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Micreed Co Days Sales Outstanding Chart

Micreed Co Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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43.33

51.69

45.61

42.77

44.27

Micreed Co Quarterly Data
	Mar18	Mar19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															49.66	43.76	41.93	43.33	49.55

Competitive Comparison of Micreed Co's Days Sales Outstanding

For the Food Distribution subindustry, Micreed 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.

Micreed Co's Days Sales Outstanding Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Micreed Co's Days Sales Outstanding distribution charts can be found below:

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

Micreed 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.

Micreed Co's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (691	+	749)	/	2 )	/	5936	*	365
=	720					/	5936	*	365
=	44.27

Micreed Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (818	+	749)	/	2 )	/	1443	*	365 / 4
=	783.5					/	1443	*	365 / 4
=	49.55

Micreed Co (TSE:7687) Days Sales Outstanding Explanation

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

Micreed Co Days Sales Outstanding Related Terms

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Micreed Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Micreed Co Ltd (TSE:7687) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-16-13 Nihonbashi, Chuo-ku, Landic Nihonbashi Building 9th Floor, Tokyo- Shipping Center, Chiba Prefecture, Order Center Saga City, Saga Prefecture, Narashino, JPN, 103-0027

Website

https://corp.micreed.co.jp

Micreed Co Ltd is engaged in planning and sales of commercial ingredients for restaurants. The company sells products such as meat, fish, vegetables, skewers, fried foods and desserts, frozen foods. It serves small and medium-sized restaurants, mainly privately owned izakayas.

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