Toray Industries (Toray Industries) Days Sales Outstanding : 89.26 (As of Dec. 2023)

View and export this data going back to 1983. Start your Free Trial

What is Toray Industries Days Sales Outstanding?

Toray Industries's average Accounts Receivable for the three months ended in Dec. 2023 was $4,281 Mil. Toray Industries's Revenue for the three months ended in Dec. 2023 was $4,376 Mil. Hence, Toray Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 89.26.

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

TRYIY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 65.57 Med: 78.03 Max: 98.66
Current: 92.38

During the past 13 years, Toray Industries's highest Days Sales Outstanding was 98.66. The lowest was 65.57. And the median was 78.03.

TRYIY's Days Sales Outstanding is ranked worse than
79.09% of 1033 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.35 vs TRYIY: 92.38

Toray Industries's Days Sales Outstanding declined from Dec. 2022 (89.52) to Dec. 2023 (89.26).

Toray Industries Days Sales Outstanding Historical Data

The historical data trend for Toray 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.

* Premium members only.

Toray Industries Days Sales Outstanding Chart

Toray Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

82.06

90.73

99.12

93.90

90.64

Toray Industries 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															89.52	95.91	93.80	89.55	89.26

Competitive Comparison of Toray Industries's Days Sales Outstanding

For the Textile Manufacturing subindustry, Toray 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.

Toray Industries's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Toray Industries's Days Sales Outstanding distribution charts can be found below:

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

Toray 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.

Toray Industries'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
=	( (4864.898	+	4384.97)	/	2 )	/	18623.746	*	365
=	4624.934					/	18623.746	*	365
=	90.64

Toray Industries'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
=	( (4226.447	+	4334.661)	/	2 )	/	4375.784	*	365 / 4
=	4280.554					/	4375.784	*	365 / 4
=	89.26

Toray Industries (OTCPK:TRYIY) Days Sales Outstanding Explanation

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

Toray Industries Days Sales Outstanding Related Terms

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

Toray Industries (Toray Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Toray Industries Inc (OTCPK:TRYIY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

TRYIF:USA 3402:Japan TOR1:Germany

Address

Nihonbashi Mitsui Tower 2-1-1, Nihonbashi Muromach, Chuo-ku, Tokyo, JPN, 103-8666

Website

http://www.toray.co.jp

Toray Industries Inc is a Japan-based company that is primarily engaged in the integrated chemical industry to produce apparel and industrial materials. The company's businesses consist of Fibers & Textiles, Plastics & Chemicals, IT-related Products, Carbon Fiber Composite Materials, Environment & Engineering, and Life Science. The Fibers & Textiles business and Plastics & Chemicals business are the company's core growth drivers, and they jointly contribute around two thirds of the company's revenue. The company has business presence in Japan, China, other Asian areas, Europe, North America, and other areas, with the whole Asia market accounting for majority of the company's total revenue.