Meiwa (TSE:8103) Days Sales Outstanding : 80.27 (As of Dec. 2023)

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What is Meiwa Days Sales Outstanding?

Meiwa's average Accounts Receivable for the three months ended in Dec. 2023 was 円38,042 Mil. Meiwa's Revenue for the three months ended in Dec. 2023 was 円43,245 Mil. Hence, Meiwa's Days Sales Outstanding for the three months ended in Dec. 2023 was 80.27.

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

TSE:8103' s Days Sales Outstanding Range Over the Past 10 Years
Min: 98.03 Med: 102.42 Max: 105.63
Current: 98.03

During the past 13 years, Meiwa's highest Days Sales Outstanding was 105.63. The lowest was 98.03. And the median was 102.42.

TSE:8103's Days Sales Outstanding is ranked worse than
87.5% of 144 companies
in the Industrial Distribution industry
Industry Median: 58.815 vs TSE:8103: 98.03

Meiwa's Days Sales Outstanding declined from Dec. 2022 (117.11) to Dec. 2023 (80.27).

Meiwa Days Sales Outstanding Historical Data

The historical data trend for Meiwa'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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Meiwa Days Sales Outstanding Chart

Meiwa Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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99.94

103.80

102.42

102.94

105.63

Meiwa 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															117.11	117.05	100.69	89.36	80.27

Competitive Comparison of Meiwa's Days Sales Outstanding

For the Industrial Distribution subindustry, Meiwa'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.

Meiwa's Days Sales Outstanding Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Meiwa's Days Sales Outstanding distribution charts can be found below:

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

Meiwa 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.

Meiwa'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
=	( (44995	+	45682)	/	2 )	/	156662	*	365
=	45338.5					/	156662	*	365
=	105.63

Meiwa'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
=	( (36732	+	39351)	/	2 )	/	43245	*	365 / 4
=	38041.5					/	43245	*	365 / 4
=	80.27

Meiwa (TSE:8103) Days Sales Outstanding Explanation

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

Meiwa Days Sales Outstanding Related Terms

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Meiwa (TSE:8103) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Meiwa Corp (TSE:8103) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-1, Marunouchi 3-chome, Chiyoda-ku, Tokyo, JPN, 100-8311

Website

http://www.meiwa.co.jp

Meiwa Corp is a Japan-based company. It operates in nine business divisions. The Battery Materials Division develops consistent values from mineral resources and other starting materials. The Resources and Environment Business Division deals with rare earth, rare metals, metal products, inorganic materials, and environmental business. Resin business offers raw materials for automobiles, and electric machinery. The Medical-related Development Division supports procurement and consignment of drug substances and pharmaceutical intermediates. The Building Materials Division is mainly engaged in the field of insulation, interior, waterproofing, and wooden packaging. The company is also engaged in automobile, high function material, and petroleum business development project.

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