Sumitomo Heavy Industries (Sumitomo Heavy Industries) Days Sales Outstanding : 105.44 (As of Mar. 2024)

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What is Sumitomo Heavy Industries Days Sales Outstanding?

Sumitomo Heavy Industries's average Accounts Receivable for the three months ended in Mar. 2024 was $1,965 Mil. Sumitomo Heavy Industries's Revenue for the three months ended in Mar. 2024 was $1,701 Mil. Hence, Sumitomo Heavy Industries's Days Sales Outstanding for the three months ended in Mar. 2024 was 105.44.

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

SOHVY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 97.42 Med: 112.53 Max: 125.14
Current: 97.42

During the past 13 years, Sumitomo Heavy Industries's highest Days Sales Outstanding was 125.14. The lowest was 97.42. And the median was 112.53.

SOHVY's Days Sales Outstanding is ranked worse than
63.59% of 2958 companies
in the Industrial Products industry
Industry Median: 79.61 vs SOHVY: 97.42

Sumitomo Heavy Industries's Days Sales Outstanding declined from Mar. 2023 (107.63) to Mar. 2024 (105.44).

Sumitomo Heavy Industries Days Sales Outstanding Historical Data

The historical data trend for Sumitomo Heavy Industries'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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Sumitomo Heavy Industries Days Sales Outstanding Chart

Sumitomo Heavy Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Dec23

Days Sales Outstanding

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115.99

116.92

119.71

116.66

120.79

Sumitomo Heavy Industries Quarterly Data
	Jun19	Sep19	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															107.63	105.66	103.58	83.85	105.44

Competitive Comparison of Sumitomo Heavy Industries's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Sumitomo Heavy Industries'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.

Sumitomo Heavy Industries's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sumitomo Heavy Industries's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Sumitomo Heavy Industries's Days Sales Outstanding falls into.

Sumitomo Heavy Industries 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.

Sumitomo Heavy Industries's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (2485.895	+	0)	/	1 )	/	7511.611	*	365
=	2485.895					/	7511.611	*	365
=	120.79

Sumitomo Heavy Industries'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
=	( (2013.182	+	1917.412)	/	2 )	/	1700.797	*	365 / 4
=	1965.297					/	1700.797	*	365 / 4
=	105.44

Sumitomo Heavy Industries (OTCPK:SOHVY) Days Sales Outstanding Explanation

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

Sumitomo Heavy Industries Days Sales Outstanding Related Terms

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Sumitomo Heavy Industries (Sumitomo Heavy Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sumitomo Heavy Industries Ltd (OTCPK:SOHVY) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

6302:Japan

Address

ThinkPark Tower, 1-1 Osaki 2-chome, Shinagawa-ku, Tokyo, JPN, 141-6025

Website

http://www.shi.co.jp

Sumitomo Heavy Industries Ltd develops and manufactures a range of industrial machinery, from gearboxes to ships and large-scale plants. It offers power transmission and control systems, molding machinery, mobile cranes, turbines, and other industrial systems to optimize production. The company has six operating segments: machinery components, precision machinery, construction machinery, industrial machinery, ships, and environmental facilities and plants. Its segments collaborate, utilize research and development, and look for synergies to create new technologies or build on existing components. Japan accounts for approximately half of total revenue, with the remainder split between the United States, China, and other areas.